SRX Global (SRXH) Research & Development (2019 - 2021)
SRX Global's (SRXH) quarterly Research & Development came in at $4.0 million in Q3 2021, up 51.62% YoY from $2.6 million in Q3 2020, and up 24.2% on a QoQ basis from $3.2 million in Q2 2021.
SRX Global (SRXH) Research & Development (2019 - 2021) Analysis & Trends
SRX Global (SRXH) has 3 years of Research & Development data on file, last reported at $4.0 million in Q3 2021.
- Quarterly Research & Development rose 51.62% year-over-year to $4.0 million in Q3 2021, while the trailing twelve-month figure through Sep 2021 was $10.6 million (up 27.38% YoY) and the FY2020 annual result came in at $7.9 million, down 22.15% from the prior year.
- Research & Development climbed to $4.0 million in Q3 2021, from $3.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $4.0 million in Q3 2021 to a low of $1.0 million in Q4 2020.
- A 3-year average of $2.5 million and a median of $2.3 million in 2021 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2020 — Research & Development tumbled 39.83% — and 2021, when it soared 57.57%.
- Tracing SRXH's Research & Development over 3 years: stood at $1.7 million in 2019, then slumped by 38.02% to $1.0 million in 2020, then jumped by 284.5% to $4.0 million in 2021.
- The last three Research & Development figures came in at $4.0 million (Q3 2021), $3.2 million (Q2 2021), and $2.3 million (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | - |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | - |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | - |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | - |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | - |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | - |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | - |
| 10 | SRX Global | 1.04 Mn | 1.04 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 4.02 Mn |
| Jun 30, 2021 | 3.24 Mn |
| Mar 31, 2021 | 2.34 Mn |
| Dec 31, 2020 | 1.05 Mn |
| Sep 30, 2020 | 2.65 Mn |
| Jun 30, 2020 | 2.05 Mn |
| Mar 31, 2020 | 1.96 Mn |
| Dec 31, 2019 | 1.69 Mn |
| Sep 30, 2019 | 2.86 Mn |
| Jun 30, 2019 | 3.41 Mn |
| Mar 31, 2019 | 2.19 Mn |