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WiseTech Global (ASX:WTC) Research & Development : A$0.0 Mil (TTM As of Dec. 2023)


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What is WiseTech Global Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. WiseTech Global's Research & Development for the six months ended in Dec. 2023 was A$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.0 Mil.

WiseTech Global Research & Development Historical Data

The historical data trend for WiseTech Global'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.

WiseTech Global Research & Development Chart

WiseTech Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Research & Development
Get a 7-Day Free Trial 84.17 115.40 128.90 142.90 185.80

WiseTech Global Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

WiseTech Global 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 A$0.0 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.

WiseTech Global  (ASX:WTC) 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.

WiseTech Global Research & Development Related Terms

Thank you for viewing the detailed overview of WiseTech Global's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

WiseTech Global (ASX:WTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » WiseTech Global Ltd (ASX:WTC) » Definitions » Research & Development
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Traded in Other Exchanges
WIGBY:USA WTCHF:USA 17W:Germany
Address
72 O’Riordan Street, Unit 3a, Alexandria, Sydney, NSW, AUS, 2015
Website
https://www.wisetechglobal.com
WiseTech is a founder-led technology company that provides logistics software. WiseTech's core product suite, CargoWise, provides the best-in-class software solution for international freight-forwarding and boasts industry-leading annual customer retention rates of over 99%. CargoWise's main competition consists of in-house software solutions and manual processes, providing a large and highly winnable market opportunity for WiseTech's current and future products.

WiseTech Global (ASX:WTC) Headlines

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