Proto Labs, Inc. Common stock Company profile
About Proto Labs Inc
Proto Labs, Inc. is a digital manufacturer of custom prototypes and on-demand production parts. The Company's segments include United States, Europe and Japan. Its primary manufacturing product lines include injection molding, computer numerical control (CNC) machining, three dimensional (3D) printing and sheet metal. It targets its products to product developers and engineers who use 3D computer aided design (3D CAD) software to design products across a range of end-markets. The Company's injection molding product line uses its 3D CAD-to-CNC machining technology for the automated design and manufacture of molds. Its CNC machining product line uses CNC machines to manufacture custom metal and plastic arts. Its 3D printing product line includes a range of technologies in plastics and metals, stereolithography and selective laser sintering, among others. Its sheet metal product line includes quick-turn and e-commerce-enabled custom sheet metal parts and assemblies.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Proto Labs Inc revenues increased 12% to $488.1M. Net income decreased 34% to $33.4M. Revenues reflect United states segment increase of 11% to $384.5M, Europe segment increase of 21% to $90.4M. Net income was offset by Europe segment income decrease of 94% to $730K, Corporate segment loss increase of 15% to $58.4M, United states segment income decrease of 1% to $98M.
Equity composition
Common Stock $.001 Par, 02/12, 150M auth., 23,187,708 issd. Insiders own aprrox.77.4%.
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