Revenue for the full year 2022 was US$0.63 mn, down from US$1.7 million in 2021. According to the company, this decrease was primarily due to fewer sales, and a decrease in contract additive manufacturing (AM).
Gross profit for the full year of 2022 was US$0.3 mn, compared to 2021 figures of US$1.1 mn.
“We have listened to the market and our customers,” said CEO Jacob Brunsberg. “The prior business model that depended on hardware retrofits did not meet the cost needs of the market and did not provide a scalable structure for Sigma. We have moved quickly to provide more cost effective integrated and software-only solutions that we believe significantly lower our barriers to entry and provide a faster path to scalability of connected quality solutions for the market.”
