Materialise Reports Second Quarter 2024 Results

Segment P&L (Unaudited)

In 000€ Materialise
Medical
Materialise
Software
Materialise
Manufacturing
Total
segments
Unallocated
(1)
Consolidated
For the three months ended June 30, 2024
Revenues

28,141

11,226

29,429

68,797

0

68,797

Segment (adj) EBITDA

8,199

1,374

2,416

11,990

(2,802)

9,188

Segment (adj) EBITDA %

29.1%

12.2%

8.2%

17.4%

13.4%

For the three months ended June 30, 2023
Revenues

24,945

11,030

28,835

64,810

0

64,810

Segment (adj) EBITDA

2,683

1,973

2,708

7,364

(2,608)

4,755

Segment (adj) EBITDA %

10.8%

17.9%

9.4%

11.4%

7.3%

 
In 000€ Materialise
Medical
Materialise
Software
Materialise
Manufacturing
Total
segments
Unallocated
(1)
Consolidated
For the six months ended June 30, 2024
Revenues

54,324

21,665

56,445

132,434

0

132,434

Segment (adj) EBITDA

16,120

2,464

3,947

22,531

(5,248)

17,283

Segment (adj) EBITDA %

29.7%

11.4%

7.0%

17.0%

13.1%

For the six months ended June 30, 2023
Revenues

49,265

22,381

59,056

130,702

0

130,702

Segment (adj) EBITDA

10,035

4,409

5,906

20,350

(5,285)

15,066

Segment (adj) EBITDA %

20.4%

19.7%

10.0%

15.6%

11.5%

 
(1) Unallocated segment adjusted EBITDA consists of corporate research and development and corporate other operating income (expense), and the added share-based compensation expenses, acquisition related expenses of business combinations, impairments and fair value of business combinations that are included in Adjusted EBITDA.

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