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Taiga Motors (TSX:TAIG) Research & Development : C$14.53 Mil (TTM As of Mar. 2024)


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What is Taiga Motors Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Taiga Motors's Research & Development for the three months ended in Mar. 2024 was C$3.02 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was C$14.53 Mil.

Taiga Motors Research & Development Historical Data

The historical data trend for Taiga Motors'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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Taiga Motors Research & Development Chart

Taiga Motors Annual Data
Trend May17 May18 May19 May20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial 0.74 1.28 5.90 9.39 15.42

Taiga Motors Quarterly Data
May18 May19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.91 4.30 4.09 3.11 3.02

Taiga Motors 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 C$14.53 Mil.

* 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.

Taiga Motors  (TSX:TAIG) 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.

Taiga Motors Research & Development Related Terms

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Taiga Motors (TSX:TAIG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Taiga Motors Corp (TSX:TAIG) » Definitions » Research & Development
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Traded in Other Exchanges
TAIMF:USA
Address
2695 Dollard Avenue, LaSalle, Montreal, QC, CAN, H8N 2J8
Website
https://www.taigamotors.com
Taiga Motors Corp is a Canadian company focused on the production and delivery of all-electric vehicles. its activities of research and development, design, and marketing. Its product lineup includes electric snowmobiles and personal watercraft. Its geographic regions are Canada and the United states of America, and the majority of its revenue comes from Canada.

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