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Royal Wins (XCNQ:SKLL) Research & Development : C$0.00 Mil (TTM As of Jun. 2022)


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What is Royal Wins Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Royal Wins's Research & Development for the three months ended in Jun. 2022 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2022 was C$0.00 Mil.

Royal Wins Research & Development Historical Data

The historical data trend for Royal Wins'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.

* Premium members only.

Royal Wins Research & Development Chart

Royal Wins Annual Data
Trend Dec19 Dec20 Jun21 Jun22
Research & Development
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Royal Wins Quarterly Data
Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Royal Wins Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$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.

Royal Wins  (XCNQ:SKLL) 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.

Royal Wins Research & Development Related Terms

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Royal Wins (XCNQ:SKLL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Wins Corp (XCNQ:SKLL) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
401 Bay Street, Suite 2704, Box 4, Toronto, ON, CAN, M5H2Y4
Website
https://www.royalwins.com
Royal Wins Corp is a digital games studio pioneering skill game wagering and betting on mobile casual games. It designs, develops, and operates real money-wagering skill games, to disrupt and dominate the online gaming space such that all players of legal age can play and win life-changing jackpots and prizes on their skill instead of only on chance and odds. It designs develops and operates pure skill games for both cash and non-cash prizes targeting millennial markets via its primary skill gaming app, the Kash Karnival. Its primary innovation and intellectual property centres around solving big data problems around skill gaming mechanics, algorithms pertaining to balancing cash jackpots, game difficulty modules, and maintenance of return-to-player percentages.

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