BRUSSELS: Belgium’s 3D printing and software company Materialise reported revenue of $121.4 million for their most recent financial year of 2016. The company, who trade as an ADR on the U.S. NASQDAQ stock exchange, has more than 25 years of 3D printing experience into a range of software solutions and 3D printing services.
Total revenue at Materialise for 2016 increased by 12.2% and resulting in gross profit of $71.8 million.
However the company’s net loss widened with full year losses of $3.18 million compared to $3.03 million for 2015.