voxeljet AG Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2014

Segment reporting

The following table summarizes segment reporting. The sum of the amounts of the two segments equals the total for the Group in each of the periods.

           
 
 
Quarter Ended December 31, (unaudited) Year Ended December 31,
2014 2013 2014 2013
(€ in thousands, except gross profit margin)
Revenues
Systems 4,247 2,458 9,057 6,343
Services 2,691   1,235   7,106   5,345  
Total revenues 6,938   3,693   16,163   11,688  
 
Cost of sales
Systems (2,440 ) (1,273 ) (5,756 ) (3,838 )
Services (1,510 ) (895 ) (4,082 ) (3,207 )
Total cost of sales (3,950 ) (2,168 ) (9,838 ) (7,045 )
 
Gross profit
Systems 1,807 1,185 3,301 2,505
Services 1,181   340   3,024   2,138  
Total gross profit 2,988   1,525   6,325   4,643  
 
Gross profit margin (%)
Systems 42.5 % 48.2 % 36.4 % 39.5 %
Services 43.9 % 27.5 % 42.6 % 40.0 %
Total gross profit margin (%) 43.1 % 41.3 % 39.1 % 39.7 %

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