ELMO Software

ELMO Software R&D Expenses

Delisted

The Research & Development Expenses of ELMO Software (ELO.AX) as of Nov 7, 2026 is 23.68 M AUD. In the previous year, Research & Development Expenses was 12.27 M AUD — a change of 92.97% (higher).

R&D Expenses

23.68 MAUD

YoY

92.97%

Last updated:

Research & Development Expenses of ELMO Software is 2022 23.68 M AUD. Research & Development Expenses of ELMO Software was 2021 12.27 M AUD. It decreases by 92.97% higher compared to the previous year.

The ELMO Software R&D Expenses history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

R&D Expenses
Date
R&D Expenses
Jan 1, 2015
451,300.00 AUD
Jan 1, 2016
437,000.00 AUD
Jan 1, 2017
338,000.00 AUD
Jan 1, 2018
806,000.00 AUD
Jan 1, 2019
3.25 M AUD
Jan 1, 2020
6.10 M AUD
Jan 1, 2021
12.27 M AUD
Jan 1, 2022
23.68 M AUD
The ELMO Software R&D Expenses history
YEARR&D ExpensesYoY
23.68 MAUD+92.97%
12.27 MAUD+101.10%
6.10 MAUD+87.93%
3.25 MAUD+302.85%
806,000.00AUD+138.46%
338,000.00AUD-22.65%
437,000.00AUD-3.17%
451,300.00AUD+4.95%
430,000.00AUD—

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ELMO Software Stock analysis

What does ELMO Software do? ELMO Software Ltd is an Australia-based company specializing in designing cloud-based solutions to support personnel management processes. The company was founded in 2002 by Manuel Garber and Danny Lessem and initially focused on delivering learning management systems (LMS) to small and medium-sized businesses in Australia. Over time, ELMO Software expanded its offerings to provide a wide range of solutions revolving around personnel management. The company aims to elevate personnel management to a higher level by providing a comprehensive platform designed to simplify personnel and workflow management, ultimately contributing to achieving high performance standards. ELMO Software operates on a cloud-based business model, offering rental and software-as-a-service (SaaS) applications, eliminating the need for separate software installations or server installations within the company. Customers can register online and immediately utilize the products. Due to its scalability, ELMO's business model is well-suited for small to medium-sized companies seeking cost savings while still aiming for the highest standards in personnel management. ELMO Software has four different divisions: recruitment, personnel development, salary administration, and retraining. In the recruitment division, the company provides intelligent talent acquisition systems that simplify the recruitment process and reduce hiring costs. The personnel development division offers training modules that allow companies to customize training offerings to match required skills and qualifications. Additionally, companies can test, validate, and certify acquired knowledge using these modules. In the salary administration division, ELMO Software offers a wide range of salary administration and compensation management tools. These tools can be used for both domestic and international salary administration, including intuitive automated salary administration functions. The salary management tools also include options for managing seniority, benefits, and travel expenses. Finally, ELMO Software assists with employee retraining, allowing customers to provide their learning solutions within internal or external educational programs. ELMO Software strives to provide consistent quality and excellent customer service. In order to better understand customer desires and requirements, the company offers close support and services to help customers find the best solutions for their personnel management needs. In fact, customer support is available 24/7 to respond to specific questions and needs. ELMO is an innovative company operating in a significant and growing market. It has revolutionized the way personnel management products and services are delivered and is committed to making personnel management as easy as possible. Over the years, it has built a strong reputation and trust in the market. With its cloud-based offerings and ability to provide customers with adequate support and customer service, it is expected to continue growing in the future. ELMO Software is one of the most popular companies on Eulerpool.

Frequently Asked Questions about ELMO Software stock

Research & Development Expenses of ELMO Software is 23.68 M AUD in 2022.

Research & Development Expenses of ELMO Software changed from 12.27 M AUD to 23.68 M AUD, representing a 92.97% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Research & Development Expenses ELMO Software since 2006 – with annual values, charts, and detailed analysis.

R&D expenses represent the costs incurred in researching and developing new products, services, or processes. High R&D spending can signal innovation and future growth potential.

Research & Development Expenses's AUD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Research & Development Expenses's ELMO Software historically and in real time.

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