Velo3D Stock
VLD Stock : The shares of Velo3D ( VLD -3.81 percent) ran up 39 percent by 1:56 p.m. ET this Wednesday. The additive manufacturing firm was famous for having signed SpaceX as the first of its customers, has racked up a huge loss in the earnings reports of its subsidiary.
Revenue increased by 160% over the same period last year and by 60% from the prior quarter. Sales are increasing so quickly that Chief Executive Officer Benny Buller thinks the company could reach the top position in the industry within the fourth quarter.
What’s the question?
The second quarter of 2018, Velo3D recorded the sales of $19 million, which means that the company comes off a small base. In the year prior, the company was listed on the stock exchange through an acquisition company with special purpose (SPAC) and, as with many SPAC stocks, it could seem too young for investors who are conservative to think about. However, the possibilities are thrilling.
Velo3D has come up with a process which could (finally) deliver on the potential in 3D manufacturing. The machine that the company has developed, called Sapphire makes metal components by using lasers. Many companies that manufacture with additives do this. However, what is what makes Velo3D unique is the fact that the final product does not suffer the same degradation which is typical in the field.
Usually , a component made 3D produced requires support to stop them from breaking. With Sapphire 3D printer, no support is required. In addition is that there’s no requirement for parts to be designed specifically to print. In contrast to the other business and other printers, with Velo3D you can print your designs that you already have and the printer can print them immediately.
Velo3D Returns against. S&P
| 1 YEAR | 5 YEARS | 5 YEAR Annualized | SINCE IPO | |
|---|---|---|---|---|
| VLD | -53.05% | -68% | ||
| S&P | -8.59% | +49.71% | +8.40% | +6% |
Assets
QARTERLYAnnual
| Q3 2022 | YOY MODIFY | |
|---|---|---|
| Net Cash | $40.35M | -86.4% |
| Accounts Receivable | $23.29M | +188.7% |
| Inventory | 69.313 | +355.4% |
Liability
QARTERLYAn Annual
| Q3 2022 | YOY Change | |
|---|---|---|
| Long Term Debt | $17.57M | +12.9% |
| Short Term Debt | $4.59M | -68.1% |
Ratios
QuarterlyAnnual
| Q3 2022 | YOY Change | |
|---|---|---|
| Return On Assets | -8.9% | -71.7% |
| Return On Invested Capital | -97.1% | +15,905.7% |
Cash Flow
QARTERLYAnnual
| Q3 2022 | YOY MODIFY | |
|---|---|---|
| Free Cash Flow | -$28.62M | -25.6% |
| Operating Free Cash Flow | -$23.36M | -22.2% |
Valuation
QuarterlyAnnual
| Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | YOY MODIFY | |
|---|---|---|---|---|---|
| Price to Earnings | – | – | – | 37.03 | – |
| Price to Book | 11.71 | 15.45 | 5.11 | 3.99 | +237.0% |
| Price to Sales | 74.84 | 54.51 | 5.48 | 11.91 | -37.4% |
| Price to Tangible Book Value | 11.71 | 15.45 | 5.11 | 3.99 | +237.0% |
| Price to Free Cash Flow TTM | – | – | – | – | – |
| Enterprise Value to EBITDA | -70.76 | -56.75 | -6.16 | -23.96 | – |
| Free Cash Flow Yield | – | – | – | – | – |
| Return on Equity | -33.6% | -83.4% | -7.5% | -23.0% | -74.4% |
| Total Debt | $19.51M | $18.77M | $17.57M | $22.16M | -26.1% |
