voxeljet AG Stock Price, News & Analysis

The UK is the top contributor to the European educational services sector, focusing on various instructional methods. The global 3D printing market in education, negatively impacted by COVID-19, is projected to grow at a CAGR of 11.68% from 2021 to 2026, with an estimated increase of USD 720.31 million. The market includes segments for higher education and preK12, covering 3D printing services, materials, and printers. Key players include Materialise NV (NASDAQ:MTLS) and voxeljet AG (NASDAQ:VJET). Challenges remain from rental services threatening growth.

The 3D Printers Market report released by ResearchAndMarkets.com indicates significant growth forecasted for the sector, anticipated to reach $50.39 billion by 2029, with a CAGR of 31.1% from 2022-2029. The industrial 3D printers segment is expected to dominate the market, attributed to their ability to produce high-strength industrial tools. Fused deposition modeling (FDM) technology will lead the market share, favored for its cost-effectiveness and versatility. The report highlights Europe as a key region, driven by demand for complex manufacturing and cost reduction. Key challenges include restricted build sizes and high processing costs.

voxeljet AG (NASDAQ: VJET) announced a capital increase approved by its management and supervisory boards, raising registered share capital by EUR 828,943.00. This increase raises the total share capital from EUR 8,305,781.00 to EUR 9,134,724.00, issuing 828,943 new ordinary shares placed privately with Anzu’s industrial technology fund, totaling USD 1,790,517. Proceeds will be used for general corporate purposes. The offering is made under Section 4(a)(2) of the Securities Act and is not available in the U.S.

voxeljet AG (NASDAQ: VJET) reported a 16.1% increase in Q3 2022 revenues, reaching kEUR 5,735, compared to kEUR 4,938 in Q3 2021. However, the gross profit margin declined to 28.7% from 39.3%. Systems revenues increased by 8.3% to kEUR 2,704, while services revenues rose by 24.2% to kEUR 3,031. The company reaffirmed its full-year 2022 revenue guidance but revised R&D and capital expenditure projections. The third quarter ended with a net loss of kEUR 8,702, or EUR 1.23 per share, compared to a loss of kEUR 800, or EUR 0.12 per share, in the prior year.

voxeljet AG (NASDAQ:VJET) announced the release of its financial results for Q3 2022, scheduled for November 17, 2022, after market closure. A conference call will follow on November 18, 2022, at 8:30 a.m. ET, featuring CEO Dr. Ingo Ederer and CFO Rudolf Franz. The call will provide a business update and answer investor questions. Interested parties can join via phone or a live webcast. The audio replay will be available two hours after the call and can be accessed until November 25, 2022.

voxeljet AG (NASDAQ: VJET) has successfully completed a sale-leaseback transaction for its German facility, generating approximately €26.5 million in gross proceeds. The funds were utilized to repay outstanding financial liabilities. The company has committed to a 15-year lease for the facility, which serves as its headquarters and center for 3D printing systems research and development. This strategic move helps to strengthen voxeljet’s financial position while ensuring ongoing operations in the Munich area.

voxeljet AG (NASDAQ: VJET) has completed a registered direct offering, selling 1,279,070 Ordinary Shares priced at $3.44 each. The offering generated gross proceeds of USD 4.4 million, with the net proceeds intended for general corporate purposes. The offering was facilitated by A.G.P./Alliance Global Partners as the sole placement agent. This transaction was conducted under an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission.

voxeljet AG has finalized agreements with institutional investors for the sale of 1,279,070 Ordinary Shares at $3.44 per share in a registered direct offering. This transaction, representing approximately $4.4 million, is set to close around October 11, 2022. The offering utilizes an effective shelf registration statement filed with the SEC. A.G.P./Alliance Global Partners serves as the sole placement agent. Investors are advised to review the related prospectus for detailed information on the offering.

voxeljet AG has announced a capital increase of up to EUR 2,108,013.00 through cash contributions, excluding subscription rights for existing shareholders. New registered ordinary shares will be issued via American Depositary Receipts (ADRs) listed on NASDAQ, starting dividend entitlement for the 2022 financial year. The offering's proceeds will support general corporate purposes. A.G.P./Alliance Global Partners is the sole placement agent. Details of the offering price will be announced today.