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

American Bitcoin (ABTC) posted quarterly Research & Development of $181775.0 for Q4 2023, up 31.73% year-over-year from $137989.0 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 (ABTC) has reported Research & Development for 6 consecutive years, with $181775.0 the latest figure, recorded in Q4 2023.

  • In Q4 2023, Research & Development rose 31.73% year-over-year to $181775.0; the TTM figure through Dec 2023 stood at $2.3 million (down 42.87% YoY), while the FY2023 annual figure was $2.3 million, down 42.87% from the prior year.
  • Research & Development came in at $181775.0 for Q4 2023 at American Bitcoin, down from $649070.0 in the prior quarter.
  • The five-year high for Research & Development was $3.2 million in Q4 2020, with the low at -$524423.0 in Q4 2019.
  • Average Research & Development over 5 years is $1.1 million, with a median of $1.0 million recorded in 2019.
  • Across the five-year window, Research & Development plunged 148.78% in 2019 and surged 703.73% in 2020, its largest moves.
  • Year by year, Research & Development stood at -$524423.0 in 2019, then surged by 703.73% to $3.2 million in 2020, then plunged by 56.6% to $1.4 million in 2021, then sank by 89.96% to $137989.0 in 2022, then surged by 31.73% to $181775.0 in 2023.
  • According to Business Quant data, Research & Development over the past three periods registered $181775.0, $649070.0, and $659287.0 for Q4 2023, Q3 2023, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1.15 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 583.00 Mn
3 Schwab Charles 167.21 Bn 122.24 Bn - -
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -65.09 Mn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 241.00 Mn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 23.47 Mn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 39.55 Mn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -
10 American Bitcoin 631.05 Mn 621.00 Mn 32.52 Mn -

Historic Data

Download Data
DateValue
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
Dec 31, 2020 3.17 Mn
Sep 30, 2020 1.76 Mn
Jun 30, 2020 1.09 Mn
Mar 31, 2020 874,787.00
Dec 31, 2019 -524,423.00
Sep 30, 2019 610,902.00
Mar 31, 2019 1.00 Mn
Dec 31, 2018 1.08 Mn