{"id":68469,"date":"2019-07-29T13:10:24","date_gmt":"2019-07-29T05:10:24","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/robo3d-reports-67-increase-in-3d-printer-sales-optimistic-for-future.3dm"},"modified":"2019-07-29T13:10:24","modified_gmt":"2019-07-29T05:10:24","slug":"robo3d-reports-67-increase-in-3d-printer-sales-optimistic-for-future","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/robo3d-reports-67-increase-in-3d-printer-sales-optimistic-for-future\/","title":{"rendered":"Robo3D reports 67% increase in 3D printer sales, optimistic for future"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">28<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">7<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">21<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">The latest financial returns for <\/span><span style=\"font-weight: 400;\">Robo3D<\/span><span style=\"font-weight: 400;\"> (<\/span><span style=\"font-weight: 400;\">ASX: RBO) show double digit growth for the 3D printer developer and manufacturer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Robo3D, makers of the R1+, R2 and C2 3D Printers, has reported a 67% increase in its sales for the first 9 months period ending in March 2018. Total sales amounting to AUD 5.5M (equivalent to USD 4.1M). In the end of March quarter, sales were AUD 1.2M..<\/span><\/p>\n<figure id=\"attachment_132959\" style=\"width: 480px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-132959\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/05\/The-Robo-3D-C2-3D-printer.-Image-via-Robo3D..png\" alt=\"The Robo 3D C2 3D printer. Image via Robo3D.\" width=\"480\" height=\"464\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/05\/The-Robo-3D-C2-3D-printer.-Image-via-Robo3D..png 480w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/05\/The-Robo-3D-C2-3D-printer.-Image-via-Robo3D.-200x193.png 200w\" sizes=\"(max-width: 480px) 100vw, 480px\" \/><figcaption class=\"wp-caption-text\">The Robo 3D C2 3D printer. Image via Robo3D.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">An additional AUD 200K of customer orders were received in February 2018 were not delivered to European customers until after 30 March 2018 due to significant delays in being released from European customs. Adjusting for this delay, Robo3D experienced a quarterly revenue growth of 20% compared to the March 2017 quarter.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">Sales &#8211; M AUD &#8211; unaudited<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Fiscal Year ended 30\/6\/2017<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Fiscal Year ended 30\/6\/2018<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Q ended 30\/9<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.5<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Q ended 31\/12<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.8<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.8<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Q ended 31\/3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.2<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.2<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Q ended 30\/6<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.3<\/span><\/td>\n<td><span style=\"font-weight: 400;\">n\/a<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><b>Robo3D continued success in 3D printing for education <\/b><\/p>\n<p><span style=\"font-weight: 400;\">Robo3D strategic focus is targeting the significant Education sector. With other 100,000 K-12 institutions serving over 50 M students, the education sector offers a compelling opportunity. Robo3D has recently partnered with the following education focus resellers:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Douglas Stewart Company<\/span><span style=\"font-weight: 400;\">, a leading distributor and business service provider in the North America with a specific focus on education markets,<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fisher Scientific Education<\/span><span style=\"font-weight: 400;\">, a division of Thermo Fischer Scientific, a large NYSE listed biotechnology product development company, with a particular focus to educational laboratories and classrooms,<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Troxell<\/span><span style=\"font-weight: 400;\">, the largest privately-held education technology distributor in the USA. <\/span><\/li>\n<\/ul>\n<p><b>Robo3D optimistic for the remainder of 2018<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Ryan Legudi, Managing Director at Robo3D is very optimistic for the remainder of 2018. He commented on the results with: &#8220;the market opportunity for Robo has never been better. We are operating in a rapidly emerging industry, expected to grow<\/span><span style=\"font-weight: 400;\"> 3-fold over the next four years<\/span><span style=\"font-weight: 400;\"> to reach an estimated 1.9 million units, compared to around an estimated 500,000 units in 2017.&#8221;<\/span><\/p>\n<figure id=\"attachment_132960\" style=\"width: 477px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-132960\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/05\/The-Robo3D-R2-3D-printer.-Photo-via-Robo3D..png\" alt=\"\" width=\"477\" height=\"478\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/05\/The-Robo3D-R2-3D-printer.-Photo-via-Robo3D..png 477w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/05\/The-Robo3D-R2-3D-printer.-Photo-via-Robo3D.-300x300.png 300w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/05\/The-Robo3D-R2-3D-printer.-Photo-via-Robo3D.-200x200.png 200w\" sizes=\"(max-width: 477px) 100vw, 477px\" \/><figcaption class=\"wp-caption-text\">The Robo3D R2 3D printer. Photo via Robo3D.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">In the March 2018 quarter Robo3D further extended its reseller network to 40, a doubling in the last 6 months and 8 times the number at end March 2017. The company expects that the new resellers recently signed up will support the growth of the company going forward. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company ended the March 2018 quarter with AUD 599K cash at bank, with an additional AUD 350K to be received. The management is confident in obtaining further non dilutive financing in the next months.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Voting closes soon in the <\/span><\/i><i><span style=\"font-weight: 400;\">2018 <a href=\"\/service\/3d-printing\"> Industry Awards<\/span><\/i><i><span style=\"font-weight: 400;\">, make your vote for the enterprises leading the 3D printing industry.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">For all the latest additive manufacturing news<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">subscribe to the <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Industry newsletter<\/span><\/i><i><span style=\"font-weight: 400;\">, follow us on <\/span><\/i><i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><i><span style=\"font-weight: 400;\">, and like us on <\/span><\/i><i><span style=\"font-weight: 400;\">Facebook<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Find talent for a project, or advance your career in 3D printing. The <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Jobs<\/span><\/i><i><span style=\"font-weight: 400;\"> board is live.<\/span><\/i><\/p>\n<p><em>Featured image shows GT Moto using Robo3D to cut product development time for custom motorcycles. Photo via Robo3D.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>28shares 7 21 0 The latest financial returns for Robo3D (ASX: RBO) show double digit growth for the 3D printer developer and manufacturer. Robo3D, makers of the R1+, R2 and C2 3D Printers, has reported a 67% increase in its sales for the first 9 months period ending in March 2018. Total sales amounting to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182541,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/05\/The-Robo-3D-C2-3D-printer.-Image-via-Robo3D..png","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,173],"class_list":["post-68469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Robo3D reports 67% increase in 3D printer sales, optimistic for future - FacFox News<\/title>\n<meta name=\"description\" content=\"28shares7210The latest financial returns for Robo3D (ASX: RBO) show double digit growth for the 3D printer developer and manufacturer. 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