Shapeways Holdings (SHPWQ) AI Stock Analysis

• Market Cap: $7.00
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): -49.97
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 220
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial Goods
• EPS (TTM): N/A
• Shares Outstanding: 6,616,465
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 36 Underperform
• Price Target: ―

Shapeways Holdings is under significant financial pressure, with negative profitability and cash flow issues being the most critical factors. The lack of technical analysis data and the unfavorable valuation further contribute to a bearish outlook. The absence of earnings call insights or corporate events limits the ability to foresee any immediate positive catalysts.

Positive Factors

Business Model Strength

Shapeways' diverse service offerings in 3D printing and additive manufacturing position it well to cater to multiple industries, providing flexibility and scalability that can drive long-term growth.

Market Position

As a leader in digital manufacturing, Shapeways benefits from a strong market position that can attract strategic partnerships and expand its customer base, enhancing its competitive edge.

Debt Management

A low Debt-to-Equity Ratio indicates prudent financial management, providing Shapeways with a stable financial structure to support future growth and withstand economic fluctuations.

Negative Factors

Profitability Challenges

Persistent unprofitability and negative margins highlight operational inefficiencies, which could hinder Shapeways' ability to invest in growth and innovation over the long term.

Cash Flow Issues

Negative free cash flow indicates insufficient cash generation from operations, limiting financial flexibility and potentially affecting the company's ability to fund strategic initiatives.

Operational Challenges

Negative EBIT and EBITDA margins suggest operational challenges that need addressing to improve efficiency and profitability, crucial for sustaining long-term business viability.

Shapeways Holdings Business Overview & Revenue Model

Company Description

Galileo Acquisition Corp operates as a blank check company. The firm is formed under the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination.

How the Company Makes Money

Shapeways Holdings generates revenue through its comprehensive digital manufacturing platform, primarily by offering on-demand 3D printing services. The company charges customers for the production of custom parts and products, utilizing various materials and technologies to meet specific project requirements. Additionally, Shapeways provides value-added services such as design support and engineering consulting, which contribute to its earnings. The company may also engage in strategic partnerships with other technology firms and industrial clients to expand its service offerings and enhance its market reach.

Shapeways Holdings Financial Statement Overview

Summary

Shapeways Holdings faces significant financial challenges, with consistent losses impacting profitability and cash flow health. Despite a manageable debt position, the company struggles with negative net income and cash flow, highlighting the need for operational improvements.

Income Statement

Shapeways Holdings has shown consistent revenue figures with slight growth from $33.16M in 2022 to $34.46M in 2023. However, the company has struggled with profitability, displaying negative net income and margins over the years. The Gross Profit Margin remained relatively stable, but the EBIT and EBITDA margins are negative, indicating operational challenges.

Balance Sheet

The company's balance sheet reflects a moderate level of debt compared to equity, with a Debt-to-Equity Ratio of 0.14 in 2023. However, the Return on Equity (ROE) is negative due to the net losses, which indicates inefficiency in generating returns on shareholder investments. The equity ratio is favorable at approximately 69%, suggesting a decent equity cushion against liabilities.

Cash Flow

Cash flow analysis highlights sustained negative free cash flow, posing liquidity concerns. The Operating Cash Flow to Net Income ratio is unfavorable, reflecting insufficient cash generation from core operations. There is a noticeable decline in free cash flow, indicating pressure on financial flexibility.

Breakdown	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement
Total Revenue	―	―	―	―	―
Gross Profit	14.51M	14.30M	15.95M	―	12.17M
EBITDA	-41.87M	-18.67M	2.68M	-51.59K	-4.88M
Net Income	-43.91M	-20.22M	1.76M	-51.59K	-6.97M
Balance Sheet
Total Assets	38.87M	79.53M	93.72M	139.85M	15.96M
Cash, Cash Equivalents and Short-Term Investments	―	―	―	―	―
Total Debt	3.70M	2.43M	965.00K	0.00	9.92M
Total Liabilities	12.04M	11.74M	8.71M	134.85M	15.52M
Stockholders Equity	―	―	―	―	―
Cash Flow
Free Cash Flow	-29.64M	-30.69M	-12.02M	-587.23K	-7.08M
Operating Cash Flow	-26.85M	-20.57M	-8.06M	-587.23K	-6.90M
Investing Cash Flow	―	―	―	―	―
Financing Cash Flow	―	―	―	―	―

Shapeways Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
HIHO	53 Neutral	$4.88M	-8.98	-8.38%	9.60%	-19.68%	-2.61%
AIHS	39 Underperform	$4.92M	-0.38	―	―	-25.21%	24.90%
UGRO	39 Underperform	$3.40M	-0.14	―	―	―	―
SHPWQ	36 Underperform	$7.00	―	-163.68%	―	―	―