Microvision - DER Durchbruch ( Seite 10)

die shorties haben echt ein rad ab.

für den nächsten rave in der dorfdizze empfehle ich

und tagsüber kann manfred seinen golf gti damit frisieren.

Nomad auf dem pic?
Was die shorts betrifft weiß ich nicht. Auf jeden Fall haben sie Verluste einfahren müssen. Zweifelsohne ist die Käuferseite sehr stark, evtl wissen da einige mehr. Dennoch muss in den nächsten Wochen Klarheit über NOMAD-Honda kommen. Wann sind den Q-Zahlen mit CC?

M3

nächste Woche CC mit Zahlen, Freitag. Ansonsten schön, MVIS wieder 2stellig zu sehen...

http://www.partsandpeople.com/articles/frontpage/Microvision…

10000 Nomaden in diesem Jahr? Würde 40 Mio$ Umsatz allein aus diesem Bereich bedeuten. Würden sie es schaffen, tatsächlich 5000 units dieses Jahr auszuliefern bei 4000$ wäre das auch schon gigantisch. Eine Volume-Order adhoc noch, und die Geschichte ist endgültig durch.
Dieses Jahr ist MVIS trotzdem schon ganz gut gelaufen...

nice weekend

Microvision Reports 2003 Revenue of $14.7 Million; Company Announces Nomad Expert Technician System is in Initial Stage of Commercial Production

BOTHELL, Wash.--(BUSINESS WIRE)--March 10, 2004--Microvision, Inc. (Nasdaq:MVIS), a leader in light scanning technologies, today reported financial results for the fourth quarter and full year of 2003. Revenue for the twelve months ended December 31, 2003 was $14.7 million compared to $15.9 million for the same period in 2002. Revenue for the fourth quarter of 2003 was $4.0 million compared to $3.2 million for the same period in 2002. The company had previously reported that it expected fourth quarter of 2003 revenue to be $4.6 million and revenue for 2003 to be $15.2 million, however, revenue was negatively impacted by the timing of a $950,000 contract at Lumera that was awarded later in the fourth quarter than anticipated. As a result, Lumera refocused its efforts to completing the development of commercial products for launch in the first quarter of 2004 and later in the year. Consolidated revenue for 2003 was derived from ongoing work on development contracts with U.S. military and commercial customers, sales of the Nomad(R) Augmented Vision System, sales of the Flic(R) Laser Bar Code Scanner, and development contracts at its subsidiary, Lumera. For the twelve months ended December 31, 2003, revenue from development contracts with U.S. government agencies was $7.1 million, revenue from commercial contracts was $6.4 million and revenue from product sales was $1.2 million.

For the twelve months ended December 31, 2003, Microvision reported a consolidated net loss of $26.2 million or $1.46 per share compared to a net loss of $27.2 million or $1.93 per share for the same period in 2002. For the three months ended December 31, 2003, the company reported a consolidated net loss of $5.2 million or $.26 per share compared to a net loss of $6.9 million or $.46 per share for the same period in 2002. For the twelve months ended December 31, 2003, net cash used in operating activities was $26.4 million compared to $28.0 million for the same period in 2002.

The company, including Lumera, ended the year with $21.8 million in cash, cash equivalents and investment securities and backlog of $3.8 million. Additions to backlog subsequent to year-end total $1.1 million.

The company indicated that it expects revenue for the first quarter of 2004 to be approximately $3.5 million depending on the progress of work performed under certain development contracts and the number and timing of Nomad units shipped during the quarter. The Nomad Expert Technician System is currently in the initial phase of commercial production and the first commercial units are expected to ship before March 31, 2004. The company has begun taking orders for Nomad and expects to have orders for more than 100 units by the end of the quarter, representing a value of approximately $400,000. The company also indicated that it expects a record quarter with respect to sales of its Flic bar code scanner, with revenue of $600,000 or higher. Contract revenue for both Microvision and Lumera will also be modestly lower than originally anticipated ($200,000 to $300,000) due to the utilization of resources to bring commercial products to market.

"Overall results for 2003 were solid, with strong growth in revenue from commercial development contracts, higher revenue from product sales, a reduced cash burn and a stronger balance sheet," said Rick Rutkowski, Microvision`s CEO. "We achieved a number of milestones that will serve as the platform for our future growth, including the sale of 100 Nomad units to the Stryker Brigade; the recent launch of the Nomad Expert Technician System and the development of the automotive maintenance application; the launch of Flic Cordless and the increasing sales activity through both direct sales and NCR; significant progress in the automotive HUD market; continuing development work with Canon and the U.S. military; and a number of important developments at Lumera, including its first commercial product introductions for Wi-Fi antennas.

