NaturalShrimp R&D Spending Growth & History (SHMP)

NaturalShrimp's r&d spending was $190,855 for fiscal 2023.

View full NaturalShrimp company overview

NaturalShrimp annual r&d spending history

NaturalShrimp annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20232023-03-31$190,855−$217,019−53.21%
20222022-03-31$407,874$328,324+412.73%
20212021-03-31$79,550−$73,700−48.09%
20202020-03-31$153,250$153,250—
20192019-03-31$0——
20132013-03-31$15,000——
20112011-03-31$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.

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.

Review NaturalShrimp source filings ↗

Community posts

It’s quiet here.

No posts about SHMP yet. Start the conversation.

Write the first post