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
DateValue
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