BTC Digital (BTCT) Research & Development (2018 - 2021)
BTC Digital (BTCT) reported Research & Development of -$515000.0 for Q2 2021, up 55.49% on a YoY basis from -$331214.6 in Q2 2020, and up 19.66% quarter-over-quarter from -$641000.0 in Q1 2021.
BTC Digital (BTCT) Research & Development (2018 - 2021) Analysis & Trends
BTC Digital has reported Research & Development for 4 years, with the latest figure at -$515000.0 in Q2 2021.
- For the quarter ending Q2 2021, Research & Development rose 55.49% year-over-year to -$515000.0; the trailing twelve-month figure through Jun 2021 stood at -$3.7 million (up 46.81% YoY), and the FY2021 full-year result was $2.9 million, down 40.87% from the prior year.
- Research & Development for Q2 2021 stood at -$515000.0, up from -$641000.0 in the prior quarter.
- The five-year high for Research & Development was -$515000.0 in Q2 2021, with the low at -$3.8 million in Q4 2018.
- Historically, Research & Development has averaged -$1.6 million across 4 years, with a median of -$1.1 million in 2019.
- The largest YoY upside for Research & Development was 56.43% in 2020 against a maximum downside of 13.83% in 2020.
- BTC Digital's Research & Development stood at -$3.8 million in 2018, then increased 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.
- The last three Research & Development figures came in at -$515000.0 (Q2 2021), -$641000.0 (Q1 2021), and -$1.6 million (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 797.00 Mn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 337.00 Mn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 343.70 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 194.00 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 294.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 215.66 Mn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 243.16 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 432.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 125.74 Mn |
| 10 | BTC Digital | 8.88 Mn | 5.09 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |