Ci&T (CINT) Research & Development (2020 - 2023)
Ci&T's (CINT) quarterly Research & Development came in at -$493575.9 in Q1 2023, down 87.19% year-over-year from -$3.9 million in Q1 2022, and down 87.19% quarter-over-quarter from -$263669.7 in Q1 2022.
Analysis
Ci&T (CINT) Research & Development (2020 - 2023) Analysis & Trends
Ci&T has disclosed Research & Development across 4 years of filings, most recently posting -$493575.9 for Q1 2023.
- In Q1 2023, Research & Development fell 87.19% year-over-year to -$493575.9; the TTM figure through Mar 2023 stood at -$757245.6 (down 187.19% YoY), while the FY2021 annual figure was -$717.13, down 100.11% from the prior year.
- Research & Development came in at -$493575.9 for Q1 2023 at Ci&T, down from -$263669.7 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.1 million in Q4 2020 to a low of -$493575.9 in Q1 2023.
- Average Research & Development over 4 years is $49209.0, with a median of -$128441.5 recorded in 2020.
- Year-over-year, Research & Development tumbled 35881.29% in 2022 and plunged 87.19% in 2023.
- Over 4 years, Research & Development stood at $1.1 million in 2020, then plunged by 100.06% to -$732.8 in 2021, then plunged by 35881.29% to -$263669.7 in 2022, then sank by 87.19% to -$493575.9 in 2023.
- Per Business Quant data, the three most recent Research & Development figures were -$493575.9 in Q1 2023, -$263669.7 in Q1 2022, and -$732.8 in Q1 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 45.76 Bn | 45.76 Bn | 1.60 Bn | 270.00 Mn |
| 2 | Cognizant Technology Solutions | 27.98 Bn | 26.93 Bn | 1.83 Bn | - |
| 3 | Cgi | 15.74 Bn | 15.16 Bn | - | - |
| 4 | EPAM Systems | 6.02 Bn | 5.23 Bn | 429.57 Mn | - |
| 5 | Science Applications International | 5.41 Bn | 5.29 Bn | 239.00 Mn | - |
| 6 | ExlService Holdings | 5.41 Bn | 5.13 Bn | 225.96 Mn | 49.63 Mn |
| 7 | Kyndryl Holdings | 2.82 Bn | 704.96 Mn | 776.00 Mn | - |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 5.75 Mn |
| 9 | Innodata | 1.88 Bn | 1.63 Bn | 42.46 Mn | - |
| 10 | Ci&T | 413.39 Mn | 359.96 Mn | 44.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | -493,575.85 |
| Mar 31, 2022 | -263,669.72 |
| Mar 31, 2021 | -732.80 |
| Dec 31, 2020 | 1.13 Mn |
| Sep 30, 2020 | -128,441.49 |