Replies to post #377 on Velo3D Inc (VLD)

[XFundManager]

Super strong quarter ?? lower operating expenses than q1, industry leader in PBF by eoy, revenue beat, improved margins, stable SBC of 5 million, recurring revenue expected to increase more than initial model, 95% of 2022 sales booked/recurring/realized, strong demand for XC increasing ASP. Nothing to complain about at all. Impressive execution Velo3d team!

Buller confirmed profitability on track for 2023 with better than expected accelerated growth. Margins are expected to grown from 6% to 45% and revenues growing over 400% YOY.

Line of credit secured up to 250M which was confirmed in 13F fillings. 142M in cash expected burn rate to slow and reverse by 2nd quarter 2023.

No need to raise cash as they have a revolving line of credit and won't dilute shareholders at a depressed price to raise cash.

One of the few companies that beat street estimates in this depressed market that is growing faster then they can keep up ! A great position to be in when have million is orders you have a backlog for your trying to catch up and fill.

$15.00 by year end now in play ! breaking all time highs as next 2 quarters are going to be even bigger !

Sandbagging estimates lower and over achieving is the way to go !