Family Office Of America (FOFA) Research & Development (2021 - 2023)

Family Office Of America (FOFA) reported Research & Development of $1500.0 for Q1 2023, down 87.67% on a YoY basis from $12167.0 in Q1 2022, and down 93.51% sequentially from $23100.0 in Q4 2022.

Family Office Of America (FOFA) Research & Development (2021 - 2023) Analysis & Trends

Family Office Of America (FOFA) has 3 years of Research & Development data on file, last reported at $1500.0 in Q1 2023.

  • For the quarter ending Q1 2023, Research & Development fell 87.67% year-over-year to $1500.0; the trailing twelve-month figure through Dec 2023 stood at $1500.0 (down 98.14% YoY), and the FY2023 full-year result was $1500.0, down 98.04% from the prior year.
  • Research & Development declined to $1500.0 in Q1 2023, from $23100.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $128479.0 in Q2 2021 to a low of $1500.0 in Q1 2023.
  • A 3-year average of $65333.1 and a median of $45418.0 in 2022 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development sank 64.65% in 2022 and sank 87.67% in 2023, its largest moves.
  • Tracing FOFA's Research & Development over 3 years: stood at $124734.0 in 2021, then slumped by 81.48% to $23100.0 in 2022, then tumbled by 93.51% to $1500.0 in 2023.
  • Business Quant data shows FOFA's Research & Development at $1500.0 in Q1 2023, $23100.0 in Q4 2022, and $45418.0 in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 767.00 Mn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 413.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 671.00 Mn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 516.00 Mn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 263.30 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 145.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -461.27 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 345.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Family Office Of America 27.22 Mn 26.88 Mn 783,126.00 -

Historic Data

Download Data
DateValue
Mar 31, 2023 1,500.00
Dec 31, 2022 23,100.00
Jun 30, 2022 45,418.00
Mar 31, 2022 12,167.00
Dec 31, 2021 124,734.00
Sep 30, 2021 121,934.00
Jun 30, 2021 128,479.00