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Arteche Lantegi Elekartea (XMAD:ART) Research & Development : €3.1 Mil (TTM As of Dec. 2023)


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What is Arteche Lantegi Elekartea Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Arteche Lantegi Elekartea's Research & Development for the six months ended in Dec. 2023 was €1.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €3.1 Mil.


Arteche Lantegi Elekartea Research & Development Historical Data

The historical data trend for Arteche Lantegi Elekartea'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.

Arteche Lantegi Elekartea Research & Development Chart

Arteche Lantegi Elekartea Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
- 1.92 2.93 2.85 3.09

Arteche Lantegi Elekartea Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Research & Development Get a 7-Day Free Trial Premium Member Only 1.80 1.26 1.60 1.31 1.77

Arteche Lantegi Elekartea 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 semi-annually data reported by the company within the most recent 12 months, which was €3.1 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.


Arteche Lantegi Elekartea  (XMAD:ART) 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.


Arteche Lantegi Elekartea Research & Development Related Terms

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Arteche Lantegi Elekartea (XMAD:ART) Business Description

Traded in Other Exchanges
N/A
Address
Derio Bidea 28, Bizkaia, Mungia, ESP, 48100
Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

Arteche Lantegi Elekartea (XMAD:ART) Headlines

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