"During the fourth quarter of 2003, we achieved a number of milestones, including booking $3.4 million in commercial contracts, a record level for a quarter. Our commercial activity included the largest contract to date with Canon and a development contract for a laser print engine.

"The outlook for 2004 is very positive, as we believe the stage is set for significant revenue growth that will be driven primarily by product sales, particularly sales of the Nomad system which we believe will begin to ramp significantly in the second quarter and throughout the rest of the year.

Product Update

"We continue to work closely with Honda in anticipation of a rollout of the Nomad Expert Technician System to its dealers. In addition to dealers, the potential applications with Honda have expanded to include some of its parts assembly operations. The next step is to complete a product certification process that Honda requires of all of its tools. The certification process is expected to be underway this week.

"In addition to Honda, we have been working with other OEMs and distributors from whom we have consistently received excellent feedback and strong interest. We are building a backlog of orders for the Nomad Expert Technician System and we are very excited about the potential for success in this very large market segment. According to the Automotive Aftermarket Industry Association the service portion of the automotive aftermarket is estimated at $132 billion in 2003, with roughly $59 billion of that coming from labor. Sales of tools used in aftermarket service and maintenance were estimated at $7.9 billion for the year.

"We have a proposal under evaluation by the U.S. Army to supply Nomad units to the next Stryker Brigade Combat Team, which is expected to deploy during the second quarter. The feedback from the field for our first order of 100 units, which were deployed in November to Iraq, has been very positive. The units have performed well in a very demanding environment and we are encouraged about our prospects for a follow-on sale in the second quarter.

"We expect to have a record quarter for sales of the Flic bar code scanner in the first quarter with sales coming from NCR, other distributors and web-based unit sales. The web-based sales are typically evaluation orders and may serve as leads for potentially much larger orders. We are also encouraged with the large volume opportunities that are being pursued by NCR and we expect resulting sales volume to ramp throughout the year.

"Last month, Lumera introduced its first commercial products, two antennas for the high growth Wi-Fi market. The company has focused its sales launch for the products on high volume categories including commercial hotspot operators and OEM customers. One potential customer, a large hotspot operator, has concluded its lab test of the antenna and is now engaged in field-testing of the unit. Another prospective OEM customer, a large computer manufacturer, will shortly begin evaluating the device for possible integration into a laptop computer. The company believes that the products offer compelling cost and performance advantages aimed at a growing market and we are excited about its near term and long term prospects.

Development Update

"Development work on automotive head-up displays (HUDs) continues to progress toward the product development phase and opportunities relating to this application are beginning to accelerate. During 2003 we were awarded 3 contracts for $1.3 million to build and deliver prototype units to Volkswagen and several Tier 1 suppliers. Recently, a Microvison prototype HUD, along with competing HUDs, was installed in an automobile for evaluation and testing by a consumer focus group. We believe the advantages that we can deliver over competing LCD-based HUDs include superior performance, smaller overall package size, and a larger viewing area. We are seeing increasing interest by automakers for HUDs and are now in discussion with several new OEMs and Tier 1 suppliers.

"Work continues to progress under our largest contract to date with Canon to provide pre-commercial microdisplay prototypes for potential application in consumer product designs, including digital camera and digital video camera designs. Work also continues under the $1.0 million contract with an Asian manufacturer of printers and office equipment to develop a MEMS-based scanning engine for high-speed laser printers.

"Lumera was awarded a $950,000 follow-on contract with a U.S. government agency to continue development of high-performance electro-optic polymer materials and devices for wideband optical modulators, bringing the total amount awarded for this project to $3.6 million. In addition, Lumera expects to move quickly from development to commercial products for two other applications of its proprietary materials technology and we expect to report on those product introductions soon.

"We are very excited about 2004 and believe that we are set to achieve record revenue growth as both Microvision and Lumera introduce compelling products to high growth markets."

Conference Call

zum Glück ist MVIS dieses Jahr schon gut gelaufen... jetzt hilft nur noch ein guter CC und v.a. seriöse Nomad-Verkäufe. 100Stück bisher ist hoffentlich nur der Anfang.
Sonst müssen die wirklich wieder schnell Geld holen. Die army schießt einige Mio$ weniger zu...