FINANCIAL RESULTS FOR Q2 2022
19 September 2022
VIGO IN A NUTSHELL
35years of experience | VIGO IS A WORLD LEADER IN HIGH-TECH SOLUTIONS - |
THE MOST ADVANCED MID-INFRARED PHOTONIC DETECTORS, | |
and operations | DETECTION MODULES AND SEMICONDUCTOR MATERIALS |
Headquarters in Poland
and branch offices in USA
220 highly qualified and experienced experts
(1 Professor, 14 PhDs and >60 engineers)
25distributors in 18countries
supporting sales of solutions
Listed on the WSE since 2014
Approx. PLN 400 million
capitalisation
Operating in a fast-growing infrared market supported by demand and economic- technology trends
Unique technology and innovative, high-end solutions, tailored to customer needs
6,500 m2 of production space - complete production line for semiconductors
Ambitious development strategy to maintain a 20-30% annual growth rate
Business relationships with global corporations (Safran, Emerson, Caterpillar, TRUMPF, to name a few)
Over 2.5 times growth in revenue and EBITDA over the last 5 years (2017-2021)
6 detectors successfully used in Mars missions
Support for stable long-term
shareholders
AGENDA
- EXECUTIVE SUMMARY
- SUMMARY OF Q2 2022 ACHIEVEMENTS
- FINANCIAL RESULTS FOR Q2 2022
- PERSPECTIVES
EXECUTIVE SUMMARY
Q2 2022 SUMMARY
- The second best quarter in terms of generated revenues of PLN 20.3 million (+13% y/y)
- Record inflow of new sales orders +30% y/y increase in Q2
- Lower operating results related to the intensive development of the Company's sales network and the preparation of further development projects
- A number of VIGO initiatives undertaken as a response to the increased volatility of the market environment
-
Continuation of the development of new technologies
and the commercialization process of the existing and new solutions in the framework of the VIGO 2026 Strategy - Completion of the clean room construction and launch of the production
- VIGO detectors selected by NASA for the Orion mission
- Change of name to VIGO Photonics
Epiwafers | Infrared detetctors |
Infrared detection modules
4
SUMMARY OF Q2 2022 ACHIEVEMENTS
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Vigo System SA published this content on 19 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2022 15:19:06 UTC.