Financial Snapshot

Revenue
$174.6M
TTM
Gross Margin
-28.9%
TTM
Net Earnings
-$376.4M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
259.51%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$99.84M
Q2 2024
Cash
Q2 2024
P/E
-0.4135
Sep 13, 2024 EST
Free Cash Flow
-$84.07M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $189.7M $209.0M $112.4M $16.47M $26.44M $0.00
YoY Change -9.25% 85.95% 582.5% -37.71%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $189.7M $209.0M $112.4M $16.47M $26.44M $0.00
Cost Of Revenue $199.8M $194.0M $94.12M $31.52M $50.80M
Gross Profit -$10.09M $15.07M $18.29M -$15.05M -$24.36M
Gross Profit Margin -5.32% 7.21% 16.27% -91.37% -92.13%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $106.6M $151.2M $126.0M $33.87M $30.03M
YoY Change -29.47% 19.93% 272.12% 12.78%
% of Gross Profit 1002.96% 688.98%
Research & Development $85.10M $96.88M $68.13M $43.14M $54.66M
YoY Change -12.16% 42.19% 57.94% -21.08%
% of Gross Profit 642.81% 372.44%
Depreciation & Amortization $53.63M $50.77M $24.85M $8.589M $8.087M
YoY Change 5.64% 104.26% 189.37% 6.21%
% of Gross Profit 336.85% 135.87%
Operating Expenses $313.1M $746.8M $219.7M $77.01M $84.69M $40.00K
YoY Change -58.07% 239.86% 185.36% -9.07% 211620.0%
Operating Profit -$323.2M -$731.8M -$201.5M -$92.06M -$109.0M
YoY Change -55.83% 263.24% 118.84% -15.58%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$3.155M -$10.08M $149.0K $328.0K $503.0K
YoY Change -68.69% -6863.76% -54.57% -34.79%
% of Operating Profit
Other Income/Expense, Net $0.00 -$56.58M $56.40M
YoY Change -100.0% -200.31%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$326.4M -$741.8M -$270.0M -$34.96M -$103.6M -$40.00K
YoY Change -56.0% 174.75% 672.43% -66.26% 258890.0%
Income Tax -$3.105M -$1.498M -$29.67M -$940.0K $0.00
% Of Pretax Income
Net Earnings -$323.3M -$740.3M -$240.3M -$34.02M -$103.6M -$40.00K
YoY Change -56.33% 208.05% 606.55% -67.17% 258890.0%
Net Earnings / Revenue -170.41% -354.19% -213.81% -206.53% -391.83%
Basic Earnings Per Share -$1.00 -$2.35 -$0.92 -$0.22
Diluted Earnings Per Share -$1.00 -$2.35 -$0.92 -$0.22 $72.76K -$1.280K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $84.47M $184.5M $269.6M $595.4M $100.0K $100.0K
YoY Change -54.23% -31.55% -54.72% 595300.0% 0.0%
Cash & Equivalents $83.85M $76.29M $65.02M $483.5M
Short-Term Investments $625.0K $108.2M $204.6M $111.9M
Other Short-Term Assets $11.34M $21.24M $20.11M $1.000M $400.0K
YoY Change -46.61% 5.59% 1911.1% 150.0%
Inventory $82.64M $91.74M $65.40M $9.700M
Prepaid Expenses
Receivables $37.69M $38.48M $46.69M $6.500M
Other Receivables $0.00 $429.0K $226.0K $0.00
Total Short-Term Assets $216.1M $336.4M $402.0M $612.6M $600.0K $100.0K
YoY Change -35.75% -16.32% -34.38% 102000.0% 500.0%
Property, Plant & Equipment $65.56M $78.42M $76.50M $14.00M
YoY Change -16.39% 2.5% 446.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.000M $2.000M $6.750M $3.000M $304.5M
YoY Change 0.0% -70.37% 125.0% -99.01%
Other Assets $6.041M $4.728M $2.048M $700.0K $0.00 $200.0K
YoY Change 27.77% 130.86% 192.57% -100.0%
Total Long-Term Assets $241.9M $417.9M $986.6M $29.30M $304.5M $200.0K
YoY Change -42.13% -57.64% 3267.19% -90.38% 152150.0%
Total Assets $458.0M $754.3M $1.389B $641.9M $305.1M $300.0K
YoY Change
Accounts Payable $18.19M $25.11M $31.56M $7.600M $300.0K
YoY Change -27.54% -20.45% 315.24% 2433.33%
Accrued Expenses $27.94M $24.46M $34.72M $8.400M $0.00 $0.00
YoY Change 14.23% -29.57% 313.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $300.0K
YoY Change -100.0%
Long-Term Debt Due $393.0K $647.0K $906.0K $10.00M
YoY Change -39.26% -28.59% -90.94%
Total Short-Term Liabilities $70.10M $83.39M $104.1M $30.50M $300.0K $300.0K
YoY Change -15.93% -19.87% 241.2% 10066.67% 0.0%
Long-Term Debt $113.2M $112.7M $1.237M $0.00 $0.00 $0.00
YoY Change 0.41% 9010.19%
Other Long-Term Liabilities $29.57M $22.34M $24.25M $95.50M $10.50M
YoY Change 32.38% -7.89% -74.61% 809.52%
Total Long-Term Liabilities $142.7M $135.0M $25.49M $95.50M $10.50M $0.00
YoY Change 5.7% 429.81% -73.31% 809.52%
Total Liabilities $216.3M $226.8M $140.2M $126.0M $10.80M $300.0K
YoY Change -4.63% 61.75% 11.31% 1066.67% 3500.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 322.2M 314.8M 260.8M 157.9M
Diluted Shares Outstanding 322.2M 314.8M 260.8M 157.9M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $155.66 Million

About Desktop Metal Inc

Desktop Metal Inc is a US-based company operating in Machinery industry. The company is headquartered in Burlington, Massachusetts and currently employs 950 full-time employees. The company went IPO on 2019-03-15. Desktop Metal, Inc. offers additive manufacturing technologies focused on the production of end-use parts. The firm offers a comprehensive portfolio of integrated additive manufacturing solutions comprised of hardware, software, materials, and services with support for metals, polymers, elastomers, ceramics, sands, composites, and biocompatible materials. Its solutions span across the product life cycle, from product development to mass production and aftermarket operations, and address an array of industries, including automotive, healthcare and dental, consumer products, heavy industry, aerospace, machine design and research and development. Its binder jet metal additive manufacturing platforms include P-Series, the Shop System, and the X-Series. Its photopolymer additive manufacturing systems include The Einstein Series, ETEC Xtreme 8K platform and ETEC Pro XL. Its digital casting additive manufacturing systems comprise its S-Series platform, which include S-Max and S-Max Pro.

Industry: Special Industry Machinery, NEC Peers: Enerpac Tool Group Corp Columbus McKinnon Corp Gorman-Rupp Co Hyster-Yale Inc Illinois Tool Works Inc /entities/vldx Omega Flex Inc Proto Labs Inc Standex International Corp Tennant Co