Movida Participacoes (BSP:MOVI3) Research & Development : R$0 Mil (TTM As of Dec. 2023)

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What is Movida Participacoes Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Movida Participacoes's Research & Development for the three months ended in Dec. 2023 was R$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was R$0 Mil.

Movida Participacoes Research & Development Historical Data

The historical data trend for Movida Participacoes'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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Movida Participacoes Research & Development Chart

Movida Participacoes Annual Data

Trend

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Research & Development

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Movida Participacoes Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Movida Participacoes 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 R$0 Mil.

Movida Participacoes (BSP:MOVI3) 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.

Movida Participacoes Research & Development Related Terms

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Movida Participacoes (BSP:MOVI3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Movida Participacoes SA (BSP:MOVI3) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

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Address

Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001

Website

https://www.movida.com.br/

Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

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