{"id":193907,"date":"2022-04-01T00:00:00","date_gmt":"2022-04-01T00:00:00","guid":{"rendered":"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/"},"modified":"2022-04-01T00:00:00","modified_gmt":"2022-04-01T00:00:00","slug":"voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/","title":{"rendered":"Voxeljet grows by 15% in FY 2021 to over \u20ac21.5M Money & Funding"},"content":{"rendered":"

voxeljet AG (NASDAQ: VJET), a provider of high-speed, large-format 3D printers and on-demand part<\/a>s services, closed its Voxeljet FY 2021 with revenues of \u20ac24.826 million, up 15% from \u20ac21.567 in the previous fiscal year.<\/p>\n

Among other highlights, total revenues for the fourth quart<\/a>er increased 22.9% to \u20ac10.885 million from \u20ac8.859 million. The total gross profit margin for the fourth quart<\/a>er slightly decreased from 33.6% to 32.7%. Systems revenues for the fourth quart<\/a>er increased 26.5% to \u20ac8.470 million from \u20ac6.695 million. Services revenues for the fourth quart<\/a>er increased 11.6% to \u20ac2.415 from \u20ac2.164.<\/p>\n

Revenue for full-year 2022 is now expected to be between \u20ac25 million and \u20ac30 million. These are altogether excellent results for the german sand binder jetting and HSS company which has gone through a bit of a rough patch in previous years, with the global manufacturing industry and wall street analysts failing to fully comprehend its technology\u2019s huge potential.<\/p>\n

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Manufacturing on Demand<\/h4>\n
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Dr. Ingo Ederer <\/p>\n

Dr. Ingo Ederer, Chief Executive Officer of voxeljet, commented: \u201cWe ended 2021 with a number of notable achievements that underscore the growing demand across our product portfolio, increasing market dynamics and greater recognition of voxeljet\u2019s leading 3D printing<\/a> technology for industrial application<\/a>s. In September 2021 we announced that, together with GE Renewables, we plan to develop the world\u2019s largest binder jet 3D printer for the production of critical components for next-generation wind turbines, called Haliade-X. In the fourth quart<\/a>er, we announced that Brose, a leading global supplier to the electric car industry, is the first client in the beta program for our new, large High Speed Sintering 3D printer. We also announced a part<\/a>nership in the fourth quart<\/a>er with Covestro, a billion-dollar chemical company, to advance additive manufacturing in series production. Last but not least we received the final acceptance of the first VJET X units from our part<\/a>ner in the fourth quart<\/a>er, related to the project with a leading German automotive<\/a> manufacturer. The VJET X is a new 3D printer with extreme performance for high volume, industrial application<\/a>s. Overall, the fourth quart<\/a>er 2021 was a record sales quart<\/a>er for our company and we are pleased that this momentum has continued in the first months of the new year.\u201d<\/p>\n

The VX1000 HSS from voxeljet is a high-performance 3D printer for processing polymers. With possible maximum part<\/a> sizes of up to 1000 x 450 x 180 mm (for PA12), it is one of the most productive binder jetting systems on the market. <\/p>\n

During the Voxeljet FY 2021, systems revenues were \u20ac15.7 million for the year ended December 31, 2021 compared to \u20ac12.6 million in last year\u2019s period. The Company sold ten new and four used and refurbished 3D printers during the year ended December 31, 2021 compared to eight new and five used and refurbished 3D printers in the prior year period. Revenue from the sale of 3D printers significantly increased in 2021 compared to last year, due to a more favorable product mix, as we sold more larger scale platforms in 2021 as opposed to smaller platforms in the comparative period in 2020.<\/p>\n

Systems revenues also include all Systems-related revenues from consumables, spare part<\/a>s and maintenance. Those Systems-related revenues also increased, which reflects the recovery from the economic slow-down mainly due to the ongoing COVID-19 situation. Currently, we are able to perform installations of 3D printers as well as to offer service visits in most regions of the world. There remain some COVID-19 government regulation constraints that could delay service visits, however, the situation is normalizing progressively. Systems revenues represented 63.4% of total revenue for the year ended December 31, 2021 compared to 58.2% for the last year\u2019s same period.<\/p>\n

