DETROIT – May 20 – Today at the RAPID+TCT Conference, Materialise and HP Inc. announced an expansion of innovative work to pave the way towards industrial-scale 3D printing, including integration of Materialise’s industry-leading software with HP’s breakthrough Jet Fusion 3D printing solutions, and an important certification validating the HP Jet Fusion 580/380 solutions as fully compatible with Materialise Mimics in Print software for use in healthcare.
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Executive Chairman Peter Leys commented, “In the year’s opening quarter, all three of our segments performed well. Materialise Software and Materialise Medical, which continue to invest in both sales and marketing and research and development, combined healthy double-digit revenue growth rates with solid double-digit EBITDA margins. In spite of the continuing macro-economic uncertainties, in particular in the automotive sector, Materialise Manufacturing also realized growth, both in terms of revenue and, more significantly, in terms of EBITDA. We believe we are on track to meet our financial guidance for 2019.”
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Fluidda announces a new phase in its collaboration with Materialise, to expand personalized treatment options in the respiratory care, building on its image based software. As part of the partnership, Materialise invests €2.5 million in Fluidda and Wilfried Vancraen, founder and CEO of Materialise, will join the board of directors at Fluidda.
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Executive Chairman Peter Leys commented, “2018 has been a good year for Materialise. Our annual revenues grew by 30% to 184,721 kEUR, our Adjusted EBITDA grew by 61% to 23,526 kEUR, and our deferred revenue from license and maintenance fees increased 3,883 kEUR to 22,606 kEUR, all at the higher end of the range we forecasted at the beginning of the year. In addition, cash flow from operating activities in 2018 was 28,321 kEUR compared to 9,951 kEUR in 2017, and, as a result of the capital we raised in 2018, our cash and cash equivalents at the end of 2018 totaled 115,506 kEUR compared to 43,175 kEUR at the end of last year. This financial strength positions us well to capture new growth opportunities going forward, even if the macro-economic conditions become less favorable.”
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PLYMOUTH, Mich., Nov. 27, 2018 – Materialise, in collaboration with Carestream Health, is developing a work-in-progress zero footprint deployment of their pre-operative planning solution for orthopaedists, leveraging Materialise’s OrthoView software. Thanks to enterprise-wide licensing and an enterprise imaging-integrated zero footprint deployment, Materialise and Carestream will be able to give surgeons the freedom to plan procedures in a standard browser, eliminating the requirement for additional software.
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