TON Strategy (TONX) Research & Development (2014 - 2023)
TON Strategy (TONX) posted Research & Development of $648000.0 for Q1 2023, down 24.12% on a QoQ basis from $854000.0 in Q4 2022, and down 58.99% year-over-year from $1.6 million in Q1 2022.
TON Strategy (TONX) Research & Development (2014 - 2023) Analysis & Trends
TON Strategy's Research & Development history runs 10 years deep, the most recent figure standing at $648000.0 for Q1 2023.
- Quarterly Research & Development fell 58.99% year-over-year to $648000.0 in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $4.3 million (down 61.45% YoY) and the FY2022 annual result came in at $5.2 million, down 57.97% from the prior year.
- Research & Development was $648000.0 for Q1 2023 at TON Strategy, down from $854000.0 in the prior quarter.
- Across five years, Research & Development topped out at $3.5 million in Q3 2021 and bottomed at $564000.0 in Q1 2019.
- A 5-year average of $1.8 million and a median of $1.4 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2019 — Research & Development soared 1171.43% — and 2022, when it slumped 68.78%.
- TON Strategy's Research & Development stood at $1.2 million in 2019, then soared by 118.93% to $2.6 million in 2020, then advanced by 4.19% to $2.7 million in 2021, then slumped by 68.78% to $854000.0 in 2022, then dropped by 24.12% to $648000.0 in 2023.
- Business Quant data shows TONX's Research & Development at $648000.0 in Q1 2023, $854000.0 in Q4 2022, and $1.4 million in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | TON Strategy | 42,108.45 | -35.09 Mn | 3.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 648,000.00 |
| Dec 31, 2022 | 854,000.00 |
| Sep 30, 2022 | 1.37 Mn |
| Jun 30, 2022 | 1.38 Mn |
| Mar 31, 2022 | 1.58 Mn |
| Dec 31, 2021 | 2.74 Mn |
| Sep 30, 2021 | 3.51 Mn |
| Jun 30, 2021 | 3.21 Mn |
| Mar 31, 2021 | 2.88 Mn |
| Dec 31, 2020 | 2.63 Mn |
| Sep 30, 2020 | 2.41 Mn |
| Jun 30, 2020 | 1.63 Mn |
| Mar 31, 2020 | 1.27 Mn |
| Dec 31, 2019 | 1.20 Mn |
| Sep 30, 2019 | 1.21 Mn |
| Jun 30, 2019 | 1.34 Mn |
| Mar 31, 2019 | 564,000.00 |
| Dec 31, 2018 | 542,000.00 |
| Sep 30, 2018 | 202,000.00 |
| Jun 30, 2018 | 105,000.00 |