Akso Health (AHG) Research & Development (2017 - 2019)
Akso Health's (AHG) quarterly Research & Development came in at $9.3 million in Q3 2019, down 21.14% YoY 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 3 years of Research & Development data on file, last reported at $9.3 million 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 improved to $9.3 million in Q3 2019, from -$29.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $11.7 million in Q3 2018 to a low of -$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 soared 354.15% — and 2019, when it plunged 941.39%.
- Tracing AHG's Research & Development over 3 years: stood at $5.5 million in 2017, then surged by 30.84% to $7.2 million in 2018, then gained by 29.13% to $9.3 million in 2019.
- The last three Research & Development figures came in at $9.3 million (Q3 2019), -$29.4 million (Q1 2019), and $7.2 million (Q4 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 102.57 Bn | 97.41 Bn | 3.69 Bn | - |
| 2 | Cencora | 61.35 Bn | 58.53 Bn | 3.61 Bn | - |
| 3 | Cardinal Health | 54.15 Bn | 49.30 Bn | 2.56 Bn | - |
| 4 | Henry Schein | 10.05 Bn | 9.89 Bn | 1.10 Bn | - |
| 5 | Akso Health | 671.90 Mn | 671.70 Mn | - | - |
| 6 | Edap Tms | 154.62 Mn | 133.07 Mn | 7.34 Mn | 7.54 Mn |
| 7 | Accendra Health | 90.69 Mn | 83.04 Mn | 263.41 Mn | - |
| 8 | 111 | 31.31 Mn | -27.44 Mn | 18.18 Mn | -8.41 Mn |
| 9 | Cosmos Health | 13.28 Mn | 10.84 Mn | 1.51 Mn | 98,226.00 |
| 10 | VitaNova Life Sciences | 11.51 Mn | 9.91 Mn | 264,662.00 | - |
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 |