Marvion Inc. (MVNC) Research & Development (2011 - 2024)
Marvion's (MVNC) quarterly Research & Development came in at $249000.0 in Q2 2024, down 85.87% YoY from $1.8 million in Q3 2023, and down 97.64% on a QoQ basis from $10.5 million in Q4 2023.
Marvion Inc. (MVNC) Research & Development (2011 - 2024) Analysis & Trends
Marvion (MVNC) has 8 years of Research & Development data on file, last reported at $249000.0 in Q2 2024.
- Quarterly Research & Development fell 85.87% year-over-year to $249000.0 in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $10.8 million (down 42.17% YoY) and the FY2023 annual result came in at $21.0 million, up 133.59% from the prior year.
- Research & Development slipped to $249000.0 in Q2 2024, from $10.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $10.5 million in Q4 2023 to a low of -$201697.0 in Q4 2020.
- A 5-year average of $3.0 million and a median of $191564.5 in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development soared 6863.62% — and 2024, when it tumbled 85.87%.
- Tracing MVNC's Research & Development over 5 years: stood at -$201697.0 in 2020, then surged by 161.55% to $124148.0 in 2021, then soared by 6863.62% to $8.6 million in 2022, then rose by 21.94% to $10.5 million in 2023, then plunged by 97.64% to $249000.0 in 2024.
- The last three Research & Development figures came in at $249000.0 (Q2 2024), $10.5 million (Q4 2023), and $1.8 million (Q2 2023), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 249,000.00 |
| Dec 31, 2023 | 10.54 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Mar 31, 2023 | 134,129.00 |
| Dec 31, 2022 | 8.65 Mn |
| Sep 30, 2022 | 8.12 Mn |
| Jun 30, 2022 | 72,870.00 |
| Mar 31, 2022 | 66,866.00 |
| Dec 31, 2021 | 124,148.00 |
| Dec 31, 2020 | -201,697.00 |
| Mar 31, 2013 | 57,611.00 |
| Dec 31, 2012 | 123,402.00 |
| Sep 30, 2012 | 20,684.00 |
| Jun 30, 2012 | -1,912.00 |
| Mar 31, 2012 | 10,972.00 |
| Dec 31, 2011 | 29,279.00 |
| Sep 30, 2011 | 27,701.00 |
| Jun 30, 2011 | 95,342.00 |
| Mar 31, 2011 | 11,440.00 |