Quarterly Investor Communication – Second Quarter Ended June 30, 2024
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 (OTCMKTS: VJTTY) ha pubblicato i risultati finanziari del secondo trimestre del 2024, mostrando una performance mista. Il fatturato totale è diminuito del 13,9% a €5.884.000, principalmente a causa di un calo del 32,6% delle entrate dai sistemi. Tuttavia, le entrate dai servizi sono aumentate del 12,8% a €3.173.000. Il margine di profitto lordo dell'azienda è migliorato significativamente al 35,2% rispetto al 27,1% dell'anno precedente.
Per la prima metà del 2024, il fatturato totale è rimasto relativamente stabile a €12.840.000, con un notevole aumento del margine di profitto lordo al 38,5%. voxeljet prevede entrate annuali per il 2024 tra €32,5 e 33,5 milioni. L'azienda sta proseguendo con il suo nuovo stampante 3D su larga scala per GE Wind Energy e ha installato con successo una stampante VX1000HSS migliorata per un cliente tedesco.
voxeljet AG (OTCMKTS: VJTTY) publicó sus resultados financieros del segundo trimestre de 2024, mostrando un desempeño mixto. Los ingresos totales disminuyeron un 13,9% a €5.884.000, principalmente debido a una caída del 32,6% en los ingresos por Sistemas. Sin embargo, los ingresos por Servicios aumentaron un 12,8% a €3.173.000. El margen de ganancia bruta de la empresa mejoró significativamente al 35,2% desde el 27,1% en comparación con el año anterior.
En la primera mitad de 2024, los ingresos totales se mantuvieron relativamente estables en €12.840.000, con un notable aumento en el margen de ganancia bruta al 38,5%. voxeljet espera ingresos anuales para 2024 entre €32,5 y 33,5 millones. La empresa está avanzando con su nueva impresora 3D a gran escala para GE Wind Energy y ha instalado con éxito una impresora VX1000HSS mejorada para un cliente alemán.
voxeljet AG (OTCMKTS: VJTTY)는 2024년 2분기 재무 결과를 발표했으며 혼합된 성과를 보였습니다. 총 수익이 13.9% 감소하여 €5,884,000에 달하며, 이는 주로 시스템 수익의 32.6% 감소 때문입니다. 그러나 서비스 수익은 12.8% 증가하여 €3,173,000에 도달했습니다. 회사의 총 이익률은 27.1%에서 35.2%로 크게 개선되었습니다.
2024년 상반기 동안 총 수익은 €12,840,000으로 비교적 안정적인 상태를 유지했으며, 총 이익률은 38.5%로 크게 증가했습니다. voxeljet은 2024년 전체 수익이 €32.5에서 33.5백만 사이에 이를 것으로 예상하고 있습니다. 회사는 GE Wind Energy를 위한 새로운 대형 3D 프린터 개발을 진행 중이며, 독일 고객을 위해 개선된 VX1000HSS 프린터를 성공적으로 설치했습니다.
voxeljet AG (OTCMKTS: VJTTY) a publié ses résultats financiers du deuxième trimestre 2024, montrant une performance mixte. Le chiffre d'affaires total a diminué de 13,9% pour atteindra 5 884 000 €, principalement en raison d'une baisse de 32,6% des revenus des Systèmes. Cependant, les revenus des Services ont augmenté de 12,8% pour atteindre 3 173 000 €. La marge brute de l'entreprise s'est considérablement améliorée passant de 27,1 % à 35,2 % d'une année sur l'autre.
Pour le premier semestre 2024, le chiffre d'affaires total est resté relativement stable à 12 840 000 €, avec une augmentation notable de la marge brute à 38,5 %. voxeljet s'attend à un chiffre d'affaires annuel pour 2024 compris entre 32,5 et 33,5 millions €. L'entreprise progresse avec son nouvel imprimante 3D à grande échelle pour GE Wind Energy et a installé avec succès une imprimante VX1000HSS améliorée pour un client allemand.
Die voxeljet AG (OTCMKTS: VJTTY) hat ihre finanziellen Ergebnisse für das zweite Quartal 2024 veröffentlicht, die eine gemischte Leistung zeigen. Der Gesamtumsatz sank um 13,9% auf 5.884.000 €, hauptsächlich aufgrund eines Rückgangs der Umsätze im Bereich Systeme um 32,6 %. Allerdings stiegen die Umsätze im Bereich Dienstleistungen um 12,8% auf 3.173.000 €. Die Bruttogewinnmarge des Unternehmens verbesserte sich erheblich von 27,1 % auf 35,2 % im Jahresvergleich.
