TurnOnGreen (TOGI) Research & Development (2021 - 2024)
TurnOnGreen's (TOGI) quarterly Research & Development came in at $97000.0 in Q3 2024, little changed year-on-year from $97000.0 in Q4 2023, and down 4.9% quarter-over-quarter from $102000.0 in Q2 2024.
TurnOnGreen (TOGI) Research & Development (2021 - 2024) Analysis & Trends
TurnOnGreen has disclosed Research & Development across 4 years of filings, most recently posting $97000.0 for Q3 2024.
- Research & Development for Q3 2024 came in at $97000.0, changed 0.0% year-over-year; the trailing twelve-month figure through Sep 2024 was $424000.0 (up 0.95% YoY), and the FY2023 annual result was $418000.0, down 40.03% from the prior year.
- Research & Development came in at $97000.0 for Q3 2024 at TurnOnGreen, down from $102000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $304000.0 in Q2 2022 to a low of $71000.0 in Q3 2022.
- The 4-year median for Research & Development is $111000.0 (2024), against an average of $125615.4.
- Peak annual rise in Research & Development reached 36.62% in 2023, while the deepest fall reached 71.05% in 2023.
- TurnOnGreen's Research & Development stood at $136000.0 in 2021, then declined by 14.71% to $116000.0 in 2022, then slipped by 1.72% to $114000.0 in 2023, then retreated by 14.91% to $97000.0 in 2024.
- The last three Research & Development figures came in at $97000.0 (Q3 2024), $102000.0 (Q2 2024), and $111000.0 (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 56.85 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 22.70 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 62.40 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 4.29 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 10.94 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | TurnOnGreen | - | - | 813,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 97,000.00 |
| Jun 30, 2024 | 102,000.00 |
| Mar 31, 2024 | 111,000.00 |
| Dec 31, 2023 | 114,000.00 |
| Sep 30, 2023 | 97,000.00 |
| Jun 30, 2023 | 88,000.00 |
| Mar 31, 2023 | 119,000.00 |
| Dec 31, 2022 | 116,000.00 |
| Sep 30, 2022 | 71,000.00 |
| Jun 30, 2022 | 304,000.00 |
| Mar 31, 2022 | 206,000.00 |
| Dec 31, 2021 | 136,000.00 |
| Sep 30, 2021 | 72,000.00 |