Services revenues were stable at \u20ac9 million for the year ended December 31, 2021. A slight increase was mainly due to higher revenue contributions from the German operation, but the Chinese service center also recorded slight growth in revenues. This was part<\/a>ially offset by lower revenue contributions from the subsidiary voxeljet America. Even though there was an increase in revenues start<\/a>ing in the third quart<\/a>er of 2021, it did not fully compensate for the negative impact of the COVID-19 situation in the first half of 2021.<\/p>\n

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You might also like:<\/h5>\n

Raplas takes its SLA hardware to the next level: <\/a>At this pivotal point for the company, and just ahead of its appearance at AMUG 2022 in Chicago, we had the opportunity to speak with Raplas\u2019 Chief Revenue Officer Martin Forth and Vice President of Sales Darrin Dickinson. They tell us more about the company\u2019s innovative solutions and Raplas\u2019 vision for production additive manufacturing.<\/p><\/blockquote>\n

* This article is reprinted from 3D Printing Media Network<\/a>. If you are involved in infringement, please contact us to delete it.<\/p>\n

<\/i> Author: Davide Sher<\/p>\n","protected":false},"excerpt":{"rendered":"

voxeljet AG (NASDAQ: VJET), a provider of high-speed, large-format 3D printers and on-demand parts services, closed its Voxeljet FY 2021 with revenues of \u20ac24.826 million, up 15% from \u20ac21.567 in the previous fiscal year.<\/p>\n","protected":false},"author":3,"featured_media":193909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"\/news\/wp-content\/uploads\/2023\/05\/7829048196520068106.jpg","fifu_image_alt":"","footnotes":""},"categories":[58],"tags":[3649],"class_list":["post-193907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technologies","tag-3d-printer-hardwarefinancial-reportsmoney-funding"],"yoast_head":"\nVoxeljet grows by 15% in FY 2021 to over \u20ac21.5M Money & Funding - FacFox News<\/title>\n<meta name=\"description\" content=\"voxeljet AG (NASDAQ: VJET), a provider of high-speed, large-format 3D printers and on-demand parts services, closed its Voxeljet FY 2021 with revenues of \u20ac24.826 million, up 15% from \u20ac21.567 in the previous fiscal year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Voxeljet grows by 15% in FY 2021 to over \u20ac21.5M Money & Funding\" \/>\n<meta property=\"og:description\" content=\"voxeljet AG (NASDAQ: VJET), a provider of high-speed, large-format 3D printers and on-demand parts services, closed its Voxeljet FY 2021 with revenues of \u20ac24.826 million, up 15% from \u20ac21.567 in the previous fiscal year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/\" \/>\n<meta property=\"og:site_name\" content=\"FacFox News\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-01T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"\/news\/wp-content\/uploads\/2023\/05\/7829048196520068106.jpg\" \/><meta property=\"og:image\" content=\"\/news\/wp-content\/uploads\/2023\/05\/7829048196520068106.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vera\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"\/news\/wp-content\/uploads\/2023\/05\/7829048196520068106.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vera\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/\"},\"author\":{\"name\":\"Vera\",\"@id\":\"https:\/\/facfox.com\/news\/#\/schema\/person\/7b701aad2d8f434034fcecd2c50a570c\"},\"headline\":\"Voxeljet grows by 15% in FY 2021 to over \u20ac21.5M Money & Funding\",\"datePublished\":\"2022-04-01T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/\"},\"wordCount\":778,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/facfox.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/facfox.com\/news\/wp-content\/uploads\/2023\/05\/b1445e7ff31d17891e7bb0647169d5ee.jpg\",\"keywords\":[\"3D Printer HardwareFinancial ReportsMoney & Funding\"],\"articleSection\":[\"Technologies\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/\",\"url\":\"https:\/\/facfox.com\/news\/voxeljet-grows-by-15-in-fy-2021-to-over-e21-5m-money-funding-2\/\",\"name\":\"Voxeljet grows by 15% in FY 2021 to over \u20ac21.5M Money & Funding - 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