Growth Metrics

Mainz Biomed N.V (MYNZ) Research & Development: 2019-2024

Historic Research & Development for Mainz Biomed N.V (MYNZ) over the last 6 years, with Dec 2024 value amounting to $5.8 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 FY2024, Mainz Biomed N.V's Research & Development stood at $5.8 million, which was down 39.12% from $9.6 million recorded in FY2023.
  • Mainz Biomed N.V's 5-year Research & Development high stood at $9.6 million for FY2023, and its period low was $311,851 during FY2020.
  • Its 3-year average for Research & Development is $6.8 million, with a median of $5.8 million in 2024.
  • In the last 5 years, Mainz Biomed N.V's Research & Development spiked by 941.50% in 2022 and then crashed by 39.12% in 2024.
  • Mainz Biomed N.V's Research & Development (Yearly) stood at $311,851 in 2020, then surged by 54.54% to $481,934 in 2021, then skyrocketed by 941.50% to $5.0 million in 2022, then skyrocketed by 91.07% to $9.6 million in 2023, then crashed by 39.12% to $5.8 million in 2024.