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Four Consecutive Profitable Quarters: Aleph Objects Releases Q2 Results for 2016

by • August 3, 2016 • No Comments

lulzbotAs we swim in a sea of wildly differing and frequently really subjective opinions on the next of 3D printing, numerous economic reports say which the industry as a whole can indeed grow in durablity and popularity, as well as in significant revenues. Nearly each market connected to 3D printing is projected to expand, of materials to peripheral products and technologies as well, like the Internet of things.

But in watching the big dogs of the industry lose a few of their luster, and especially as earnings time rolls around, confidence in the next of 3D printing may start to falter if you stopped there. There are, yet, a number of additional compact companies and manufacturers around the world which are thriving, making new products and programs—and keeping our fingers tapping on the keyboards continuously as progress, and sales, ensue.

Jeff Moe, CEO

Jeff Moe, CEO

Aleph Objects, Inc. is pretty a ideal example. Home to LulzBot 3D printing equipment, and headquartered in Loveland, Colorado, they’ve only released 2016 results for the 2nd quarter and six months, rolling along quite nicely in the black:

For the 2nd quarter of 2016, the company reported revenue of $5.8 million USD, recording four consecutive profitable quarters.The 2nd quarter 2016 represents an 83% improvement in year-over-year revenue versus 2nd quarter 2015.As of year-to-date 2016, the company reported profitable performance on revenue of $10.5 million.

We’ve pretty been watching—and reporting—as Aleph Objects tripled revenues in 2015, opened a new fulfillment center in Australia, and many exciting: they released the LulzBot TAZ 6 in May, retailing at $2500 USD. This all happened, of course, yet in the midst of excellent acclaim and popularity for both the TAZ 5 and the Mini.

“The PC 3D printing industry is transforming countless other industries, with a flight to high end as end users appear for the most solutions to address their needs.” Aleph Objects, Inc. President and CEO Jeff Moe said. “We are growing our production capabilities and are ready to go on serving our users around the world as the 3D printing industry grows.”

TAZ 6

The LulzBot TAZ 6 of Aleph Objects.

Following the release of the TAZ 6, they in addition again updated their Cura LulzBot Edition, a free software box which converts files to GCode—in addition enabling for user control of the LulzBot 3D printing device. In the materials business as well, they released High Temperature PLA of Proto-pasta, intended to contribute excellenter durablity and heat resistance. For additional high end users, Aleph in addition added the LulzBot TAZ FlexyDually Tool Head v2, a toolhead (compatible with all of their TAZ printing equipment) which allows for for hobbyists and pros to manufacture all sorts of items of living hinges and gaskets to wearables and additional.

With so much good results behind them may already, it is of course no surprise to hear Aleph Objects point out which this quarter’s revenue came of via sturdy product performance of not only their 3D printing equipment, but in addition accessories and materials. In analyzing internal customer surveys, they discovered ‘sturdy growth’ in both very own and pro use for their PC 3D printing equipment, spanning a range of applications. The surveys, according to the company, in addition indicated which 98% may indeed recommend LulzBot products. Discuss additional in the Aleph Objects Q2 Earnings forum over at 3DPB.com.

multi-material-3d-print_0

LulzBot TAZ FlexyDually Tool Head v2