SINGULUS TECHNOLOGIES reports preliminary Key Financial Figures for the First Half of 2024

EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Half Year Report/Half Year Results SINGULUS TECHNOLOGIES reports preliminary Key Financial Figures for the First Half of 2024 28.08.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. Press release

SINGULUS TECHNOLOGIES reports preliminary Key Financial Figures for the First Half of 2024

• Order intake increased to € 52.3 million
• Strong gross margin at 31.8%
• Reorganization of financing completed
• Positive development in the semiconductor segment
• Important order for application in the battery sector
• Joint venture with JINCHEN SOLAR

Kahl am Main, August 28, 2024 - SINGULUS TECHNOLOGIES AG publishes preliminary key financial figures for the first half of 2024. Sales amounted to € 40.7 million in the first half of 2024 and were thus at the previous year's level of € 41.7 million. Sales of € 20.1 million were generated in the second quarter of 2024 (previous year: € 25.3 million). EBIT for the second quarter of 2024 was positive at € 0.5 million (previous year: € 0.2 million), while EBIT for the first half of 2024 was also positive at € 1.2 million (previous year: € -0.7 million).

The gross margin was 31.8% in the first half of 2024, up on the previous year's level of 26.6%. Freely available liquidity amounted to € 5.1 million as of June 30, 2024, compared to € 11.5 million as of December 31, 2023. Incoming orders in the reporting period more than doubled to € 52.3 million, compared to € 24.1 million in the same period of 2023. Incoming orders amounted to € 19.1 million in the second quarter of 2024 (previous year: € 10.0 million). The order backlog continued to grow and reached € 70.4 million (previous year: € 67.2 million). SINGULUS TECHNOLOGIES and Triumph Science and Technology Group Co. Ltd. based in Beijing ("Triumph") successfully concluded an agreement on the reorganization of the financing in August 2024.