Mainz Biomed N.V (MYNZ) Research & Development: 2022-2023
Historic Research & Development for Mainz Biomed N.V (MYNZ) over the last 2 years, with Dec 2023 value amounting to $2.0 million.
- Mainz Biomed N.V's Research & Development fell 39.73% to $2.0 million in Q4 2023 from the same period last year, while for Dec 2023 it was $10.0 million, marking a year-over-year increase of 98.39%. This contributed to the annual value of $5.8 million for FY2024, which is 39.12% down from last year.
- As of Q4 2023, Mainz Biomed N.V's Research & Development stood at $2.0 million, which was up 7.79% from $1.9 million recorded in Q3 2023.
- Over the past 5 years, Mainz Biomed N.V's Research & Development peaked at $3.5 million during Q2 2023, and registered a low of $229,916 during Q2 2022.
- Over the past 2 years, Mainz Biomed N.V's median Research & Development value was $1.9 million (recorded in 2023), while the average stood at $1.9 million.
- Examining YoY changes over the last 5 years, Mainz Biomed N.V's Research & Development showed a top increase of 1,412.99% in 2023 and a maximum decrease of 39.73% in 2023.
- Quarterly analysis of 2 years shows Mainz Biomed N.V's Research & Development stood at $3.3 million in 2022, then crashed by 39.73% to $2.0 million in 2023.
- Its Research & Development was $2.0 million in Q4 2023, compared to $1.9 million in Q3 2023 and $3.5 million in Q2 2023.