Wewards annual r&d spending
2017
2018
2019
2021
2022
2023
Wewards R&D Spending Growth & History (WEWA)
Wewards's r&d spending was $0 for fiscal 2023.
View full Wewards company overviewWewards annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-05-31 | $0 | −$1.6M | — |
| 2022 | 2022-05-31 | $1.6M | $780,000 | +92.58% |
| 2021 | 2021-05-31 | $842,500 | — | — |
| 2019 | 2019-05-31 | $447,418 | −$1.7M | −78.87% |
| 2018 | 2018-05-31 | $2.1M | −$2.6M | −55.04% |
| 2017 | 2017-05-31 | $4.7M | — | — |
Wewards quarterly r&d spending
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q2.19
Q3.19
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q4 2022 | 2022-05-31 | $0 | — | — |
| Q3 2022 | 2022-02-28 | $611,500 | $274,500 | +81.45% |
| Q2 2022 | 2021-11-30 | $505,500 | — | — |
| Q1 2022 | 2021-08-31 | $505,500 | — | — |
| Q3 2021 | 2021-02-28 | $337,000 | — | — |
| Q3 2019 | 2019-02-28 | $0 | −$393,260 | — |
| Q2 2019 | 2018-11-30 | $15,218 | −$992,114 | −98.49% |
| Q3 2018 | 2018-02-28 | $393,260 | −$1.5M | −79.68% |
| Q2 2018 | 2017-11-30 | $1.0M | −$534,845 | −34.68% |
| Q1 2018 | 2017-08-31 | $1.0M | $409,881 | +65.93% |
| Q4 2017 | 2017-05-31 | $609,834 | — | — |
| Q3 2017 | 2017-02-28 | $1.9M | — | — |
| Q2 2017 | 2016-11-30 | $1.5M | — | — |
| Q1 2017 | 2016-08-31 | $621,705 | — | — |
Wewards r&d spending trends
Over the last five fiscal years, Wewards's r&d spending decreased from $2.1M to $0, a change of −$2.1M. The latest reported quarter, Q4 2022, 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 Wewards source filings ↗