Taoping (TAOP) Research & Development: 2011-2024
Historic Research & Development for Taoping (TAOP) over the last 13 years, with Dec 2024 value amounting to $2.4 million.
- Taoping's Research & Development was N/A to $1.1 million in Q4 2018 from the same period last year, while for Dec 2018 it was $4.8 million, marking a year-over-year change of. This contributed to the annual value of $2.4 million for FY2024, which is 18.30% down from last year.
- Latest data reveals that Taoping reported Research & Development of $2.4 million as of FY2024, which was down 18.30% from $3.0 million recorded in FY2023.
- Taoping's Research & Development's 5-year high stood at $4.5 million during FY2021, with a 5-year trough of $2.4 million in FY2024.
- Its 3-year average for Research & Development is $3.0 million, with a median of $3.0 million in 2023.
- Per our database at Business Quant, Taoping's Research & Development increased by 15.17% in 2021 and then declined by 19.48% in 2022.
- Yearly analysis of 5 years shows Taoping's Research & Development stood at $3.9 million in 2020, then climbed by 15.17% to $4.5 million in 2021, then decreased by 19.48% to $3.6 million in 2022, then declined by 17.73% to $3.0 million in 2023, then declined by 18.30% to $2.4 million in 2024.