Ekobot AB (OSTO:EKOBOT) Research & Development : kr27.93 Mil (TTM As of Mar. 2024)

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What is Ekobot AB Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ekobot AB's Research & Development for the three months ended in Mar. 2024 was kr18.29 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was kr27.93 Mil.

Ekobot AB Research & Development Historical Data

The historical data trend for Ekobot AB'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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Ekobot AB Research & Development Chart

Ekobot AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

0.12

1.28

0.67

2.19

10.04

Ekobot AB Quarterly Data
	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													0.40	7.43	0.35	1.86	18.29

Ekobot AB 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 kr27.93 Mil.

Ekobot AB (OSTO:EKOBOT) 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.

Ekobot AB Research & Development Related Terms

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Ekobot AB (OSTO:EKOBOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ekobot AB (OSTO:EKOBOT) » Definitions » Research & Development

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Traded in Other Exchanges

0NT:Germany

Address

Slakterigatan 10, Vasteras, SWE, 721 32

Website

https://www.ekobot.se

Ekobot AB is an agriculture research company engaged in developing, manufacturing, and selling autonomous agricultural robots that enable efficient precision farming where weed management takes place without or with minimal use of herbicides. It has focused on providing the agricultural sector with a long-term sustainable alternative for reducing chemical spraying in crops for human consumption.

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