My Size (XTAE:MYSZ) Research & Development : ₪2.87 Mil (TTM As of Mar. 2024)

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What is My Size Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. My Size's Research & Development for the three months ended in Mar. 2024 was ₪0.50 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ₪2.87 Mil.

My Size Research & Development Historical Data

The historical data trend for My Size's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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My Size Research & Development Chart

My Size Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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5.69

5.72

15.96

6.39

3.66

My Size Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															1.29	0.85	0.91	0.61	0.50

My Size Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪2.87 Mil.

My Size (XTAE:MYSZ) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

My Size Research & Development Related Terms

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My Size (XTAE:MYSZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » My Size Inc (XTAE:MYSZ) » Definitions » Research & Development

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MYSZ:USA

Address

4 HAYARDEN Street, POB 1026, Airport City, ISR, 7010000

Website

https://www.mysizeid.com

My Size Inc is a us-based technology company that focuses on the development of an application that assists the consumer to accurately take the measurements of his or her own body to fit clothing in the best way possible without the need to try them on using a smartphone. The purpose of the company's business is to simplify the process of clothing acquisition through the Internet and to significantly reduce the rate of returns of clothing which were acquired through the internet and which are returned to the stores because of ill-fitting. The company generates its revenue through selling products to customers, and licensing cloud-enabled software subscriptions, associated software maintenance and support.