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, | ||||||||||||
| 2018 | 2017 (1) | 2018 | 2017 (1) (2) | ||||||||||
| (€ in thousands, except gross profit margin) | |||||||||||||
| Revenues | |||||||||||||
| Systems | 5,246 | 3,146 | 12,248 | 11,534 | |||||||||
| Services | 3,328 | 2,962 | 13,761 | 11,644 | |||||||||
| Total revenues | 8,574 | 6,108 | 26,009 | 23,178 | |||||||||
| Cost of sales | |||||||||||||
| Systems | (3,589) | (1,817) | (8,540) | (7,276) | |||||||||
| Services | (2,134) | (1,687) | (8,324) | (6,577) | |||||||||
| Total cost of sales | (5,723) | (3,504) | (16,864) | (13,853) | |||||||||
| Gross profit | |||||||||||||
| Systems | 1,657 | 1,329 | 3,708 | 4,258 | |||||||||
| Services | 1,194 | 1,275 | 5,437 | 5,067 | |||||||||
| Total gross profit | 2,851 | 2,604 | 9,145 | 9,325 | |||||||||
| Gross profit margin (%) | |||||||||||||
| Systems | 31.6% | 42.2% | 30.3% | 36.9% | |||||||||
| Services | 35.9% | 43.0% | 39.5% | 43.5% | |||||||||
| Total gross profit margin (%) | 33.3% | 42.6% | 35.2% | 40.2% | |||||||||
| (1) Comparative figures for the year ended December 31, 2017 were restated for immaterial errors. For further information, see Form 20-F filed with the SEC on March 28, 2019, Part III, Item 18. Financial Statements, Note 6 “Correction of errors” |
| (2) voxeljet AG has initially applied IFRS 15 and IFRS 9 as of January 1, 2018. Under the transition methods chosen, comparative information has not been restated. |
