Novra Technologies (TSXV:NVI) Research & Development : C$0.77 Mil (TTM As of Dec. 2023)

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What is Novra Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Novra Technologies's Research & Development for the three months ended in Dec. 2023 was C$-0.37 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.77 Mil.

Novra Technologies Research & Development Historical Data

The historical data trend for Novra Technologies'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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Novra Technologies Research & Development Chart

Novra Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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3.34

2.98

2.09

2.26

1.46

Novra Technologies 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															1.13	0.54	0.36	0.23	-0.37

Novra Technologies 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 C$0.77 Mil.

Novra Technologies (TSXV:NVI) 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.

Novra Technologies Research & Development Related Terms

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Novra Technologies (TSXV:NVI) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Novra Technologies Inc (TSXV:NVI) » Definitions » Research & Development

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NVRVF:USA

Address

210 - 100 Innovation Drive, Winnipeg, MB, CAN, R3T 6G2

Website

https://www.novra.com

Novra Technologies Inc is engaged in the satellite data distribution business. It offers a comprehensive product portfolio including hardware, software, and services. In addition to its core video, radio, and data products, areas of expertise and added value include encryption and cybersecurity, next-generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. The company is spread across the United States which is the key revenue driver, Canada, EMEA and APAC.

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