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Marvion (MVNC) Research & Development (2021 - 2024)

Marvion's Research & Development history spans 4 years, with the latest figure at $249000.0 for Q2 2024.

  • For Q2 2024, Research & Development fell 96.75% year-over-year to $249000.0; the TTM value through Jun 2024 reached -$3.4 million, down 113.84%, while the annual FY2023 figure was $4.1 million, 54.55% down from the prior year.
  • Research & Development reached $249000.0 in Q2 2024 per MVNC's latest filing, up from $26978.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $8.8 million in Q4 2022 to a low of -$6.4 million in Q4 2023.
  • Average Research & Development over 4 years is $2.0 million, with a median of $134129.0 recorded in 2023.
  • The largest YoY upside for Research & Development was 10401.91% in 2023 against a maximum downside of 172.71% in 2023.
  • A 4-year view of Research & Development shows it stood at $124148.0 in 2021, then soared by 6987.71% to $8.8 million in 2022, then tumbled by 172.71% to -$6.4 million in 2023, then soared by 103.89% to $249000.0 in 2024.
  • Per Business Quant, the three most recent readings for MVNC's Research & Development are $249000.0 (Q2 2024), $26978.0 (Q1 2024), and -$6.4 million (Q4 2023).