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
DateValue
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