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

Share this Article

lulzbotAs we swim in a sea of wildly differing and often quite subjective opinions on the future of 3D printing, numerous economic reports say that the industry as a whole will indeed grow in strength and popularity, as well as in substantial revenues. Nearly every market connected to 3D printing is projected to expand, from materials to peripheral products and technologies as well, like the Internet of things.

But in watching the big dogs of the industry lose some of their luster, and especially as earnings time rolls around, confidence in the future of 3D printing could begin to falter if you stopped there. There are, however, a number of smaller companies and manufacturers around the world that are thriving, producing 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 certainly a perfect example. Home to LulzBot 3D printers, and headquartered in Loveland, Colorado, they’ve just released 2016 results for the second quarter and six months, rolling along very nicely in the black:

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

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

“The desktop 3D printing industry is transforming countless other industries, with a flight to quality as end users look for the best solutions to address their needs.” Aleph Objects, Inc. President and CEO Jeff Moe said. “We are expanding our production capabilities and are eager to continue serving our users around the world as the 3D printing industry grows.”

TAZ 6

The LulzBot TAZ 6 from Aleph Objects.

Following the release of the TAZ 6, they also again updated their Cura LulzBot Edition, a free software package that converts files to GCode—also allowing for user control of the LulzBot 3D printer. In the materials business as well, they released High Temperature PLA from Proto-pasta, meant to offer greater strength and heat resistance. For more advanced users, Aleph also introduced the LulzBot TAZ FlexyDually Tool Head v2, a toolhead (compatible with all of their TAZ printers) that allows for hobbyists and pros to make all sorts of items from living hinges and gaskets to wearables and more.

With so much success behind them already, it is of course no surprise to hear Aleph Objects point out that this quarter’s revenue came about via strong product performance from not just their 3D printers, but also accessories and materials. In analyzing internal customer surveys, they found ‘strong growth’ in both personal and professional use for their desktop 3D printers, spanning a range of applications. The surveys, according to the company, also indicated that 98% would indeed recommend LulzBot products. Discuss further in the Aleph Objects Q2 Earnings forum over at 3DPB.com.

multi-material-3d-print_0

LulzBot TAZ FlexyDually Tool Head v2

Facebook Comments

Share this Article


Recent News

MIT: Automated System Designs and 3D Prints Optimized Actuators and Displays to Spec

3D Printing in Construction: French Startup XtreeE Announces New Facility in Dubai



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

Featured

Modular, Digital Construction System for 3D Printing Lightweight Reinforced Concrete Spatial Structures

Spatial structure systems, like lattices, are efficient load-bearing structures that are easy to adapt geometrically and well-suited for column-free, long-spanning constructions, such as hangars and terminals, and in creating free-form...

Thixotropy, Nanoclay and the Optimal Parameters of 3D Printed Concrete

In ‘The Effect of Material Fresh Properties and Process Parameters on Buildability and Interlayer Adhesion of 3D Printed Concrete,’ international authors strive to understand more about materials and parameters in...

Twikit Showcases Mass Customized Braces and Automotive Parts at Rapid 2019

Belgian mass customization software company Twikit showcased a number of mass customization cases and applications at RAPID + TCT 2019. The Twikit team was able to show BMW Group’s Mini...

An Indian Bioprinting Startup is Working on 3D Printed ‘Liquid Cornea’ for Corneal Grafts

In the last few years, there has been a continuous growth of bioprinting companies around the world, probably because the medical field is one of the most exciting industries taking...


Shop

View our broad assortment of in house and third party products.


Print Services

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our 3DPrint.com.

You have Successfully Subscribed!