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The Real Brokerage (The Real Brokerage) Research & Development : $8.3 Mil (TTM As of Mar. 2024)


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What is The Real Brokerage Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. The Real Brokerage's Research & Development for the three months ended in Mar. 2024 was $2.5 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $8.3 Mil.


The Real Brokerage Research & Development Historical Data

The historical data trend for The Real Brokerage'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.

The Real Brokerage Research & Development Chart

The Real Brokerage Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
0.23 0.41 3.98 4.87 7.36

The Real Brokerage Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.52 1.58 1.93 2.33 2.46

The Real Brokerage 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 $8.3 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.


The Real Brokerage  (NAS:REAX) 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.


The Real Brokerage Research & Development Related Terms

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The Real Brokerage (The Real Brokerage) Business Description

Traded in Other Exchanges
Address
133 Richmond Street West, Suite 302, Toronto, ON, CAN, M5H 2L3
The Real Brokerage Inc is a technology-powered real estate brokerage firm. It has developed, integrated, and adopted various mobile and desktop-focused technologies to create a comprehensive offering to its agents and to assist Real with its brokerage operations. The group delivers a cloud-based platform to improve efficiencies and empower real estate agents to provide a seamless end-to-end experience for homebuyers and sellers.