MicroCloud Hologram Inc. (HOLOW) Research & Development (2021 - 2023)
MicroCloud Hologram (HOLOW) posted Research & Development of -$11.3 million for Q2 2023, down 373.94% sequentially from $4.1 million in Q1 2023.
MicroCloud Hologram Inc. (HOLOW) Research & Development (2021 - 2023) Analysis & Trends
MicroCloud Hologram has reported Research & Development for 3 years, with the latest figure at -$11.3 million in Q2 2023.
- Quarterly Research & Development changed N/A year-over-year to -$11.3 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $28.8 million (changed N/A YoY) and the FY2025 annual result came in at $8.0 million, down 67.43% from the prior year.
- Research & Development fell to -$11.3 million in Q2 2023 per HOLOW's latest filing, from $4.1 million in the prior quarter.
- Over five years, Research & Development peaked at $29.0 million in Q4 2022 and troughed at -$11.3 million in Q2 2023.
- A 3-year average of $6.2 million and a median of $4.8 million in 2021 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 500.5% in 2022, then slumped 37.33% in 2023.
- Over 3 years, Research & Development stood at $4.8 million in 2021, then surged by 500.5% to $29.0 million in 2022, then slumped by 138.76% to -$11.3 million in 2023.
- According to Business Quant data, Research & Development over the past three periods registered -$11.3 million, $4.1 million, and $29.0 million for Q2 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -11.25 Mn |
| Mar 31, 2023 | 4.11 Mn |
| Dec 31, 2022 | 29.03 Mn |
| Sep 30, 2022 | 6.89 Mn |
| Mar 31, 2022 | 6.55 Mn |
| Dec 31, 2021 | 4.83 Mn |
| Sep 30, 2021 | 3.02 Mn |