SLM Solutions generated record revenues of €26.9m and €69.4m for Q3 2022 and 9M 2022 respectively (Q3 2021: €19.3m / 9M 2021: 51.1 million euros) and posted a positive EBITDA of 1.5 million euros for Q3 2022 (Q3 2021: -1.4 million euros).

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OUR MISSION:

TO EMPOWER YOURS

2

CONTENTS

FINANCIAL HIGHLIGHTS

4

GROUP MANAGEMENT REPORT

5

INTERIM CONSOLIDATED ACCOUNTS

11

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS

19

3

FINANCIAL HIGHLIGHTS

Units

Q3 2022

Q3 2021

9M 2022

9M 2021

(in %)

(in %)

Revenue

kEUR

26,909

19,338

39%

69,384

51,074

36%

EBITDA

kEUR

1,507

(1,357)

n / A

(1,526)

(7,571)

80%

EBITDA margin (%

%

6%

(seven%)

n / A

(2%)

(15%)

85%

of sales)

Result for the period

kEUR

(2,457)

(3,713)

34%

(11,563)

(15,969)

28%

PES

USD

(0.10)

(0.17)

42%

(0.46)

(0.73)

36%

Order taking

kEUR

23,274

18,040

29%

62,707

42,786

47%

Backlog

kEUR

50,771

34,006

49%

50,771

34,006

49%

(At the end of)

4

GROUP MANAGEMENT REPORT

SLM Solutions Group AG (“SLM Solutions”, “SLM” or the “Company”) is a forward-thinking technology company that has consistently created world firsts in the field of metal additive manufacturing. SLM Solutions has a proud technological heritage as one of the main inventors of the process and continues to push the boundaries of additive manufacturing through the creativity of the company’s global workforce, over 40% of whom are engineers.

PRO FORMA INTERIM CONSOLIDATED INCOME STATEMENT

The following pro forma consolidated income statement is based on the cost of sales method of accounting which will be fully adopted starting with the annual report for fiscal year 2022. In the meantime, the company will provide a pro forma consolidated income statement and unaudited based on cost of sales accounting method. The restatement of prior period figures is estimated based on the best information available at the reporting date and will be audited by KPMG AG Wirtschaftsprüfungsgesellschaft as part of the annual audit.

(in kEUR)

9M 2022

9M 2021

Revenue

69,384

51,074

Cost of Goods Sold

(41,375)

(28,340)

Gross profit

28,009

22,734

Selling fees

(14,062)

(12,734)

Administrative costs

(16,058)

(17,385)

Research & Development costs

(7,607)

(7,084)

Other exploitation products

3,270

1,819

Other operating expenses

(670)

(548)

Earnings before interest and taxes (EBIT)

(7,118)

(13,196)

Interest and similar charges

(4,248)

(4,035)

Interest and other income

32

31

pre-tax profit

(11,334)

(17,200)

Income tax

(229)

1,231

Result for the period

(11,563)

(15,969)

Number of shares (in thousands)

25,020

21,961

Earnings per share

(0.46)

(0.73)

Earnings before interest and taxes (EBIT)

(7,118)

(13,196)

Depreciation

5,593

5,625

EBITDA

(1,526)

(7,571)

5

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Disclaimer

SLM Solutions Group AG published this content on November 10, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on November 10, 2022 07:16:08 UTC.

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All news about SLM SOLUTIONS GROUP AG

Analyst recommendations for SLM SOLUTIONS GROUP AG

2022 sales 100M
101M
101M
2022 net income -13.5M
-13.6M
-13.6M
Net debt 2022 68.6M
68.9M
68.9M
PER 2022 ratio -33.3x
2022 return
Capitalization 437M
440 million
440 million
EV / Sales 2022 5.05x
EV / Sales 2023 4.16x
# of employees 488
Floating 56.4%

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Number of analysts 3
Last closing price €19.92
Average target price €18.04
Average Spread / Target -9.43%


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