American Bitcoin (ABTC) Research & Development (2018 - 2023)
American Bitcoin (ABTC) recorded Research & Development of $181,775 in Q4 2023, up 31.7% from $137,989 a year earlier but down 72.0% from the prior quarter.
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Analysis
American Bitcoin (ABTC) Research & Development (2018 - 2023) Analysis & Trends
For FY2023, American Bitcoin reported Research & Development of $2.34 million, down 42.9% from FY2022.
- Annual Research & Development has a five-year compound annual growth rate of -2.5% (FY2018 to FY2023).
- Across earlier years, Research & Development came in at $4.09 million in FY2022 (-30.6%), $5.89 million in FY2021 (+86.1%), $3.17 million in FY2020 and $5.57 million in FY2019 (+110.4%).
- Quarterly Research & Development has ranged from $137,989 in Q4 2022 to $1.72 million in Q1 2022 over the past five years.
- On a year-over-year basis, Research & Development rose in 1 of the last seven quarters, with an average decline of 35.0%.
- Per Business Quant, the preceding three quarters came in at $649,070 (Q3 2023), $659,287 (Q2 2023) and $845,478 (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.37 Bn | 8.59 Bn | - | 849.00 Mn |
| 2 | Block | 47.25 Bn | 18.55 Bn | 3.17 Bn | 608.66 Mn |
| 3 | Coinbase Global | 46.08 Bn | 2.89 Bn | - | 472.85 Mn |
| 4 | Corpay | 26.79 Bn | 16.67 Bn | - | - |
| 5 | Fiserv | 25.69 Bn | 22.37 Bn | 2.90 Bn | - |
| 6 | Global Payments | 23.16 Bn | 945.71 Mn | 2.03 Bn | - |
| 7 | Guidewire Software | 15.17 Bn | 11.74 Bn | 269.68 Mn | 90.59 Mn |
| 8 | Bitmine Immersion Technologies | 12.88 Bn | 10.26 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.77 Bn | 7.56 Bn | 594.87 Mn | 112.11 Mn |
| 10 | American Bitcoin | 575.42 Mn | 535.22 Mn | 33.01 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 181,775.00 |
| Sep 30, 2023 | 649,070.00 |
| Jun 30, 2023 | 659,287.00 |
| Mar 31, 2023 | 845,478.00 |
| Dec 31, 2022 | 137,989.00 |
| Sep 30, 2022 | 959,186.00 |
| Jun 30, 2022 | 1.28 Mn |
| Mar 31, 2022 | 1.72 Mn |
| Dec 31, 2021 | 1.37 Mn |
| Sep 30, 2021 | 1.57 Mn |
| Jun 30, 2021 | 1.53 Mn |
| Mar 31, 2021 | 1.42 Mn |
| Jun 30, 2020 | 1.09 Mn |
| Mar 31, 2020 | 874,787.00 |
| Dec 31, 2019 | 623,501.00 |
| Sep 30, 2019 | 610,902.00 |
| Jun 30, 2019 | 2.69 Mn |
| Mar 31, 2019 | 1.00 Mn |
| Dec 31, 2018 | 1.08 Mn |
| Sep 30, 2018 | 801,472.00 |
API Access
American Bitcoin Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ABTC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ABTC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ABTC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();