SRX Global (SRXH) Research & Development (2019 - 2021)
SRX Global (SRXH) posted Research & Development of $4.0 million for Q3 2021, up 24.2% on a QoQ basis from $3.2 million in Q2 2021, and up 51.62% year-over-year from $2.6 million in Q3 2020.
SRX Global (SRXH) Research & Development (2019 - 2021) Analysis & Trends
SRX Global's Research & Development history runs 3 years deep, the most recent figure standing at $4.0 million for 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 was $4.0 million for Q3 2021 at SRX Global, up from $3.2 million in the prior quarter.
- Across five years, Research & Development topped out at $4.0 million in Q3 2021 and bottomed at $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 slumped 39.83% — and 2021, when it soared 57.57%.
- SRX Global's Research & Development stood at $1.7 million in 2019, then plunged by 38.02% to $1.0 million in 2020, then soared by 284.5% to $4.0 million in 2021.
- Business Quant data shows SRXH's Research & Development at $4.0 million in Q3 2021, $3.2 million in Q2 2021, and $2.3 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | - |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | - |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | - |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | - |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | - |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | - |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | - |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | - |
| 10 | SRX Global | 7,587.00 | 7,587.00 | - | - |
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 |