VOXELJET AG SP/ADR - VJTTY STOCK NEWS

voxeljet AG expands its High Speed Sintering (HSS) network by partnering with FKM Sintertechnik GmbH. The collaboration involves the VX1000 HSS, the largest ink-based polymer 3D printer in the market, with a print volume of 1,000 x 540 x 180 mm for PA12 materials. Since November 2023, significant improvements have been made to optimize mechanical properties and achieve homogeneous part quality across the build field. The system demonstrates advantages in production speed, quality, dimensional accuracy, and unit costs compared to SLS systems. FKM joins as the first production partner in voxeljet's HSS Polymer Network, offering customers an end-to-end solution from materials research to parts production.

voxeljet AG, Dressler Group GmbH, and Fraunhofer IPA have successfully completed a material study demonstrating the recycling of waste PA12 powder from laser-based 3D printing systems. The study showed that reconditioned PA12 waste powder can be effectively processed using High Speed Sintering (HSS) technology on voxeljet's VX200 HSS platform, with material properties equal to or potentially exceeding those of fresh powder. This breakthrough addresses up to 50% of running costs in 3D printing operations and offers a sustainable solution for the additive manufacturing industry by reducing waste and operational costs.

voxeljet AG reported mixed Q3 2024 results with total revenue slightly increasing by 0.3% to €6.19M. The company saw significant improvements in gross profit margin, rising to 32.6% from 26.8%. Services revenue grew by 3.5% to €2.88M, while Systems revenue declined by 2.3% to €3.31M. For the nine-month period, total revenue remained nearly flat at €19.03M, with Services up 10.6% but Systems down 8.4%. The company lowered its full-year 2024 revenue guidance to €30-32M from €32.5-33.5M. The order backlog decreased to €8.68M (9 printers) compared to €11.74M (15 printers) year-over-year. Progress was reported on their GE Wind Energy printer prototype and High Speed Sintering systems.

voxeljet AG (OTCMKTS: VJTTY) released its Q2 2024 financial results, showing mixed performance. Total revenue decreased 13.9% to €5,884,000, primarily due to a 32.6% drop in Systems revenues. However, Services revenues increased by 12.8% to €3,173,000. The company's gross profit margin improved significantly to 35.2% from 27.1% year-over-year.

For the first half of 2024, total revenue remained relatively stable at €12,840,000, with a notable increase in gross profit margin to 38.5%. voxeljet expects full-year 2024 revenue between €32.5-33.5 million. The company is progressing with its new, large-scale 3D printer for GE Wind Energy and has successfully installed an improved VX1000HSS printer for a German client.

voxeljet AG, a provider of high-speed, large-format 3D printers and on-demand parts services, announced a major management restructuring following its delisting from NASDAQ and de-registration. Dr. Ingo Ederer, the company's founder, will step down as CEO and Management Board member on June 30, 2024, but will continue as an advisor to ensure a smooth transition. Rudolf Franz, the current CFO, will succeed him as CEO and will collaborate with the extended management team to drive the company's growth. The Supervisory Board expressed gratitude to Dr. Ederer for his contributions and endorsed Franz's deep understanding of voxeljet's technologies, markets, and strategic goals.

voxeljet AG, a provider of 3D printers and on-demand parts services, announced its best first-quarter financial performance in history for the period ending March 31, 2024. The company reported a 15.6% year-over-year increase in total revenue to kEUR 6,956 and a 49.6% increase in gross profit to kEUR 2,868. Dr. Ingo Ederer, CEO of voxeljet, expressed satisfaction with the results and highlighted progress on the development of an extremely large 3D printer for GE Wind Energy.

voxeljet AG (VJTTY) reports a strong financial performance for the fourth quarter and full year 2023, with total revenues increasing by 32.9% and 19.7% respectively. The company achieved positive EBITDA and adjusted EBITDA for the fourth quarter. Despite a decrease in services revenues for the full year, voxeljet set new records for both quarterly and full-year revenues. An agreement with Anzu Partners to amend and expand a loan note will provide financing for operational needs and the delisting of ADSs from Nasdaq. The company expects the ADS to start trading on the OTC market following delisting.