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DM - Desktop Metal, Inc.

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Desktop Metal, Inc.

DM

NYSE

Inactive Equity

Desktop Metal, Inc. engages in manufacture and sale of additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Production System, an industrial manufacturing solution; Shop System, a mid-volume binder jetting platform; X-series platform for serial production binder jet 3D printed metal, ceramic, or composite parts, balancing speed, and quality; and Studio System, an office metal 3D printing system; and Fiber platform that offers a desktop 3D printer. In addition, it provides Xtreme 8K platform, designed for industrial, high-temperature production of end-use photopolymer parts, and uses high-powered light sources with a water-cooled DLP chip; Einstein series, designed for dental professionals which offers 3D printing; P4K platform offers series of advanced DLP printer models designed for volume production in precision applications; Envision One platform; which leverages patented CDLM technology for high-volume production of end-use photopolymer parts; D4K Pro platform, designed for jewelry and chairside settings; S-Max platform, which provides digital casting solution; and Robotic Additive Manufacturing, or RAM, platform that offers robotic 3D printing solutions. Further, the company offers S-Print, an entry-level solution for prototypes and small series production in digital casting applications; and 3D-Bioplotter platform which offers biofabrication solution. Additionally, the company provides binder jetting materials, DLP and CDLM photopolymer resins, BMD materials, micro-AFP materials, and bioprinting materials. It serves automotive, aerospace, healthcare and dental, consumer products, heavy industry, machine design, and research and development industries. The company was founded in 2015 and is headquartered in Burlington, Massachusetts.

4.96 USD

0.05 (1.01%)

DM Financial Statements

Quarter

2024 Q3

2024 Q2

2024 Q1

2023 Q4

Total Revenue

36.41M

38.93M

40.6M

52.35M

Cost of Revenue

33.24M

71.12M

42.81M

42.06M

Gross Profit

3.16M

-32.19M

-2.21M

10.29M

Operating Expenses

36.88M

69.14M

45.93M

40.85M

Research and Development

11.5M

17.14M

19.81M

17.66M

Selling, General & Administrative Expenses

25.38M

51.99M

26.11M

23.19M

Selling & Marketing Expenses

8.05M

25.8M

11.15M

11.74M

General & Administrative Expenses

17.33M

26.19M

16.22M

15.6M

Other Expenses

0

24.24M

0

0

Operating Income

-33.72M

-101.33M

-48.13M

-30.56M

Total Other Income/Expenses Net

-1.46M

-1.77M

-2.91M

308k

Income Before Tax

-35.18M

-103.09M

-52.3M

-176.96M

Income Tax

264k

-345k

-198k

-2.43M

Net Income

-35.45M

-103.44M

-52.1M

-174.53M

Basic EPS

-1.07

-3.13

-1.6

-5.37

EPS Diluted

-1.07

-3.13

-1.59

-5.37

Basic Average Shares

33.27M

33.09M

32.56M

32.48M

Diluted Average Shares

33.27M

33.09M

32.71M

32.48M

EBITDA

-25.64M

-29.57M

-26.66M

-162.31M

Retained Earning Schedule

Quarter

2024 Q3

2024 Q2

2024 Q1

2023 Q4

Retained Earnings (Previous Year)

-1.79B

-1.68B

-1.63B

-1.46B

Net Income

-35.45M

-103.44M

-52.1M

-174.53M

Stock Repurchases

376k

-48k

-328k

-103k

Dividend Paid

0

0

0

0

Retained Earnings

-1.82B

-1.79B

-1.68B

-1.63B

Other Distributions

-35.07M

-103.49M

-52.43M

-174.63M

PPE Schedule

Quarter

2024 Q3

2024 Q2

2024 Q1

2023 Q4

Gross PPE

48.29M

48.8M

60.33M

65.56M

Annual Depreciation

7.74M

71.83M

24.15M

13.52M

Capital Expenditure

-129k

-588k

-93k

-53k

Net PPE

40.67M

-22.44M

36.27M

52.1M

Intangible and Goodwill Schedule

Quarter

2024 Q3

2024 Q2

2024 Q1

2023 Q4

Acquisitions and Adjustments

0

0

0

-108.65M

Goodwill (Previous Year)

0

0

0

108.65M

Goodwill

0

0

0

0

All figures are in USD.

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