Materialise(US:MTLS)2025-04-24 18:15Financial Performance - Revenue increased by 4.3% to 66.4 million EUR in Q1 2025 compared to 63.6 million EUR in Q1 2024 [16, 18] - Adjusted EBIT decreased by 75.7% to 646 kEUR in Q1 2025, representing 1.0% of revenue, compared to 2.7 million EUR in Q1 2024 [20, 14] - Adjusted EBITDA decreased by 24.1% to 6.1 million EUR in Q1 2025, representing 9.3% of revenue, compared to 8.1 million EUR in Q1 2024 [20] - Net loss was (535) kEUR, representing (1) EUR-ct per share [14] Segment Performance - Medical segment revenue increased by 18.7% to 31.1 million EUR in Q1 2025 compared to 26.2 million EUR in Q1 2024 [23, 25] - Software segment revenue decreased by 6.4% to 9.8 million EUR in Q1 2025 compared to 10.4 million EUR in Q1 2024 [27, 28] - Manufacturing segment revenue decreased by 5.5% to 25.5 million EUR in Q1 2025 compared to 27.0 million EUR in Q1 2024 [30, 31] Other Financial Data - Net cash position increased by 6.7 million EUR to 67.7 million EUR over Q1 2024 [14] - Deferred revenue from software licenses and maintenance increased to 48.9 million EUR [18] - The company is targeting a 55% reduction in CO2 emissions by 2029, with a 32% reduction achieved since 2019 [9] Financial Guidance - The company maintains its prior guidance for 2025, expecting consolidated revenue within the range of 270 to 285 million EUR and consolidated Adjusted EBIT within the range of 6 to 10 million EUR [44]