will We through everybody. to Welcome to and Thank we'll the you very then call, presentation much. Hi, Q&A. the go open it
Turning to Slide number X.
It is Our quarters two XXXX, quarter was of now. The the are a there a asking to our growth times, is stellar is, the that Canadians an excellent QX was QX quarter this X and excellent about quarter. organic was last growth Actually, growth company of of three about long in until of -- each XXXX, quarters in all, highlights all in follows were speak it key time the best for it's an quarters. were and first QX, now not these and numbers, other quarters also people some who XX%. our half organic opinion, lying about for
same XXXX. the in is higher the is quarter from from growth from XX%, Our -- by higher first year last and XX% revenue half is
bottom the by quarters on and adjusted up there for left gross XXX% about both non-IFRS. first in XX% increased And or IFRS the half, dramatically you're margins for the to XX% and the can from went margin. in gross XX%, and margin column see in and our they importantly, depends is comparison More gross you speaking quarter if
of and cannot companies last see weeks, Certain we of names one In dramatic a from per the to buying in that one amount similar missing space I more been got have. and and that new right product customers. the the are the few that there lines because all over come disclose we you'll successes column, I've major things orders machines across of order lot
purpose very, DeepCube artificial are intelligence, having the and DeepCube to seems importance. DeepCube And very, recognize install it building -- interested them very the learning buy technology by center or operations, They their the to and by remember, are profit a machine is the in operations other our network, getting the a On companies itself now for cloud deep important originally generator machines needs, manufacturing inside very other that on of other machines manufacturing we by network exciting. like -- become going DeepCube bought revenue our cloud itself. and applying but to advancement
five under long-term on process and already in contracts the four customers basis. we It's the a signing and have of process or
world one call-it out ago. years are doable. DeepCube of sorry, already the have advancement is I important instead the We Everything R&D is I in is manufacturing materials for most semiconductor's to happening everybody DeepCube already raised materials. the in machine contrary people -- artificial industry It's be interested this signed may intelligence. and company what in The that as of else two the contract. system largest the is of you money key The is when who in DragonFly told thing me, and is engine the additive telling rollout
in will quarters, investment industry all In advancement, we over and this invested have tradeshows. in November materials three R&D we we our announce year. have which materials, the in a And major we major almost in
forward, specifics. Moving financial
actual of XXXX both revenue, XX% to don't XXXX. You can and QX Growth and QX since myself as numbers. rounding profit of see growth negative expense. the I $XX the the repeat comparison QX in was a -- it of was $XX the you -- organic million, in out $XX first to but The because million close of want which I'm said EBITDA statement I figures, and of loss and slide, R&D see million here
we an because expense investment. it capitalize is it it is don't but yes, So,
We at million proxy kind didn't is a am $X a on so I was choice. we But choice operation as but money. so $XX into concerned a of activity a QX from legal spend unnecessary all is of time million, waste is much -- cash which for the have [indiscernible] that. net-net The made forced only used is $XX.X don't million. have cash, We've in money really been the we net we
$XX year $XX as interest, year basis, $XX per-quarter interest the close million, a we making on in rate to are get a So as today. million per about million per
of will at on at 'XX, $XX it's to the slide end $XX rate the growth company $X million XXXX continue same quarter XX if next measured of the the was a the QX be QX months million describe to -- basis. of of the year. rate, you from revenue the at to which run we Every the where last The million
the down quarter this bottom everybody If to did lines. last on our companies in its you compare is in what down quarters, of few industry other this its revenue,
up. are We
it non-cash actually and expenses you in granting an left IFRS options, business non-cash basically results on are Next that out the slide on graphically, of revenue the kind -- expenses shows basis as the revenue performs. is or all of right describes the cost, side to it show taking Non-IFRS and sorry, of to on actual and side the cash margins margins the both -- it non-IFRS.
