BTC Digital (BTCT) Research & Development (2018 - 2021)

BTC Digital (BTCT) posted Research & Development of -$515000.0 for Q2 2021, up 19.66% quarter-over-quarter from -$641000.0 in Q1 2021, and up 55.49% year-on-year from -$331214.6 in Q2 2020.

BTC Digital (BTCT) Research & Development (2018 - 2021) Analysis & Trends

BTC Digital (BTCT) has reported Research & Development for 4 consecutive years, with -$515000.0 the latest figure, recorded in Q2 2021.

  • Research & Development for Q2 2021 came in at -$515000.0, up 55.49% year-over-year; the trailing twelve-month figure through Jun 2021 was -$3.7 million (up 46.81% YoY), and the FY2021 annual result was $2.9 million, down 40.87% from the prior year.
  • Research & Development was -$515000.0 for Q2 2021 at BTC Digital, up from -$641000.0 in the prior quarter.
  • Over five years, Research & Development peaked at -$515000.0 in Q2 2021 and troughed at -$3.8 million in Q4 2018.
  • Average Research & Development over 4 years is -$1.6 million, with a median of -$1.1 million recorded in 2019.
  • The widest YoY moves for Research & Development: up 56.43% in 2020, down 13.83% in 2020.
  • Over 4 years, Research & Development stood at -$3.8 million in 2018, then advanced by 4.95% to -$3.6 million in 2019, then jumped by 56.43% to -$1.6 million in 2020, then surged by 67.15% to -$515000.0 in 2021.
  • Per Business Quant data, the three most recent Research & Development figures were -$515000.0 in Q2 2021, -$641000.0 in Q1 2021, and -$1.6 million in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 337.00 Mn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 983.00 Mn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 343.70 Mn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 294.00 Mn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 194.00 Mn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 259.09 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 432.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 215.66 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 87.07 Mn
10 BTC Digital 7.81 Mn 4.02 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2021 -515,000.00
Mar 31, 2021 -641,000.00
Dec 31, 2020 -1.57 Mn
Sep 30, 2020 -929,000.00
Aug 31, 2020 -2.16 Mn
Jun 30, 2020 -1.16 Mn
Mar 31, 2020 -989,000.00
Dec 31, 2019 -3.60 Mn
Sep 30, 2019 -1.12 Mn
Jun 30, 2019 -1.71 Mn
Mar 31, 2019 -868,821.17
Dec 31, 2018 -3.79 Mn