XTPL Reports Moderate Sales Growth and Plans New Business Line

XTPL S.A. announced commercial sales of PLN 6.7 million for the first three quarters of 2024, a decrease from PLN 9.2 million during the same period in 2023. Key drivers of revenue included the delivery of Delta Printing System (DPS) devices. The company secured four additional orders for these devices, mainly from North America, contributing positively to Q4 figures.

As part of its strategy to achieve PLN 100 million in sales by the end of 2026, XTPL plans to introduce a new business line in 2025 aimed at HMLV production, leveraging existing customer interest. The first prototypes are expected next year.

XTPL's R&D efforts are complemented by grants, amounting to PLN 1.1 million in the first three quarters of 2024, down from PLN 1.7 million the previous year. The Company's cash position stood at PLN 4.7 million as of September 30, 2024.