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Veltex (Veltex) Research & Development : $0.00 Mil (TTM As of Mar. 2024)


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What is Veltex Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Veltex's Research & Development for the three months ended in Mar. 2024 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.


Veltex Research & Development Historical Data

The historical data trend for Veltex'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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Veltex Research & Development Chart

Veltex Annual Data
Trend Dec21 Dec22 Dec23
Research & Development
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Veltex Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial - - - - -

Veltex 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 $0.00 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.


Veltex  (OTCPK:VLXC) 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.


Veltex Research & Development Related Terms

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Veltex (Veltex) Business Description

Traded in Other Exchanges
N/A
Address
123 West Madison Street, Suite 1500, Chicago, IL, USA, 60602
Veltex Corp is a United States-based holding company. The company is engaged in the development and acquisition of companies that have established or advanced the latest modalities in the areas of health, wellness, and recovery. Its market includes rehab centres and treatment centres. The company also acquires real estate properties.