American Bitcoin (ABTC) Research & Development (2018 - 2023)

American Bitcoin (ABTC) posted quarterly Research & Development of $181775.0 for Q4 2023, down 69.07% year-over-year from $587738.0 in Q4 2022, and down 71.99% on a QoQ basis from $649070.0 in Q3 2023.

American Bitcoin (ABTC) Research & Development (2018 - 2023) Analysis & Trends

American Bitcoin has reported Research & Development for 6 years, with the latest figure at $181775.0 in Q4 2023.

  • Research & Development for Q4 2023 came in at $181775.0, down 69.07% year-over-year; the trailing twelve-month figure through Dec 2023 was $2.3 million (down 58.12% YoY), and the FY2023 annual result was $2.3 million, down 58.09% from the prior year.
  • Research & Development fell to $181775.0 in Q4 2023, from $649070.0 in the prior quarter.
  • Over five years, Research & Development peaked at $6.3 million in Q3 2020 and troughed at -$863099.0 in Q4 2019.
  • A 5-year average of $1.8 million and a median of $1.8 million in 2021 frame the typical range for Research & Development.
  • The widest annual swing landed in 2019, when Research & Development tumbled 180.29%; it then surged 555.11% in 2020.
  • A 5-year view of Research & Development shows it stood at -$863099.0 in 2019, then surged by 555.11% to $3.9 million in 2020, then plunged by 45.42% to $2.1 million in 2021, then tumbled by 72.58% to $587738.0 in 2022, then tumbled by 69.07% to $181775.0 in 2023.
  • Per Business Quant data, the three most recent Research & Development figures were $181775.0 in Q4 2023, $649070.0 in Q3 2023, and $659287.0 in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 1.20 Bn
2 Goldman Sachs 316.34 Bn -660.01 Bn - 635.00 Mn
3 Schwab Charles 220.55 Bn 135.80 Bn - -
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn -65.09 Mn
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 256.00 Mn
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - -
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 26.20 Mn
10 American Bitcoin 438.90 Mn 415.55 Mn -40.07 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 315,771.00
Sep 30, 2023 649,070.00
Jun 30, 2023 659,287.00
Mar 31, 2023 781,491.00
Dec 31, 2022 137,989.00
Sep 30, 2022 954,759.00
Jun 30, 2022 1.28 Mn
Mar 31, 2022 2.05 Mn
Dec 31, 2021 3.19 Mn
Sep 30, 2021 2.00 Mn
Jun 30, 2021 1.53 Mn
Mar 31, 2021 1.42 Mn
Dec 31, 2020 3.93 Mn
Sep 30, 2020 6.26 Mn
Jun 30, 2020 1.96 Mn
Mar 31, 2020 2.04 Mn
Dec 31, 2019 -863,099.00
Sep 30, 2019 1.84 Mn
Mar 31, 2019 1.00 Mn
Dec 31, 2018 1.08 Mn