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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

Year

2023

2022

2021

2020

Total Revenue

189.7M

209.02M

112.41M

16.47M

Cost of Revenue

199.79M

193.95M

94.11M

31.52M

Gross Profit

-10.09M

15.07M

18.29M

-15.05M

Operating Expenses

344.29M

248.03M

194.16M

77.01M

Research and Development

85.1M

96.88M

68.13M

43.14M

Selling, General & Administrative Expenses

106.61M

151.16M

126.04M

33.87M

Selling & Marketing Expenses

40.33M

68.09M

47.99M

13.14M

General & Administrative Expenses

66.27M

83.06M

78.04M

20.73M

Other Expenses

121.43M

304.85M

0

0

Operating Income

-323.22M

-232.96M

-175.87M

-92.06M

Total Other Income/Expenses Net

-3.15M

-10.08M

-68.55M

57.1M

Income Before Tax

-326.38M

-741.84M

-270M

-91.37M

Income Tax

-3.1M

-1.5M

-29.67M

-940k

Net Income

-323.27M

-740.34M

-240.33M

-90.43M

Basic EPS

-10.03

-23.52

-9.22

-5.73

EPS Diluted

-10.03

-23.52

-9.22

-5.73

Basic Average Shares

32.22M

31.48M

26.08M

15.79M

Diluted Average Shares

32.22M

31.48M

26.08M

15.79M

EBITDA

-268.66M

-689.34M

-243.84M

-26.13M

Retained Earning Schedule

Year

2023

2022

2021

2020

Retained Earnings (Previous Year)

-1.31B

-568.61M

-384.69M

28.52M

Net Income

-323.27M

-740.34M

-240.33M

-90.43M

Stock Repurchases

-250k

-243k

-541k

0

Dividend Paid

0

0

0

0

Retained Earnings

-1.63B

-1.31B

-568.61M

-384.69M

Other Distributions

-323.52M

-740.59M

-184.46M

-413.21M

PPE Schedule

Year

2023

2022

2021

2020

Gross PPE

65.56M

56.27M

58.71M

12.16M

Annual Depreciation

53.62M

50.76M

26.02M

8.5M

Capital Expenditure

-2.76M

-11.52M

-28.9M

-1.43M

Net PPE

14.71M

17.03M

61.6M

5.09M

Intangible and Goodwill Schedule

Year

2023

2022

2021

2020

Acquisitions and Adjustments

-112.95M

-526.35M

637.05M

0

Goodwill (Previous Year)

112.95M

639.3M

2.25M

2.25M

Goodwill

0

112.95M

639.3M

2.25M

All figures are in USD.

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