init innovation in traffic systems SE (XTER:IXX) Research & Development : €13.0 Mil (TTM As of Dec. 2023)

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What is init innovation in traffic systems SE Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. init innovation in traffic systems SE's Research & Development for the three months ended in Dec. 2023 was €3.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €13.0 Mil.

init innovation in traffic systems SE Research & Development Historical Data

The historical data trend for init innovation in traffic systems SE'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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init innovation in traffic systems SE Research & Development Chart

init innovation in traffic systems SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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10.44

10.96

12.56

13.51

13.03

init innovation in traffic systems SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															3.66	3.39	2.87	3.28	3.48

init innovation in traffic systems SE Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €13.0 Mil.

init innovation in traffic systems SE (XTER:IXX) 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.

init innovation in traffic systems SE Research & Development Related Terms

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init innovation in traffic systems SE (XTER:IXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » init innovation in traffic systems SE (XTER:IXX) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

IXX:Germany IXX:Germany IXX:Germany

Address

Kaeppelestrasse 4-10, Karlsruhe, BW, DEU, D-76131

Website

https://www.initag.com

init innovation in traffic systems SE is an international system supplier of transportation telematics. The company develops and supplies integrated planning, dispatching, telematics and ticketing systems for buses and trains. The firm develops, produces, integrates, installs, and maintains software and hardware products for the planning, management, and optimization of transport companies. It offers research and development, planning and dispatching, analyzing and optimizing, ticketing and fare management, operations control and real-time passenger information, and service and maintenance solutions. Geographical presence of the company is in Germany, North America, Europe, Australia and UAE.

Executives

Dr. Gottfried Greschner	Board of Directors
Jörg Munz	Board of Directors
Dr. Jürgen Greschner	Board of Directors

init innovation in traffic systems SE (XTER:IXX) Headlines

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