Für die erste Hälfte des Jahres 2024 blieb der Gesamtumsatz mit 12.840.000 € relativ stabil, mit einem signifikanten Anstieg der Bruttogewinnmarge auf 38,5 %. voxeljet erwartet für das Gesamtjahr 2024 einen Umsatz zwischen 32,5 und 33,5 Millionen €. Das Unternehmen macht Fortschritte mit seinem neuen, groß angelegten 3D-Drucker für GE Wind Energy und hat erfolgreich einen verbesserten VX1000HSS-Drucker für einen deutschen Kunden installiert.
- Gross profit margin increased significantly to 35.2% from 27.1% in Q2 2024
- Services revenues increased by 12.8% to €3,173,000 in Q2 2024
- Total gross profit increased by 11.9% to €2,074,000 in Q2 2024
- For H1 2024, gross profit margin improved to 38.5% from 29.3%
- Full year 2024 revenue is expected to be between €32.5 and €33.5 million
- Development of new, extremely large 3D printer for GE Wind Energy is progressing as planned
- Total revenue decreased 13.9% to €5,884,000 in Q2 2024
- Systems revenues decreased by 32.6% to €2,711,000 in Q2 2024
- Order backlog value decreased from €10,247,000 in June 2023 to €6,731,000 in June 2024
- Number of printers in order backlog reduced from 14 to 7 year-over-year
FRIEDBERG,
Assembly of new, extremely large 3D printer VX9000 BFP for GE Wind Energy (Photo: Business Wire)
HIGHLIGHTS
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Three months ended June 30, 2024 compared to the same period last year
-
Total revenue decreased
13.9% to kEUR 5,884 from kEUR 6,837 -
Gross profit margin increased significantly to
35.2% from27.1% (+ 8.1 percentage points) -
Total gross profit increased by
11.9% to kEUR 2,074 from kEUR 1,853. -
Services revenues increased by
12.8% to kEUR 3,173 from kEUR 2,812. -
Systems revenues decreased by
32.6% to kEUR 2,711 from kEUR 4,025. Typically, the majority of Systems revenue is booked in the second half of a year when installations of 3D printers are completed.
-
Total revenue decreased
-
Six months ended June 30, 2024 compared to the same period last year
-
Total revenue decreased by
0.1% to kEUR 12,840 from kEUR 12,852 -
Gross profit margin increased significantly to
38.5% from29.3% (+ 9.2 percentage points) - Total gross profit increased significantly to kEUR 4,942 from kEUR 3,770.
-
Services revenues increased by
14.1% to kEUR 6,468 from kEUR 5,668. -
Systems revenues decreased by
11.3% to kEUR 6,372 from kEUR 7,184.
-
Total revenue decreased by
-
Full year 2024 revenue is expected to be between 32.5 and
33.5 million euros .
Mr. Rudolf Franz, Chief Executive Officer of voxeljet, commented: “In our on-demand printing Services segment, demand continues to be very robust - both in
Regarding the new, extremely large 3D printer prototype for GE Wind Energy: the development and assembly is progressing as planned. The build area of the new binder-jetting printer is more than 70 square meters, which is, to our knowledge, an order of magnitude larger than comparable systems from other players in the industry. The first printing test should be possible in the coming months.
Regarding High Speed Sintering (HSS): we successfully installed a new VX1000HSS printer in record time, around two weeks, for a client in
ORDER BACKLOG FOR 3D PRINTERS
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|
|
|
30 June 2024 |
30 June 2023 |
Order Backlog value (kEUR) |
6,731 |
10,247 |
Number of printers in order backlog |
7 |
14 |
Note: unaudited
As production and delivery of our printers is generally characterized by lead times ranging between three to nine months, the conversion rate of order backlog into revenue is dependent on the equipping process for the respective 3D printer as well as the timing of customers’ requested deliveries.
ABOUT VOXELJET
Fly through our HQs in
voxeljet’s roots reach back to the year 1995 with the first successful dosing of UV-resins. In the context of a "hidden" project, initial 3D-printing tests were performed at the Technical University Munich. Our company was founded on May 5, 1999 as a spin-off from TUM in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240805382327/en/
Johannes Pesch | Director Purchasing, Business Development & Investor Relations | Phone: +49 (821) 7483 172
Source: voxeljet AG
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