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| 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 |
| 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 |