that comparing other Next had We had we dropped are you XX% that or all shows the out and XX in that one than shrinkage statement companies our the this everybody slide maybe the of has including and Europe. growth just growth, I group. And four one, public, just to see before. X% about made year is five net can you performance a of chose is peer
general meeting. meeting I annual subject, is which -- in can't skip my most fight general proxy favorite the annual
shareholders I'm vote. there if called shareholders are on are to -- call You sure are there -- the
to that There being now. The you two which choices. is and keep We revoted. propose, three have basically people days one have have vote more be what you -- to is last the we is to XX Board
the will We with strong fundamentals from past. continue
We rate. have revenue with run of XX% XX% growth
about Stratasys in this supposedly what have down our was And XX M&A XD up. to from Everybody's to very five down large in except X. down companies. XX.X going from to buy buy XX. us. this us whole then proposal happened Stratasys removed notice two are went consolidation (ph) which to industry ahead three activity them share went we collapsed. We to went went of and M&As all of We M&A Stratasys, when
went from around supposed our have to because X.X, months to with offer two merger something, the somewhere Stratasys. I think is our X. dollar to this back and And all Desktop which all a share down from this X.X last up over and to while hovering then went Metal we pulled X.X
under something. says cash, but that we're moving still It's So the you, forward. mind
If our website, They're historical want you'll there. screen them. listed side be you the on this look at left course able numbers, the and to presentation to on I here on the don't is of repeat see
go-to-market strong base a established R&D programs. and global very have for We
the continue. than which This money is quarter to last money more growth, not invests, eight a when I company and small described over every have something delivered invested forget lines along now, will typical strong quarters the XX%. the we was have raised and organic We
or Walt activist. in the activist in in at all hedge when side that Elliott any look them get no price by certain total much I Icahn into Nelson as you other When run will the wanted Nano's in the target that on will they be very businesses other as happened activist they up. the activity an want market, what so side, serious the share Carl bigger into eventually the which is business shareholders the to any the they much, of margin Peltz or be with have wanted understanding business, improving On get red, group the into alternative to companies, Gas, get selling way Disney, way as of than and up as proposed the end as much, them came vote much attempting to with analysis the when gross has to of wanted the in companies to Southwestern go they mean all to fund, by a for, at a so when companies, right of other location changing Athenahealth, if much understanding business the being or business
or not That's (ph) because the don't case here. have we here Elliott Starboard
now. billion, the kind or players, share the high which over a positioned cash, so family to value have $X.X which meticulously have maintained and the Stratasys, and use we we your Because prices cash a now growth was in $X.X share to totally money because per liquidity. $X We and of him, the which beyond to much a get it the -- we including careful, right something share, have market that it's to the we the this that cash year business too is trying expand we're were call wants small $X.X
the they not opportunistic. bios, of on Mind some one read not to they handcuffed. $XX,XXX of Each be when but if totally going even the you, self-interested It's elected. $X,XXX, is paid worth It's to golden get to They're Board. but just got nice put they're $XX,XXX. nominees the bios them list their them I have
when to that they when you or a organization be been a will Are them shareholder. voting You do share, to company have that I'm it. think it. about less paid before it they independent? thinking to happen? wants they I I'm an your voted. Think about Directors liquidate in for $X by about want
the to you the course, side, respect next add in to of your that red if will vote to you slide. I'll vote. So I want for happen, and we that invite
is fake Everything head about I my data over let bent I bad data published me it last to year a but fake and news. lot say of saw slide factual. and over, and I that the Contrary
maybe about a We Murchinson, judge. is is as court for that in gentleman called right based employees in the we are meeting illegal when on XX Analyst March, data. Senior in side, he based I Sarfaty shareholder dealing asked the It's on testifying Moshe oath When were main a example think. speak by I not the their Sarfaty. it's under red before an honorary was what slide talking out the with and Moshe of
exactly the intend want you understand do said, to don't understand. We activity The change now answer, good you good do don't really and I what what don't to because I is idea The a to court, if do the XD not it's what no printing. judge here. Board. I is have What? analyze
one other I is the is think in only the that the almost knows word Murchinson, company. about This unnecessary. person any something
He know testifying. is does nothing. he him, For
work for want the happen, way, So if will that. down to I you shareholders. By this will respect because I step I
change they partners, I'm the to if these want not kind are make to money to will work running want I'm I not welcoming them, investors, worry them, the than be we shareholders them. stay company. over with to under us. and And they I'm of They I will am to cannot more stay with vote there. want promising be people, Board the liquidate, the unless beside take If not them. welcoming If shareholders, with they if company they unfortunately, want Murchinson, to them, But
I've -- new. not so and announced it's it So before
much and now I call, challenging hope and I me questions ask can ask all answer. you that very will hope you usually will I join And questions the you on like the you you Thank tough you. are the -- to of us.