Rythm (RYM) Research & Development (2020 - 2024)
Rythm's Research & Development came in at $115,000 for Q4 2024, down 73.3% from $431,000 a year earlier and down 31.5% from the prior quarter.
Analysis
Rythm (RYM) Research & Development (2020 - 2024) Analysis & Trends
For FY2024, Rythm's Research & Development was $743,000, down 67.6% from FY2023.
- Research & Development carries a four-year compound annual growth rate of -31.4% (FY2020 to FY2024).
- Going back by year, Research & Development was $2.3 million in FY2023 (-71.9%), $8.18 million in FY2022 (+108.4%), $3.93 million in FY2021 (+17.0%) and $3.35 million in FY2020.
- The Q4 2024 figure represents the lowest quarterly Research & Development in data going back to Q1 2020.
- Year-over-year, Research & Development has declined for eight consecutive quarters, with an average decline of 70.1% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q2 2022 (growth of 215.0%), and the weakest in Q4 2023 (a decline of 77.4%).
- Business Quant data shows RYM's Research & Development at $168,000 (Q3 2024), $185,000 (Q2 2024) and $275,000 (Q1 2024) in the three quarters before Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | - |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | - |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | -4.33 Mn |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | - |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | - |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 1.22 Mn |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | - |
| 10 | Rythm | 46.08 Mn | -96.89 Mn | 18.54 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 115,000.00 |
| Sep 30, 2024 | 168,000.00 |
| Jun 30, 2024 | 185,000.00 |
| Mar 31, 2024 | 275,000.00 |
| Dec 31, 2023 | 431,000.00 |
| Sep 30, 2023 | 486,000.00 |
| Jun 30, 2023 | 643,000.00 |
| Mar 31, 2023 | 735,000.00 |
| Dec 31, 2022 | 1.91 Mn |
| Sep 30, 2022 | 1.75 Mn |
| Jun 30, 2022 | 2.44 Mn |
| Mar 31, 2022 | 2.08 Mn |
| Dec 31, 2021 | 1.44 Mn |
| Sep 30, 2021 | 827,000.00 |
| Jun 30, 2021 | 774,000.00 |
| Mar 31, 2021 | 882,000.00 |
| Dec 31, 2020 | 962,000.00 |
| Sep 30, 2020 | 449,000.00 |
| Jun 30, 2020 | 743,000.00 |
| Mar 31, 2020 | 1.20 Mn |
API Access
Rythm Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=RYM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "RYM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=RYM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();