Poxel annual r&d spending
2020
2021
2022
2023
2024
Poxel R&D Spending Growth & History (POXEL)
Poxel's r&d spending was €1.0M for fiscal 2024.
View full Poxel company overviewPoxel annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | €1.0M | −€20.0M | −95.22% |
| 2023 | 2023-12-31 | €21.0M | €7.0M | +50.31% |
| 2022 | 2022-12-31 | €13.9M | −€13.5M | −49.27% |
| 2021 | 2021-12-31 | €27.5M | −€1.7M | −5.96% |
| 2020 | 2020-12-31 | €29.2M | — | — |
Poxel r&d spending trends
Between the periods ended 2020-12-31 and 2024-12-31, Poxel's r&d spending decreased from €29.2M to €1.0M, a change of −€28.2M.
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
reported R&D expense
TickerStat standardizes research and development expense reported in company official filings, including the software-specific standardized 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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