(2) Comparative figures for the year ended December 31, 2019 were revised related to the recalculation of the performance participation interest related to the Finance Contract with the EIB. For further information, see Form 20-F filed with the SEC on March 30, 2021, Part III, Item 18. Financial Statements, Note 2 “Preparation of financial statements” to the consolidated financial statements.
Segment reporting
The following table summarizes segment reporting. The sum of the amounts of the two segments equals the total for the Group in each of the periods.
|
|
|
|
|
|
|
|
||||
|
Quarter Ended December 31, (unaudited) |
Year Ended December 31, |
|||||||||
|
2020 |
|
2019 |
|
2020 |
|
2019 |
||||
|
(€ in thousands, except gross profit margin) |
||||||||||
Revenues |
|
|
|
|
|
|
|
||||
Systems |
6,695 |
|
|
7,274 |
|
|
12,556 |
|
|
13,454 |
|
Services |
2,164 |
|
|
2,277 |
|
|
9,011 |
|
|
11,148 |
|
Total revenues |
8,859 |
|
|
9,551 |
|
|
21,567 |
|
|
24,602 |
|
|
|
|
|
|
|
|
|
||||
Cost of sales |
|
|
|
|
|
|
|
||||
Systems |
(4,294 |
) |
|
(4,707 |
) |
|
(8,115 |
) |
|
(9,170 |
) |
| Services |
(1,587 |
) |
|
(1,972 |
) |
|
(6,697 |
) |
|
(8,256 |
) |
| Total cost of sales |
(5,881 |
) |
|
(6,679 |
) |
|
(14,812 |
) |
|
(17,426 |
) |
|
|
|
|
|
|
|
|
|
||||
| Gross profit |
|
|
|
|
|
|
|
||||
| Systems |
2,401 |
|
|
2,567 |
|
|
4,441 |
|
|
4,284 |
|
| Services |
577 |
|
|
305 |
|
|
2,314 |
|
|
2,892 |
|
| Total gross profit |
2,978 |
|
|
2,872 |
|
|
6,755 |
|
|
7,176 |
|
|
|
|
|
|
|
|
|
|
||||
| Gross profit margin (%) |
|
|
|
|
|
|
|
||||
| Systems |
35.9 |
% |
|
35.3 |
% |
|
35.4 |
% |
|
31.8 |
% |
| Services |
26.7 |
% |
|
13.4 |
% |
|
25.7 |
% |
|
25.9 |
% |
| Total gross profit margin (%) |
33.6 |
% |
|
30.1 |
% |
|
31.3 |
% |
|
29.2 |
% |
