Shape Robotics realize growing sales in Q1 and maintains the full year financial guidance
Company Announcement No. 26-2021
Copenhagen, April 5, 2021
Shape Robotics realized sales in Q1 2021 for MDKK 2.15, compared to MDKK 2.00 in Q1 2020, a growth of more than 7% despite continued covid-19 lock-downs in most of the Company’s main markets.
The revenue came mainly from danish customers (40%) and the rest was export, mostly to some of the Company’s other main markets in UK, Russia and The Netherlands.
The contribution margin for Q1 2021 is expected to improve from 46% in Q1 2020 to a range of 48-50% in Q1 2021.
The Company maintains the expectations for the full year revenue in 2021 (MDKK 14-17).
Never miss important news
Sign up to the Shape Robotics Investor Newsletter here
About Shape Robotics A/S
Shape Robotics is a Danish robotics company with a strong position in the global educational technology (”EdTech”) market. The Company has developed Fable, a unique modular robot that makes it easy and fun for students to build and program their own robots. Since the launch of Fable in 2017 thousands of robots have been sold and shipped to schools around the world.
Shape Robotics helps educational institutions provide excellent teaching that will prepare students for a fast-changing future where digital technologies, artificial intelligence, and automation are transforming life and work. Fable is a modular robot that students can build in seconds. The robot system is robust, can withstand everyday usage in classrooms and can be used to solve demanding tasks. Students code Fable depending on their experience - from simple block programming to coding in the advanced Python language. Comprehensive teaching materials have been developed in collaboration with professional educators. Therefore, Shape Robotics provides complete teaching solutions for educational institutions from the 3rd grade to high-school and vocational schools.
In 2020 Shape Robotics launched a new telepresence robotics system called Fable Connect. The system enables schools to get homebound students back in the classroom using the robot as a communication device. The product broadens the company’s offering and has been well received by the Danish Schools. Hundreds of Fable Connect robots are now being used at schools and hospitals, mainly by children with long-term health issues. The market for Fable Connect is expected to grow and become an important product for the company in the years to come.
David Johan Christensen, CEO Shape Robotics A/S
Tel. (+45) 2685 0903
Email: [email protected]
Certified advisor contact
Invitation to presentation of BIMobject's report for the third quarter of 2021
BIMobject will publish its report for the third quarter of 2021 on Friday, 29 October, 2021 at 08:30 (CEST).Shareholders, analysts and the media are welcome to a digital report presentation on the same day at 14:00 (CEST) where CEO Carl Silbersky and CFO Martin Lindh will present BIMobject's res...
Inbjudan till presentation av BIMobjects rapport för det tredje kvartalet 2021
BIMobject offentliggör sin rapport för det tredje kvartalet 2021 fredagen den 29 oktober 2021 klockan 08:30 (CEST).Aktieägare, analytiker och media är välkomna till en digital rapportpresentation samma dag klockan 14:00 (CEST) där vd Carl Silbersky och CFO Martin Lindh presenterar BIMobjects resulta...
Närstående transationer i Nord Insuretech Group AB
Nord Insuretech Group AB meddelar i dag att Strategic Investments (styrelseledamoten Kim Mikkelsen) har förvärvat 65 132 aktier i Nord Insuretech Group AB. Aktierna köptes i den löpande handeln på Nasdaq First North Growth Market Stockholm under den 21 oktober till 0,95 kronor per aktie. Steian Inve...
Största ägare i Nord Insuretech Group AB caller 100% av sina teckningsoptioner (7 199 990) med pris 1 SEK
Nord kan meddela att större aktieägare har calletteckningsoptioner i bolaget. I enlighet med bolagsstämmor 2020 (se nyhetsrum) finns det 22 375 458 teckningsoptioner, genomfört som riktad emission. Villkor; En (1) teckningsoption berättigar till teckning av en (1) ny aktie i bolaget till en te...