BitVentures (BVC) Research & Development (2020 - 2023)

BitVentures (BVC) has 4 years of Research & Development data on file, last reported at $19.6 million in Q2 2023.

• On a quarterly basis, Research & Development fell 7.51% year-over-year to $19.6 million in Q2 2023; TTM through Jun 2023 was $65.0 million, a 19.53% increase from a year earlier, with the FY2025 full-year figure at $530000.0, down 83.07% from the prior year.
• Research & Development for Q2 2023 stood at $19.6 million, down from $21.2 million in the prior quarter.
• Over the last five years, Research & Development for BVC reached as high as $21.2 million in Q2 2022 and fell as low as $8.9 million in Q1 2020.
• Historically, Research & Development has averaged $13.8 million across 4 years, with a median of $12.1 million in 2021.
• Across the five-year window, Research & Development surged 70.98% in 2022 and decreased 7.51% in 2023, its largest moves.
• Year by year, Research & Development stood at $9.0 million in 2020, then surged by 37.72% to $12.4 million in 2021, then soared by 70.98% to $21.2 million in 2022, then fell by 7.51% to $19.6 million in 2023.
• Per Business Quant data, the three most recent Research & Development figures were $19.6 million in Q2 2023, $21.2 million in Q2 2022, and $12.4 million in Q2 2021.