Akso Health (AHG) Research & Development (2017 - 2019)
Akso Health (AHG) posted quarterly Research & Development of $9.3 million for Q3 2019, down 21.14% year-on-year from $11.7 million in Q3 2018, and up 131.49% on a QoQ basis from -$29.4 million in Q1 2019.
Akso Health (AHG) Research & Development (2017 - 2019) Analysis & Trends
Akso Health (AHG) has reported Research & Development for 3 consecutive years, with $9.3 million the latest figure, recorded in Q3 2019.
- Quarterly Research & Development fell 21.14% year-over-year to $9.3 million in Q3 2019, while the trailing twelve-month figure through Sep 2019 was -$1.2 million (down 103.8% YoY) and the FY2024 annual result came in at $168421.0, up 2428.46% from the prior year.
- Research & Development advanced to $9.3 million in Q3 2019 per AHG's latest filing, from -$29.4 million in the prior quarter.
- Over the last five years, Research & Development for AHG reached as high as $11.7 million in Q3 2018 and fell as low as -$29.4 million in Q1 2019.
- A 3-year average of $2.9 million and a median of $5.5 million in 2017 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2018 — Research & Development jumped 354.15% — and 2019, when it tumbled 941.39%.
- Year by year, Research & Development stood at $5.5 million in 2017, then surged by 30.84% to $7.2 million in 2018, then grew by 29.13% to $9.3 million in 2019.
- According to Business Quant data, Research & Development over the past three periods registered $9.3 million, -$29.4 million, and $7.2 million for Q3 2019, Q1 2019, and Q4 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 105.15 Bn | 101.18 Bn | 4.04 Bn | - |
| 2 | Cencora | 60.58 Bn | 58.40 Bn | 3.59 Bn | - |
| 3 | Cardinal Health | 53.81 Bn | 49.87 Bn | 2.50 Bn | - |
| 4 | Henry Schein | 9.71 Bn | 9.57 Bn | 1.07 Bn | - |
| 5 | Akso Health | 3.28 Bn | 3.28 Bn | - | - |
| 6 | 111 | 651.73 Mn | 572.63 Mn | 23.58 Mn | -8.97 Mn |
| 7 | Accendra Health | 248.02 Mn | -88.86 Mn | 278.03 Mn | - |
| 8 | Edap Tms | 230.14 Mn | 215.14 Mn | 8.15 Mn | 2.60 Mn |
| 9 | VitaNova Life Sciences | 11.51 Mn | 11.01 Mn | 316,343.00 | - |
| 10 | Cosmos Health | 9.57 Mn | 7.41 Mn | 1.38 Mn | 19,352.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | 9.27 Mn |
| Mar 31, 2019 | -29.42 Mn |
| Dec 31, 2018 | 7.18 Mn |
| Sep 30, 2018 | 11.75 Mn |
| Jun 30, 2018 | 11.67 Mn |
| Mar 31, 2018 | 3.50 Mn |
| Dec 31, 2017 | 5.48 Mn |
| Sep 30, 2017 | 3.69 Mn |
| Jun 30, 2017 | 2.57 Mn |