Akso Health Group R&D Spending Growth & History (AHG)

Akso Health Group's r&d spending was $421,186 for fiscal 2022.

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Akso Health Group annual r&d spending history

Akso Health Group annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20222022-03-31$421,186−$20,219−4.58%
20212021-03-31$441,405$323,463+274.26%
20202020-03-31$117,942−$1.0M−89.76%
20192019-03-31$1.2M−$1.7M−59.13%
20182018-03-31$2.8M$1.2M+79.69%
20172017-03-31$1.6M$671,745+74.97%
20162016-03-31$895,993

Akso Health Group r&d spending trends

Over the last five fiscal years, Akso Health Group's r&d spending decreased from $1.6M to $421,186, a change of −$1.1M.

About the metric

What research and development spending means

Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.

Calculation and source

SEC-reported R&D expense

TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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