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
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