Revenue Performance - Total revenue for Q4 2024 increased by 0.6% to €65,680 k from €65,295 k in Q4 2023, driven by a 14.3% growth in the Materialise Medical segment[5] - For the full year 2024, total revenues increased by 4.2% to €266,765 k from €256,127 k in 2023, with a gross profit margin of 56.5%[9] - Revenue for the three months ended December 31, 2024, was $68,235,000, an increase of 4.2% compared to $65,680,000 in the same period of 2023[30] - Total revenues for the three months ended December 31, 2024, reached €65,680,000, a slight increase from €65,295,000 in the same period of 2023[40] - The total revenues for the twelve months ended December 31, 2024, were €266,765,000, an increase from €256,127,000 in 2023, representing a growth of 4.1%[40] Segment Performance - Materialise Medical segment revenue grew by 14.3% to €31,837 k in Q4 2024, with an Adjusted EBITDA margin of 30.0%, down from 33.6% in the prior year[6] - Materialise Software segment revenue decreased by 1.1% to €11,124 k in Q4 2024, with an Adjusted EBITDA margin of 10.1%, down from 11.2% in the previous year[7] - Materialise Manufacturing segment revenue fell by 13.3% to €22,719 k in Q4 2024, resulting in an Adjusted EBITDA margin of (13.2)%, compared to 2.1% in Q4 2023[8] - Segment adjusted EBITDA for the Medical segment for the twelve months ended December 31, 2024, was €35,562,000, representing an increase from €26,544,000 in 2023, a growth of 34%[40] - The Software segment's adjusted EBITDA margin for the three months ended December 31, 2024, was 10.1%, down from 11.2% in the same period of 2023[40] Profitability - Adjusted EBITDA for Q4 2024 decreased to €4,306 k from €8,474 k in the same period last year, while Adjusted EBIT amounted to (€1,195) k compared to €3,154 k in Q4 2023[5] - Net profit for 2024 was €13,406 k, or €0.23 per diluted share, compared to €6,695 k, or €0.11 per diluted share in 2023[19] - Net profit for the twelve months ended December 31, 2024, was $13,406,000, up from $6,695,000 in 2023, representing a 100.5% increase[34] - Adjusted EBIT for the twelve months ended December 31, 2024, was €9,741,000, compared to €9,886,000 for the same period in 2023, indicating a decrease of 1.5%[38] - Total comprehensive income for the twelve months ended December 31, 2024, was $11,615,000, up from $7,619,000 in 2023, reflecting a growth of 52.3%[31] Cash Flow and Capital Expenditures - Cash flow from operating activities for 2024 was €31,456 k, up from €20,157 k in 2023, with total capital expenditures of €26,377 k[21] - The company reported a net cash flow from operating activities of $31,456,000 for the twelve months ended December 31, 2024, compared to $20,157,000 in 2023, an increase of 56.0%[34] - Total cash reserves at the end of 2024 amounted to €102,304 k, down from €127,573 k at the end of 2023[20] - Cash and cash equivalents decreased to $102,304,000 as of December 31, 2024, from $127,573,000 in 2023, a decline of 19.8%[34] Expenses - Research and development expenses increased to $44,400,000 for the twelve months ended December 31, 2024, compared to $38,098,000 in 2023, reflecting a growth of 16.5%[30] - Corporate research and development expenses for the twelve months ended December 31, 2024, totaled €3,681,000, up from €2,785,000 in 2023[41] - Financial expenses for the twelve months ended December 31, 2024, were €4,516,000, compared to €3,865,000 in 2023, reflecting an increase of 16.8%[38] - The company incurred acquisition-related expenses of €24,000 in connection with the acquisition of Feops during the twelve months ended December 31, 2024[42] Assets and Equity - Total assets as of December 31, 2024, were $396,336,000, a slight decrease from $396,630,000 in 2023[32] - The company’s total equity attributable to the owners of the parent increased to $248,578,000 as of December 31, 2024, from $236,646,000 in 2023, a rise of 5.0%[33]

Core Viewpoint - The article emphasizes the importance of timing and sustainability in short-term investing, highlighting that a solid trend can lead to successful investments, but requires careful analysis of underlying factors [1][2]. Group 1: Stock Performance - Materialise (MTLS) has shown a significant price increase of 63.9% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 17.9% in the last four weeks, suggesting that the upward trend is still intact [5]. - MTLS is currently trading at 98.4% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - MTLS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks with strong fundamentals that can maintain their upward momentum [3]. - The article suggests that investors should consider other stocks that pass through this screening process for potential investment opportunities [8].

Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks [1]. Group 1: Recent Price Strength Screen - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with sufficient fundamental strength to maintain their uptrend [2]. - Stocks that pass this screen are trading in the upper portion of their 52-week high-low range, indicating bullishness [2]. Group 2: Materialise (MTLS) Stock Analysis - Materialise (MTLS) has shown a solid price increase of 37.5% over the past 12 weeks, reflecting investor confidence in its potential upside [3]. - The stock has also increased by 15.9% over the last four weeks, indicating that the upward trend is still intact [4]. - MTLS is currently trading at 85.7% of its 52-week high-low range, suggesting it may be on the verge of a breakout [5]. Group 3: Fundamental Strength and Ratings - MTLS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), indicating strong optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Investment Opportunities - Besides MTLS, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting potential investment opportunities [7]. - The article mentions that there are over 45 Zacks Premium Screens available for investors to find winning stock picks based on their personal investing styles [7].

Company Performance - Materialise (NASDAQ: MTLS) reported strong results in Q3, driven primarily by its Medical segment despite a challenging demand environment and headwinds from a business model transition in the Software segment [1] Investment Strategy - Narweena, an asset manager, focuses on identifying market dislocations due to poor understanding of long-term business prospects, aiming for excess risk-adjusted returns by targeting businesses with secular growth opportunities in markets with barriers to entry [1] - The research process emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and long-term investment horizon [1] Market Trends - An aging population with low growth and stagnating productivity is expected to create new investment opportunities, contrasting with past trends [1] - Many industries may face stagnation or secular decline, which could paradoxically enhance business performance as competition diminishes [1] - The economy is increasingly dominated by asset-light businesses, leading to a declining need for infrastructure investments over time [1] - A large pool of capital is pursuing a limited set of investment opportunities, resulting in rising asset prices and compressed risk premia [1]

Core Viewpoint - The article emphasizes the potential of Materialise (MTLS) as a strong value stock, supported by various financial metrics indicating it is undervalued compared to its industry peers [4][5][6][7][8]. Financial Metrics - MTLS holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4][3]. - The Forward P/E ratio of MTLS is 27.09, significantly lower than the industry average of 34.19, suggesting it is undervalued [4]. - The P/B ratio for MTLS is 1.30, compared to the industry average of 3.29, further indicating a favorable valuation [5]. - MTLS has a P/S ratio of 1.3, which is lower than the industry's average P/S of 3.11, reinforcing the notion of being undervalued [6]. - The P/CF ratio for MTLS is 8.83, which is attractive compared to the industry average of 9.08, highlighting its solid cash outlook [7]. Investment Outlook - The combination of these metrics suggests that MTLS is likely being undervalued at present, making it an appealing option for value investors [8].

Core Viewpoint - Materialise (MTLS) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Company Performance - Materialise is projected to earn $0.22 per share for the fiscal year ending December 2024, reflecting a year-over-year increase of 10% [8]. - Over the past three months, the Zacks Consensus Estimate for Materialise has risen by 37.5%, indicating a positive trend in earnings expectations [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Materialise's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

materialise innovators you can count on Q3 2024 Financial Results Conference call | October 24, 2024 www.materialise.com | NASDAQ: MTLS Safe Harbor Summary This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, our intentions, beliefs, assumptions, projections, outlook, analyses or current expectations, plans, objectives, strategies an ...

Materialise NV (NASDAQ:MTLS) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Harriet Fried - Investor Relations-Lippert/Heilshorn & Associates Brigitte de Vet-Veithen - Chief Executive Officer Koen Berges - Chief Financial Officer Conference Call Participants Troy Jensen - Cantor Fitzgerald Alexander Kramer - Kepler Cheuvreux Jacob Stephan - Lake Street Capital Markets Operator Good day, and thank you for standing by. Welcome to the Q3 2024 Materialise Financial Results Con ...

Exhibit 99.1 Revenue from our Materialise Software segment increased by 2.8% to 11,111 kEUR for the third quarter of 2024 compared to 10,811 kEUR for the same quarter last year. Segment Adjusted EBITDA increased by 10.9% to 1,975 kEUR from 1,781 kEUR while the segment Adjusted EBITDA margin was 17.8% compared to 16.5% for the corresponding prior-year period. Revenue from our Materialise Manufacturing segment increased by 9.1% to 27,344 kEUR for the third quarter of 2024 compared to 25,056 kEUR for the third ...

vm/E+ via Getty Images The last time I wrote about Materialise NV (NASDAQ:MTLS), I suggested that macro headwinds and ongoing investments would probably limit near-term upside, despite the company's favorable valuation. The stock is now up over 20% since then on the back of stronger-than-expected Q2 results. Growth investments and the transition to a cloud-based software business continue to weigh on margins and growth, but Materialise's business appears to be turning the corner. Headwinds should ease over ...