The following table summarizes segment reporting. The sum of the amounts of the two segments equals the total for the Group in each of the periods.
Quarter Ended December 31, (unaudited) | Year Ended December 31, | |||||||||||||
2014 | 2013 | 2014 | 2013 | |||||||||||
(€ in thousands, except gross profit margin) | ||||||||||||||
Revenues | ||||||||||||||
Systems | 4,247 | 2,458 | 9,057 | 6,343 | ||||||||||
Services | 2,691 | 1,235 | 7,106 | 5,345 | ||||||||||
Total revenues | 6,938 | 3,693 | 16,163 | 11,688 | ||||||||||
Cost of sales | ||||||||||||||
Systems | (2,440 | ) | (1,273 | ) | (5,756 | ) | (3,838 | ) | ||||||
Services | (1,510 | ) | (895 | ) | (4,082 | ) | (3,207 | ) | ||||||
Total cost of sales | (3,950 | ) | (2,168 | ) | (9,838 | ) | (7,045 | ) | ||||||
Gross profit | ||||||||||||||
Systems | 1,807 | 1,185 | 3,301 | 2,505 | ||||||||||
Services | 1,181 | 340 | 3,024 | 2,138 | ||||||||||
Total gross profit | 2,988 | 1,525 | 6,325 | 4,643 | ||||||||||
Gross profit margin (%) | ||||||||||||||
Systems | 42.5 | % | 48.2 | % | 36.4 | % | 39.5 | % | ||||||
Services | 43.9 | % | 27.5 | % | 42.6 | % | 40.0 | % | ||||||
Total gross profit margin (%) | 43.1 | % | 41.3 | % | 39.1 | % | 39.7 | % |