Tego Cyber, Inc. (TGCB) Operating Expenses (2019 - 2024)
Tego Cyber's Operating Expenses was $695,686 in fiscal Q3 2024 (quarter ended Mar 31, 2024), down 73.5% from $2.63 million a year earlier and down 31.4% from the prior quarter.
Tego Cyber, Inc. (TGCB) Operating Expenses (2019 - 2024) Analysis & Trends
On a trailing twelve-month basis, Tego Cyber's Operating Expenses was $3.78 million through Mar 31, 2024, down 36.2% year-over-year; for FY2023 (ended Jun 30, 2023), it was $5.83 million, up 89.0% from FY2022.
- Operating Expenses has now increased for three consecutive fiscal years, with a three-year compound annual growth rate of 318.5% (FY2020 to FY2023).
- In earlier fiscal years, Operating Expenses was $3.09 million in FY2022 (+357.1%), $674,918 in FY2021 (+748.7%) and $79,527 in FY2020.
- The fiscal Q3 2024 figure marks the lowest quarterly Operating Expenses since fiscal Q2 2022.
- Compared with a year earlier, Operating Expenses was higher in five of the last eight quarters, with growth averaging 68.3%.
- The best year-over-year quarter for Operating Expenses over five years was fiscal Q4 2021 (growth of 821.4%); the worst was fiscal Q3 2024 (a decline of 73.5%).
- Per Business Quant data, TGCB's Operating Expenses in the three fiscal quarters before Q3 2024 was $1.01 million (Q2 2024), $937,489 (Q1 2024) and $1.13 million (Q4 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 695,686.00 |
| Dec 31, 2023 | 1.01 Mn |
| Sep 30, 2023 | 937,489.00 |
| Jun 30, 2023 | 1.13 Mn |
| Mar 31, 2023 | 2.63 Mn |
| Dec 31, 2022 | 983,129.00 |
| Sep 30, 2022 | 1.13 Mn |
| Jun 30, 2022 | 1.18 Mn |
| Mar 31, 2022 | 934,716.00 |
| Dec 31, 2021 | 528,153.00 |
| Sep 30, 2021 | 442,997.00 |
| Jun 30, 2021 | 372,632.00 |
| Mar 31, 2021 | 125,735.00 |
| Dec 31, 2020 | 95,891.00 |
| Sep 30, 2020 | 80,662.00 |
| Mar 31, 2020 | 12,511.00 |
| Dec 31, 2019 | 25,850.00 |
Tego Cyber, Inc. Operating Expenses 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=operating-expenses&ticker=TGCB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TGCB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TGCB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();