TON Strategy (TONX) Research & Development (2014 - 2023)
TON Strategy's (TONX) quarterly Research & Development came in at $648000.0 in Q1 2023, down 58.99% YoY from $1.6 million in Q1 2022, and down 24.12% on a QoQ basis from $854000.0 in Q4 2022.
TON Strategy (TONX) Research & Development (2014 - 2023) Analysis & Trends
TON Strategy (TONX) has 10 years of Research & Development data on file, last reported at $648000.0 in 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 slipped to $648000.0 in Q1 2023, from $854000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.5 million in Q3 2021 to a low of $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 tumbled 68.78%.
- Tracing TONX's Research & Development over 5 years: stood at $1.2 million in 2019, then jumped by 118.93% to $2.6 million in 2020, then rose by 4.19% to $2.7 million in 2021, then plunged by 68.78% to $854000.0 in 2022, then decreased by 24.12% to $648000.0 in 2023.
- The last three Research & Development figures came in at $648000.0 (Q1 2023), $854000.0 (Q4 2022), and $1.4 million (Q3 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | TON Strategy | 152.07 Mn | 152.04 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 |