Velo3d, Inc. · NASDAQ:VELO
Velo3d — Q1 2025 Earnings Presentation
17 slides from Velo3d's earnings presentation, May 13, 2025
Slide 1: First Quarter 2025 Supplementary Slides
First Quarter 2025 Supplementary Slides May 13, 2025 New
Slide 2: Disclaimer: Forward Looking Statement
Confidential & Proprietary | Disclaimer Forward Looking Statement This presentation includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1996. The company’s actual results may differ from its expectations, estimat
Slide 3: Successful Launch of Rapid Production Services (RPS)
Successful Launch of Rapid Production Services (RPS) Rapid Production Solutions Overview Expands addressable market – growing demand for high-quality parts Accelerates path to production – concept / design to printed parts Leverages in-house technology expertise for reliable / consistent part produc
Slide 4: Demand Mix Shift to RPS is Underway
Early traction from new go-to-market strategy, with both new and existing customers, particularly in the defense and aerospace industries where domestic supply chain resiliency is a priority Demand Mix Shift to RPS is Underway Up 3X Dramatic Increase in RPS Backlog Attracting New Customers Accelerat
Slide 5: $15M Master Services Agreement with Momentus, Inc.
$15M Master Services Agreement with Momentus, Inc. Delivering production parts through our RPS offering Innovative Partnership Model Payment via combination of Momentus common and convertible preferred stock Velo3D’s stake capped at 9.99% of Momentus’ outstanding shares Benefits & Strategic Impact A
Slide 6: Velo3D & Amaero Forge Strategic Alliance to Propel Metal 3D Printing Innovation
Velo3D & Amaero (ASX:3DA) Forge Strategic Alliance to Propel Metal 3D Printing Innovation Five-year exclusive supply agreement aiming to revolutionize metal additive manufacturing Exclusive Supply Amaero will provide Velo3D with Niobium C103, titanium, and other critical refractory alloys Advanced
Slide 7: Velo3D Teams Up with Ohio Ordnance Works for 3D Printed Military Weapons
Velo3D Teams Up with Ohio Ordnance Works, Inc. for 3D Printed Military Weapons Velo3D to provide engineering and design services to optimize components in additive manufacturing Partnership Partnering with Ohio Ordnance Works to provide engineering, design, and analysis for their 3D Printed Militar
Slide 8: New Order for Sapphire XC Metal 3D Printer
New Order for Sapphire XC Metal 3D Printer Mears Machine Corporation enhances its additive manufacturing capabilities with purchase of fourth system Velo3D & Mears Machine Partnership Sale of fourth Velo3D Sapphire XC printer for additive manufacturing Printer configured for nickel super-alloy H282
Slide 9: Strengthened governance to improve decision-making and oversight
Strengthened governance to improve decision-making processes and reinforce oversight of strategic execution Enhancements to Leadership and Governance Appointed Brice Cooper as Vice President of Defense and Government Relations Brings More Than 25 Years of Leadership Experience in the Defense Industr
Slide 10: Financials Overview
Confidential & Proprietary | Financials Overview New
Slide 11: Financial Summary
Financial Summary Reconciliations to U.S. generally accepted accounting principles (GAAP) financial measures are presented under “Non-GAAP Financial Information.” Non-GAAP Operating Expenses excludes stock-based compensation. Adjusted EBITDA excludes interest expense, tax expense, depreciation and a
Slide 12: 2025 Outlook
2023 Outlook * Q423 / FY 2023 gross margin ranges excludes impact from non-recurring charges 2025 Outlook FY 2025 Guidance as of May 13, 2025 Revenue: $50M - $60M - >30% annual growth Gross margin: >30% exiting 2025 Non-GAAP Opex: $40M - $50M* Capex: $15M - $20M Expect to achieve EBITDA profitabilit
Slide 13: Thank You!
Thank You!
Slide 14: Disclaimer: Non-GAAP Financial Information
Disclaimer Non-GAAP Financial Information The Company uses non-GAAP financial measures, such as Non-GAAP / Adjusted operating expenses, EBITDA, Adjusted EBITDA, Adjusted EBITDA excluding merger related transactional costs, loss on convertible note modification, and Non-GAAP net (loss), to help it ma
Slide 15: Non-GAAP Reconciliation - Non-GAAP Operating Expenses (Unaudited)
Non-GAAP Reconciliation - Non-GAAP Operating Expenses (Unaudited)
Slide 16: Non-GAAP Reconciliation - Adjusted EBITDA (Unaudited)
Non-GAAP Reconciliation - Adjusted EBITDA (Unaudited)
Slide 17: Non-GAAP Reconciliation - Non-GAAP Net Loss (Unaudited)
Non-GAAP Reconciliation - Non-GAAP Net Loss (Unaudited)