Shapeways (SHPW)
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Shapeways Receives Nasdaq Notice Regarding Late Filing of Quarterly Report on Form 10-Q
globenewswire.com· 2024-05-24 20:05
NEW YORK, May 24, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (NASDAQ: SHPW) ("Shapeways" or the "Company"), a leader in the large and fast-growing digital manufacturing industry, today announced that it received a notice (the "Notice") on May 22, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") advising the Company that it is not currently in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule"), which requires timely filing of all required periodic fina ...
Shapeways (SHPW) - 2023 Q4 - Earnings Call Transcript
2024-03-29 02:38
Company Participants Conference Call Participants Operator I would now like to turn the conference over to Nikki Sacks with Investor Relations. Please go ahead. Greetings, and welcome to Shapeways fourth quarter and year-end 2023 earnings call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the prepared remarks. As a reminder, the conference is being recorded. All forward-looking statements, including, without limitation, statements regarding our business ...
Shapeways (SHPW) - 2023 Q4 - Annual Report
2024-03-28 21:23
UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the transition period from _____to _____ Commission file number: 001-39092 SHAPEWAYS HOLDINGS, INC. (Exact name of registrant as specified in its charter) WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation) ...
Shapeways (SHPW) - 2023 Q4 - Annual Results
2024-03-28 20:25
Exhibit 99.1 SHAPEWAYS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS - Expands Q4 2023 Gross Margins to 46% and Increases Gross Profit by 23% vs the same quarter in the prior year - - Continues to Explore Strategic Alternatives to Maximize Shareholder Value - New York, NY, March 28, 2024 – Shapeways Holdings, Inc. (NASDAQ: SHPW) ("Shapeways" or the "Company"), a leader in the large and fast-growing digital manufacturing industry, announced its results for the fourth quarter and year ended December 31, 2 ...
Shapeways (SHPW) - 2023 Q3 - Earnings Call Transcript
2023-11-15 01:30
Shapeways Holdings, Inc. (NASDAQ:SHPW) Q3 2023 Earnings Conference Call November 14, 2023 5:00 PM ET Conference Call Participants Greetings, and welcome to Shapeways Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the prepared remarks. As a reminder, the conference is being recorded. All forward-looking statements, including, without limitation, statements regarding our business strategy, future financial and operating per ...
Shapeways (SHPW) - 2023 Q3 - Earnings Call Presentation
2023-11-15 00:37
Highly scalable industrial-grade digital manufacturing capabilities accelerates enterprise customer time to market, and enables access to flexible on-demand manufacturing services. 7 MANUFACTURING SERVICES | --- | --- | --- | --- | --- | --- | --- | |---------------------|--------------------|----------------------|-------------------------|-----------------------|-----------------|------------------------| | | | | | | | | | 24M+ | 1M+ | 180+ | 12 | 120+ | <1% | 98% | | Parts Manufactured1 | Global Customer ...
Shapeways (SHPW) - 2023 Q3 - Quarterly Report
2023-11-14 21:11
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ____________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to _____ Commission file number: 001-39092 ____________________ SHAPEWAYS HOLDINGS, INC. (Exact name of registrant as spe ...
Shapeways (SHPW) - 2023 Q2 - Earnings Call Transcript
2023-08-14 15:04
Financial Data and Key Metrics Changes - In Q2 2023, revenue was $8.4 million, flat compared to the prior year and in line with guidance, with strong growth in software and enterprise sales offset by lower marketplace and self-service sales [35] - Gross margins were 40% in Q2 2023, down from 43% in Q2 2022, primarily due to inflationary pressures and a varied product mix [13] - Adjusted EBITDA for Q2 was a loss of $6 million, compared to a loss of $4.3 million in the same quarter last year [36] - Cash, cash equivalents, and marketable securities totaled $24.7 million as of June 30, 2023, with a cash burn of approximately $7.4 million from operating activities during the quarter [14] Business Line Data and Key Metrics Changes - Software revenue increased by 40% in Q2 2023 compared to the same period last year, with year-to-date software revenues recognized at $1.4 million [28] - More than half of the revenues in Q2 came from enterprise customers, with double-digit growth in enterprise sales [8] Market Data and Key Metrics Changes - The company secured two new Tier 1 supplier contracts in the automotive sector, expected to generate over $2.8 million annually for the next seven years [32] - Two significant contracts in the medical sector are anticipated to generate approximately $2.5 million annually over the next three years [32] Company Strategy and Development Direction - The company is focused on executing its strategic plan, emphasizing software tools and services, and enterprise manufacturing solutions [27] - The acquisition of MFG is seen as a key contributor to growth, enhancing customer acquisition and retention through new software features [5][6] Management's Comments on Operating Environment and Future Outlook - Management believes the market is approaching an inflection point in the adoption of digital manufacturing solutions, positioning the company to capitalize on this opportunity [4] - The company anticipates revenue for Q3 2023 to be in the range of $8.5 million to $9 million, with expectations for continued improvement in gross margins [38] Other Important Information - A 1-for-8 reverse stock split was executed to meet the minimum $1 average closing price requirement for continued listing on the New York Stock Exchange [37] - The company completed a voluntary transfer of its stock listing to the Nasdaq Global Market, which is expected to reduce related expenses by 6% to 7% [15][52] Q&A Session Summary Question: Expectations for software sales growth - Management expects software sales to double this year, driven by increased bookings and improved customer acquisition [40] Question: Update on cash burn and future outlook - The company is focused on aligning resources with high-opportunity areas and anticipates significant cash burn improvement towards the end of the year [42] Question: Details on delayed order from Q2 - A key order worth approximately $600,000 was delayed from Q2 to Q3, which would have shown higher revenue growth for the quarter [55] Question: Software revenue in Q2 - Software revenue for Q2 was approximately $740,000, with expectations to double from last year's total of $1.8 million [56][57] Question: Contribution from new enterprise customers - The revenue metric includes contributions from new customer acquisitions, with sizable orders from large enterprise customers [58] Question: Timing for realizing benefits from new contracts - The company expects to start realizing benefits from new contracts in Q1 of the following year, with full benefits anticipated in 2024 [60]
Shapeways (SHPW) - 2023 Q2 - Quarterly Report
2023-08-14 11:54
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ____________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to _____ Commission file number: 001-39092 ____________________ ____________________ SHAPEWAYS HOLDINGS, INC. (Exact name of r ...
Shapeways (SHPW) - 2023 Q1 - Quarterly Report
2023-05-15 20:15
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ____________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to _____ Commission file number: 001-39092 ____________________ SHAPEWAYS HOLDINGS, INC. (Exact name of registrant as specifi ...