NaturalShrimp R&D Spending Growth & History (SHMP)
NaturalShrimp's r&d spending was $190,855 for fiscal 2023.
View full NaturalShrimp company overviewNaturalShrimp annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-03-31 | $190,855 | −$217,019 | −53.21% |
| 2022 | 2022-03-31 | $407,874 | $328,324 | +412.73% |
| 2021 | 2021-03-31 | $79,550 | −$73,700 | −48.09% |
| 2020 | 2020-03-31 | $153,250 | $153,250 | — |
| 2019 | 2019-03-31 | $0 | — | — |
| 2013 | 2013-03-31 | $15,000 | — | — |
| 2011 | 2011-03-31 | $328,997 | — | — |
NaturalShrimp quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q4 2023 | 2023-03-31 | $0 | −$190,645 | — |
| Q3 2023 | 2022-12-31 | $14,212 | −$6,145 | −30.19% |
| Q2 2023 | 2022-09-30 | $4,000 | −$192,872 | −97.97% |
| Q1 2023 | 2022-06-30 | $172,643 | $172,643 | — |
| Q4 2022 | 2022-03-31 | $190,645 | $190,645 | — |
| Q3 2022 | 2021-12-31 | $20,357 | $20,357 | — |
| Q2 2022 | 2021-09-30 | $196,872 | $117,322 | +147.48% |
| Q1 2022 | 2021-06-30 | $0 | $0 | — |
| Q4 2021 | 2021-03-31 | $0 | — | — |
| Q3 2021 | 2020-12-31 | $0 | −$101,500 | — |
| Q2 2021 | 2020-09-30 | $79,550 | $79,550 | — |
| Q1 2021 | 2020-06-30 | $0 | — | — |
| Q3 2020 | 2019-12-31 | $101,500 | $101,500 | — |
| Q2 2020 | 2019-09-30 | $0 | — | — |
| Q3 2019 | 2018-12-31 | $0 | — | — |
| Q3 2012 | 2011-12-31 | $0 | −$328,997 | — |
| Q2 2012 | 2011-09-30 | $2,704 | — | — |
| Q3 2011 | 2010-12-31 | $328,997 | — | — |
NaturalShrimp r&d spending trends
Between the periods ended 2011-03-31 and 2023-03-31, NaturalShrimp's r&d spending decreased from $328,997 to $190,855, a change of −$138,142. The latest reported quarter, Q4 2023, shows $0.
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.
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.
Review NaturalShrimp source filings ↗