Investor Presentaiton
Selected Financials
Sustained upward trajectory in revenue & profitability
in EUR m
2021
Change 2020
Machines Revenue
57.6
+28%
45.1
After Sales Revenue
17.5
+5%
16.6
Gross Profit
46.3
+36%
33.9
Gross Profit Margin
56%
+3p.p
53%
Payroll
(39.0)
+9%
(35.6)
Other Exps. & Income
(15.8)
+22%
(13.0)
EBITDA
(8.6)
+42%
(14.8)
Operating Cash Flow
(18.3)
(3.4)
Working Capital
33.2
+36%
24.4
Cash and cash equivalents
25.0
+33%
18.9
U = Unfavorable (change <(100)%)
SLM
SOLUTIONS
•
•
Machines revenues increase mainly driven by SLM500
→ doubled output vs 2020
Focused on fixing after sales business by
concentrating on quality & customer satisfaction,
initial steps taking to accelerate revenue growth
Gross Profit Margin improvement driven by product
cost out & lower inventory write-offs, Q4 negatively
impacted by ~EUR 1m increase of obsolescence
reserve
Other operating income includes forgiven PPA loan
within US entity (EUR 0.8m)
Other operating expenses negatively impacted by
freight rates
Increase in payroll aligned to mid-term growth targets
Operating Cash-Flow negatively impacted by higher
safety stock levels due to supply chain constraints
and increase in receivables driven by late shipments
and unfavorable terms
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