American Bitcoin (ABTC) Research & Development (2018 - 2023)
American Bitcoin (ABTC) posted Research & Development of $181775.0 for Q4 2023, down 71.99% on a QoQ basis from $649070.0 in Q3 2023, and down 69.07% year-over-year from $587738.0 in Q4 2022.
Analysis
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.
- On a quarterly basis, Research & Development fell 69.07% year-over-year to $181775.0 in Q4 2023; TTM through Dec 2023 was $2.3 million, a 58.12% decrease from a year earlier, with the FY2023 full-year figure at $2.3 million, down 58.09% from the prior year.
- Research & Development was $181775.0 for Q4 2023 at American Bitcoin, down from $649070.0 in the prior quarter.
- The five-year high for Research & Development was $6.3 million in Q3 2020, with the low at -$863099.0 in Q4 2019.
- Average Research & Development over 5 years is $1.9 million, with a median of $1.8 million recorded in 2019.
- The sharpest annual moves came in 2019 and 2020: Research & Development tumbled 180.29% in 2019, then soared 555.11% in 2020.
- Over 5 years, Research & Development stood at -$863099.0 in 2019, then jumped by 555.11% to $3.9 million in 2020, then slumped by 45.42% to $2.1 million in 2021, then sank by 72.58% to $587738.0 in 2022, then sank by 69.07% to $181775.0 in 2023.
- The last three Research & Development figures came in at $181775.0 (Q4 2023), $649070.0 (Q3 2023), and $659287.0 (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn | - |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn | - |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn | - |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn | - |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - | 7.17 Mn |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - | - |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn | -36.05 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn | - |
| 10 | American Bitcoin | 721.97 Mn | 698.62 Mn | -40.07 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 | 587,738.00 |
| Sep 30, 2022 | 959,186.00 |
| Jun 30, 2022 | 1.98 Mn |
| Mar 31, 2022 | 2.05 Mn |
| Dec 31, 2021 | 2.14 Mn |
| Sep 30, 2021 | 2.00 Mn |
| Jun 30, 2021 | 1.83 Mn |
| Mar 31, 2021 | 1.74 Mn |
| Dec 31, 2020 | 3.93 Mn |
| Sep 30, 2020 | 6.26 Mn |
| Jun 30, 2020 | 4.16 Mn |
| Mar 31, 2020 | 2.04 Mn |
| Dec 31, 2019 | -863,099.00 |
| Sep 30, 2019 | 1.84 Mn |
| Jun 30, 2019 | 4.62 Mn |
| Mar 31, 2019 | 1.00 Mn |