ArcamLeading titanium 3D printer OEM, Arcam AB announced this morning:

 

 


 

Sales increased by 105% to 137.1 MSEK / = $16.5 million USD  (vs. 66.9 MSEK in Q4 2013)

Operating income increased to 13.2 MSEK = $1.6 million USD (vs. 6.9 MSEK in Q4 2013)

Net income increased to 15.0 MSEK = $1.8 million USD (vs. 7.6 MSEK in Q4 2013)

Order intake increased to 21 (vs. 10 in Q4 2013) systems

For 2014, the company reported + EPS which increased to 3.10 SEK ( vs. 0.96 in 2013) or .37/share in USD. It’s important to note that this figure includes the tax effects of approximately 15.8 MSEK. This is offset by $9.3 MSEK in non-recurring costs, for a net of ~ $6.5 MSEK towards earnings.

currency conversion:

3.10 SEK = 0.374087 USD
Swedish Krona US Dollar
1 SEK = 0.120673 USD 1 USD = 8.28684 SEK

 

To those following the 3D printing space closely, these numbers may not come as a surprise. Most industry experts agree that the high growth niche for 3D printing is in industrial manufacturing of high grade metal parts for aerospace, defense, medical/prosthetic implant markets. These are markets in which Arcam’s Electron Beam Melting (EBM) technology is perfectly suited (see interview with Arcam AB CEO: http://3dprintingstocks.com/arcam-ab-ceo/ ).

 

Arcam trades under tickers ARCM.ST on the Nasdaq OMX Nordic and AMAVF in the US as an ADR.


 

Arcam has strong start in 2015 with 5 orders announced YTD:


Earnings Conference Call Today:

Time: February 5, 2015 at 9:00 a.m. EST / 3:00 p.m. CET 

Phone numbers:  US: +1 6465025116 , SE: +46 856642691 ,  UK: +442034281400

For registration please follow link: Arcam Q4 2014 Report

Make sure you are connected to the phone conference by calling in and register a few minutes before the conference begins.

 


Disclosure: I own shares of Arcam AB

Graphene 3D Lab Inc. gary siig

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