EQS-News: SINGULUS TECHNOLOGIES publishes annual financial statements 2024

Press Release

SINGULUS TECHNOLOGIES publishes annual financial statements 2024

• Sales 2024: € 75.9 million, EBIT -€ 0.7 million, order intake 2024: € 77.2 million
• Realignment of the company for sustainable growth
• Forecast for 2025 is revenue of €105 - 115 million with EBIT in the mid-single-digit million range

Kahl am Main, March 28, 2025

SINGULUS TECHNOLOGIES generated revenue of € 75.9 million (previous year: € 73.2 million) and improved the EBIT to € -0.7 million (previous year: € -10.1 million). The EBITDA was positive and improved to € 1.9 million (previous year: € -7.3 million). The gross margin improved significantly to 33.6 % (previous year: 22.3 %) due to a changed product mix. The order intake rose to € 77.2 million (previous year: € 43.1 million) and the order backlog amounted to € 77.4 million at the end of the year (previous year: € 76.1 million). “The successful reduction of the economic break-even point and the realignment of SINGULUS TECHNOLOGIES are the basis for a positive EBIT in the coming years,” said Markus Ehret, Board Member of SINGULUS TECHNOLOGIES. The number of employees remained stable in 2024, with the SINGULUS TECHNOLOGIES Group employing 289 people as of December 31, 2024 (previous year: 292 employees).

On March 25, 2025, the Supervisory Board of SINGULUS TECHNOLOGIES AG approved the annual financial statements, the consolidated financial statements, and the combined management report of the company for the 2024 fiscal year and adopted the annual financial statements. The publication of the annual report 2024 was published today, March 28, 2025, on the company's homepage at: https://www.singulus.com/financial-reports/.

Realignment towards future markets

SINGULUS TECHNOLOGIES is vigorously pursuing technological development in order to position itself in high-growth future markets. Lars Lieberwirth, Board Member of SINGULUS TECHNOLOGIES: “We will increasingly focus on diversification and technological development in order to become less dependent on cyclical fluctuations in individual sectors and to tap into new revenue sources.” The combination of vacuum and wet-chemical processes enables SINGULUS TECHNOLOGIES to develop unique selling points for a wide range of applications. This will enable the company to achieve economies of scale in machine and plant engineering.

SINGULUS TECHNOLOGIES has expanded its position in the solar sector in recent years and is now the only European company to have expertise in both vacuum coating and wet-chemical processes, which are central production steps for thin-film and crystalline high-performance cells in photovoltaics. The development of processing systems for new cell formats such as perovskite/tandem cells is progressing successfully. The first orders have already been received.

In the coming years, SINGULUS TECHNOLOGIES will invest in the Semiconductor and Life Science segments, using innovations to open up new fields of work and further develop existing technologies in a targeted manner.

A particular focus is on developing new business areas in battery and hydrogen technology. In both areas, decisive milestones have already been reached, the first systems have been built and new orders have been received.

These developments underscore the future potential of SINGULUS TECHNOLOGIES' strategic realignment.

Forecast for 2025: growth and profitability as targets
SINGULUS TECHNOLOGIES expects significant growth in fiscal year 2025. Revenue is expected to increase to between €105.0 million and €115.0 million, while EBIT should be in the mid-single-digit million range. The company is aiming for a more balanced distribution of revenue across the Solar, Semiconductor and Life Science segments. The basis for the forecast is the completion of current projects without significant delays and the acquisition of further major new orders in the coming months.

SINGULUS TECHNOLOGIES relies on sustainable innovations, strategic partnerships, and targeted expansion into future markets to ensure long-term growth and economic stability. The transformation of the company is in full swing and lays the foundation for a successful future.

Thin-Film Coating and Surface Treatment

SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems for efficient thin-film coating and surface treatment processes, which are used worldwide in Photovoltaics, Semiconductor, Medical Technology, Packaging, Glass & Automotive as well as Battery & Hydrogen markets.

The company’s core competencies include various processes of coating technology (PVD sputtering, PECVD, evaporation), surface treatment as well as wet-chemical and thermal production processes. SINGULUS TECHNOLOGIES sees sustainability as an opportunity to position itself with innovative products. In the focus are environmental awareness, efficient use of resources and avoidance of unnecessary CO₂ pollution. SINGULUS TECHNOLOGIES attaches great importance to responsible and sustainable corporate governance.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5
Contact:
Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279
Bernhard Krause, Tel.: +49 (0) 172 833 2224