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DDD's revenues soar on increased royalties

Mon, 20th Feb 2012 12:05

A sharp increase in royalty payments from original equipment manufacturers (OEMs) saw revenues go through the roof in 2011 at DDD, the AIM-listed 3D solutions company.Though its auditor has not finished totting up the numbers yet, DD said it expects revenue for the year ended December 31st to be up 173% from the previous year, in line with its expectations. Revenue is set to reach $5.5m, boosted by nearly a 200% increase in royalty revenues to $4.5m from original equipment manufacturer licensees. Gross margin is expected to be 94%, up two percentage points from 2010. Cash at the year-end was around $3.1m.Chris Yewdall, DDD's Chief Executive Officer said: "During the second half of the year we established a greater balance of revenue contribution from the TV, PC and smartphone markets. This reduces our dependency on any single customer and on seasonal demand in any specific market."Our TriDef 3D solutions continue to lead the field in the rapidly growing 3D consumer device market, shipping in more than nine million products in 2011."The growth in PC software shipments reflects our focus on signing agreements in this market since late 2010. We expect 2012 growth to continue as existing license agreements become active, as we develop opportunities in the emerging smartphone and tablet market, and as shipments by our existing licensees develop in the PC, TV and smartphone markets."NR
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24 Apr 2014 08:56

DDD Wins Technology Contract With Chinese Manufacturer For 3D Tablets

LONDON (Alliance News) - DDD Group PLC said Thursday it has licensed its Tridef 3D Mobile content technology to Chinese manfuacturer Dongguan Longfar Optoelectronics Technology Co Ltd for its glasses-free 3D tablets. Dongguan will use the technology on its new range of tablets to convert ph

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15 Apr 2014 13:06

DDD revenue slides, but looks ahead with confidence

DDD Group, an AIM-listed 3D solutions company, on Tuesday posted a 61 per cent slump in annual revenues, pushing the group into the red. For the 12 months ended December 31st, turnover fell to $3.4m from $8.62m a year earlier, which was primarily due to a decline in shipments from the 3D PC market.

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15 Apr 2014 11:59

UK MIDDAY BRIEFING: Imperial Tobacco To Close Two European Factories

LONDON (Alliance News) - Imperial Tobacco Group Tuesday said it will close factories in Nottingham and in Nantes in France with the loss of up to 900 jobs, in response to the continuing downturn in European cigarette markets.

Companies including GKN, Aggreko and rec

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15 Apr 2014 10:51

UK WINNERS & LOSERS: Aggreko, GKN Lead FTSE 100 Risers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.

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FTSE 100 - WINNERS

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Aggreko, up 2%. The temporary power supplier is a big gainer after the

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15 Apr 2014 07:58

DDD Shares Drop As It Swings To Loss On 3D PC Slump

LONDON (Alliance News) - Shares in DDD Group PLC Tuesday dropped 21% after it swung to a pretax loss in 2013, hit by lower shipments of its 3D imaging technology in the ailing PC market, although it expressed confidence that it can return to growth in 2014. The company posted a pretax loss

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15 Apr 2014 07:50

UK MORNING BRIEFING: Aggreko Leads After Mixed Results

LONDON (Alliance News) - Aggreko is leading the FTSE 100 in early trading Tuesday after the temporary power company said it has seen mixed results in its first quarter, with strong underlying revenue growth in two of its three regions being impacted by adverse currency movements as previously exp

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8 Apr 2014 09:10

DDD Licences TriDef Technology For Glasses-Free 3D Products

LONDON (Alliance News) - DDD Group PLC said Tuesday it has licensed its TriDef 3D mobile content technology to Hong-Kong based technology company CVision Technology Co Ltd. CVision will use the technology for its new glasses-free 3D tablet and smart phone display products. CVision also will

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18 Mar 2014 10:58

DDD Group Signs Deal To Boost 3D Programming

LONDON (Alliance News) - DDD Group PLC said Tuesday it has partnered with WingsMedia to bring the latter's World 3D travel programming to DDD's streaming 3D video service. The imaging and 3D services company said it has teamed up with the Shanghai-based media firm to make the WingsMedia lin

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17 Mar 2014 12:30

DDD Group Appoints Patent Advisor

LONDON (Alliance News) - Imaging and 3D solutions company DDD Group PLC Monday said it has appointed patent monetization business IP Navigation Group (IPNav) as its strategic patent advisor. DDD and IPNav will closely collaborate to develop a focused patent licensing programme. "DDD h

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17 Mar 2014 08:35

DDD appoints strategic patent advisor

DDD Group, the imaging and 3D solutions company, has appointed IP Navigation Group (IPNav) as its strategic patent advisor. The group, which has created an "extensive" international patent library, selected IPNav to assist it in evaluating strategic options for its patent rights. IPNav will clos

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6 Mar 2014 12:36

DDD Launches Yabazam 3D Movie App With Panasonic Smart TVs

LONDON (Alliance News) - DDD Group PLC said Thursday that it has launched its Yabazam 3D movie application on Panasonic Viera Connect 3D Smart televisions. The application allows owners of the Smart TV's to access a range of 3D programming. It will become available to Panasonic customers in

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20 Feb 2014 11:50

UK WINNERS & LOSERS: BAE Systems, Rexam Lead FTSE 100 Fallers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS Centrica, up 3%. The major energy supplier's shares have jumped despite it reporting that pretax profit fell 32% to GBP1.65

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20 Feb 2014 11:03

DDD falls on full-year revenue decline

DDD Group fell on Thursday after revealing its total full-year revenue would be less than half that achieved in 2012, hit by a drop in demand for its 2D to 3D conversion software. Revenue at the 3D solutions provider for the 12 months ended December 31st is expected to be just $3.4m, compared to $8

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20 Feb 2014 09:07

DDD Says Full-Year Revenue To Be Hit By Continued PC Market Decline

LONDON (Alliance News) - DDD PLC said Thursday that it expects revenue for the full-year to be more than halved compared with the previous year, as it saw demand fall for its 2D to 3D conversion software due to the continued decline of the personal computer market. DDD expects revenue for t

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7 Jan 2014 08:22

AIM IN BRIEF: H&T Says Profit As Expected, But Gold Price Has Hurt

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