About voxeljet
voxeljet is a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers. The Company’s 3D printers employ a powder binding, additive manufacturing technology to produce parts using various material sets, which consist of particulate materials and proprietary chemical binding agents. The Company provides its 3D printers and on-demand parts services to industrial and commercial customers serving the automotive, aerospace, film and entertainment, art and architecture, engineering and consumer product end markets. For more information, visit http://www.voxeljet.de/en/.
Cautionary Statement on Forward-Looking Statements
This press release contains forward-looking statements concerning our business, operations and financial performance. Any statements that are not of historical facts may be deemed to be forward-looking statements. You can identify these
forward-looking statements by words such as ‘‘believes,’’ ‘‘estimates,’’ ‘‘anticipates,’’ ‘‘expects,’’ ‘‘projects,’’ ‘‘plans,’’ ‘‘intends,’’ ‘‘may,’’ ‘‘could,’’ ‘‘might,’’ ‘‘will,’’ ‘‘should,’’ ‘‘aims,’’ or other similar expressions that convey uncertainty of future events or outcomes. Forward-looking statements include statements regarding our intentions, beliefs, assumptions, projections, outlook, analyses or current expectations concerning, among other things, our results of operations, financial condition, business outlook, the industry in which we operate and the trends that may affect the industry or us. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that forward-looking statements are not guarantees of future performance. All of our forward-looking statements are subject to known and unknown risks, uncertainties and other factors that are in some cases beyond our control and that may cause our actual results to differ materially from our expectations, including those risks identified under the caption “Risk Factors” in the Company’s Annual Report on Form 20-F and in other reports the Company files with the U.S. Securities and Exchange Commission, as well as the risk that our revenues may fall short of the guidance we have provided in this press release. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.
voxeljet AG |
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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED) |
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Notes |
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9/30/2023 |
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12/31/2022 |
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(€ in thousands) |
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unaudited |
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Current assets |
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31,543 |
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35,481 |
Cash and cash equivalents |
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7 |
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4,968 |
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12,119 |
Other financial assets |
|
7 |
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4,889 |
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2,047 |
Trade receivables, net |
|
7 |
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4,753 |
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6,165 |
Inventories |
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4 |
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13,736 |
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11,136 |
Income tax receivables |
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46 |
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23 |
Other assets |
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3,151 |
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3,991 |
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Non-current assets |
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17,724 |
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19,639 |
Other financial assets |
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7 |
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4 |
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944 |
Intangible assets |
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826 |
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819 |
Property, plant and equipment |
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5 |
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16,843 |
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17,799 |
Other assets |
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51 |
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77 |
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Total assets |
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49,267 |
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55,120 |
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Notes |
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9/30/2023 |
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12/31/2022 |
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(€ in thousands) |
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Current liabilities |
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12,565 |
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11,182 |
Trade payables |
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7 |
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2,426 |
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2,683 |
Contract liabilities |
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7,053 |
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4,877 |
Other financial liabilities |
|
7 |
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945 |
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1,161 |
Other liabilities and provisions |
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6 |
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2,141 |
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2,461 |
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Non-current liabilities |
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22,122 |
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19,216 |
Contract liabilities |
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|
220 |
|
281 |
Other financial liabilities |
|
7 |
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21,701 |
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18,743 |
Other liabilities and provisions |
|
6 |
|
201 |
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192 |
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Equity |
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14,580 |
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24,722 |
Subscribed capital |
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9,135 |
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9,135 |
Capital reserves |
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113,098 |
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112,996 |
Accumulated deficit |
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(107,236) |
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(97,240) |
Accumulated other comprehensive income (loss) |
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(641) |
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(464) |
Equity attributable to the owners of the company |
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14,356 |
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24,427 |
Non-controlling interest |
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224 |
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295 |
Total equity and liabilities |
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49,267 |
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55,120 |
See accompanying notes to unaudited condensed consolidated interim financial statements.