3Q-2015 Earnings Conference Call



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Transcription:

3Q-2015 Earnings Conference Call November 10, 2015 www.sigmalabsinc.com 1

Forward Looking Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be preceded by, followed by or include the words believes, expects, anticipates, intends, plans, estimates or similar expressions. These statements are based on the beliefs and assumptions of our management. Generally, forward-looking statements include information concerning our possible or assumed future actions, events or results of operations. Although we believe that the expectations reflected in the forward-looking statements are based on reasonable assumptions, these forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. We cannot guarantee future results, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. All written and oral forward-looking statements made in connection with this presentation that are attributable to us or persons acting on our behalf are expressly qualified in their entirety by Risk Factors and other cautionary statements included herein. The information in this presentation is not a complete description of our business or the risks. There can be no assurance that other factors will not affect the accuracy of these forward-looking statements or that our actual results will not differ materially from the results anticipated in such forward-looking statements. Factors that could cause actual results to differ materially from those estimated by us include, but are not limited to, those factors or conditions described under Risk Factors in the Form 10-K for the year ended December 31, 2014. We caution the reader that undue reliance should not be placed on any forward-looking statements, which speak only as of the date of this presentation. We do not undertake any duty or responsibility to update any of these forward-looking statements to reflect events or circumstances after the date of this presentation or to reflect actual outcomes. 2

Recent Highlights Booked revenue of approx. $0.3 million for the quarter, versus approx. $0.1 million in the third quarter of 2014 Launched OEM Partner Program and Early Adopter Program to accelerate customer adoption of PrintRite3D Participated in leading industry events and hosted fall meeting of EWI s Additive Manufacturing Consortium bringing together leaders in the field at Sigma Labs Will be at formnext show in Germany and with Additive Industries later this month for product demonstrations and launch of AI s MetalFAB1 prototype machine Announced commercial availability of PrintRite3D CONTOUR (previously known as PrintRite3D DEFORM ) and installed at first customer Honeywell Aerospace Revenue growth expected to accelerate in 2016 3

Revenue Drivers Heading into 2016 1. Long term relationships Customers such as GE, Honeywell, and Materialise 2. New business from Early Adopter Program Active pipeline of companies across the aerospace, defense, and industrial landscape; signed Spartacus3D, with customer ties to Airbus and SAFRAN Group 3. OEM business with customers such as Additive Industries Discussions ongoing with several attractive OEMs globally which cannot yet be announced 4. Contract manufacturing Revenue from prototyping work increasing. Showcased at the recent EWI Fall Meeting, Sigma Labs manufacturing ability allows for constant internal R&D and testing as well as quality assurance and process control for an increasing number of AM customers 4

Financial Update / Outlook Ended 3Q 2015 with approx. $1.8 Million in cash and equivalents; approx. $2.9 Million in Stockholder Equity; no debt Gross profit increasing faster than revenue as business ramps Path to profitability on track with higher sales expected in 2016 New adoption programs in place, key positions filled Recognized as industry leader with the right products and partnerships to leverage rapidly-evolving AM space 5

Q&A Thank You 6