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Tantalus Systems Holding (TSX:GRID) Research & Development : C$10.87 Mil (TTM As of Mar. 2024)


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What is Tantalus Systems Holding Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Tantalus Systems Holding's Research & Development for the three months ended in Mar. 2024 was C$2.78 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was C$10.87 Mil.

Tantalus Systems Holding Research & Development Historical Data

The historical data trend for Tantalus Systems Holding'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.

Tantalus Systems Holding Research & Development Chart

Tantalus Systems Holding Annual Data
Trend Dec21 Dec22 Dec23
Research & Development
6.95 10.29 10.61

Tantalus Systems Holding Quarterly Data
Mar20 Jun20 Sep20 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 2.57 2.81 2.71 2.57 2.78

Tantalus Systems Holding 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 C$10.87 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.

Tantalus Systems Holding  (TSX:GRID) 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.

Tantalus Systems Holding Research & Development Related Terms

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Tantalus Systems Holding (TSX:GRID) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tantalus Systems Holding Inc (TSX:GRID) » Definitions » Research & Development
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Traded in Other Exchanges
TNTLF:USA
Address
3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3
Website
https://www.tantalus.com
Tantalus Systems Holding Inc Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Utility Software Applications and Services. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.
Executives
Peter Londa Director, Senior Officer

Tantalus Systems Holding (TSX:GRID) Headlines