Financial Snapshot

Revenue
$86.89M
TTM
Gross Margin
49.22%
TTM
Net Earnings
-$87.91M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
239.29%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$97.96M
Q3 2024
Cash
Q3 2024
P/E
-0.9102
Nov 29, 2024 EST
Free Cash Flow
-$48.15M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $93.78M $101.0M $91.22M $71.85M
YoY Change -7.11% 10.67% 26.96%

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
Revenue $93.78M $101.0M $91.22M $71.85M
Cost Of Revenue $49.37M $50.25M $38.37M $29.92M
Gross Profit $44.41M $50.71M $52.85M $41.93M
Gross Profit Margin 47.36% 50.22% 57.94% 58.36%

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
Selling, General & Admin $85.59M $95.40M $81.74M $42.49M
YoY Change -10.28% 16.72% 92.36%
% of Gross Profit 192.71% 188.15% 154.65% 101.34%
Research & Development $40.74M $42.39M $32.16M $17.18M
YoY Change -3.89% 31.82% 87.21%
% of Gross Profit 91.72% 83.59% 60.84% 40.96%
Depreciation & Amortization $12.67M $9.181M $1.720M $1.795M
YoY Change 38.0% 433.78% -4.18%
% of Gross Profit 28.53% 18.11% 3.25% 4.28%
Operating Expenses $155.8M $137.8M $113.9M $59.67M
YoY Change 13.07% 20.98% 90.87%
Operating Profit -$111.4M -$87.08M -$61.04M -$17.74M
YoY Change 27.9% 42.67% 244.1%

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
Interest Expense $373.0K $11.00K $16.00K $98.00K
YoY Change 3290.91% -31.25% -83.67%
% of Operating Profit
Other Income/Expense, Net -$307.0K -$381.0K -$265.0K -$9.000K
YoY Change -19.42% 43.77% 2844.44%

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
Pretax Income -$104.2M -$25.81M $3.911M -$17.87M
YoY Change 303.6% -759.83% -121.88%
Income Tax -$586.0K -$418.0K $56.00K $111.0K
% Of Pretax Income 1.43%
Net Earnings -$103.6M -$25.39M $3.855M -$17.99M
YoY Change 307.94% -758.57% -121.43%
Net Earnings / Revenue -110.43% -25.15% 4.23% -25.03%
Basic Earnings Per Share -$0.53 -$0.13 $0.04 -$0.49
Diluted Earnings Per Share -$0.53 -$0.13 $0.03 -$0.49

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
Cash & Short-Term Investments $116.9M $167.9M $288.6M $919.8K
YoY Change -30.39% -41.83% 31276.03%
Cash & Equivalents $116.9M $124.2M $288.6M
Short-Term Investments $0.00 $43.64M
Other Short-Term Assets $4.778M $6.181M $4.432M $314.4K
YoY Change -22.7% 39.46% 1309.89%
Inventory $26.77M $26.41M $10.38M
Prepaid Expenses
Receivables $24.06M $29.29M $26.78M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $172.5M $229.8M $330.2M $1.234M
YoY Change -24.94% -30.42% 26653.93%
Property, Plant & Equipment $54.60M $64.25M $6.349M
YoY Change -15.03% 912.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $215.1M
YoY Change
Other Assets $3.763M $3.130M $776.0K
YoY Change 20.22% 303.35%
Total Long-Term Assets $75.49M $116.1M $7.125M $215.1M
YoY Change -34.99% 1529.82% -96.69%
Total Assets $248.0M $345.9M $337.3M $216.3M
YoY Change
Accounts Payable $13.24M $14.43M $11.40M $115.4K
YoY Change -8.25% 26.5% 9784.71%
Accrued Expenses $17.21M $17.69M $7.411M $24.85K
YoY Change -2.7% 138.63% 29722.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $40.75M $40.96M $25.41M $140.2K
YoY Change -0.53% 61.2% 18024.24%
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $45.59M $52.42M $67.73M $25.43M
YoY Change -13.03% -22.6% 166.38%
Total Long-Term Liabilities $45.59M $52.42M $67.73M $25.43M
YoY Change -13.03% -22.6% 166.38%
Total Liabilities $86.34M $93.39M $93.15M $25.57M
YoY Change -7.54% 0.26% 264.31%

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
Basic Shares Outstanding 196.9M 189.7M 108.1M 38.34M
Diluted Shares Outstanding 196.9M 189.7M 114.0M 38.34M
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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $80.016 Million

About Markforged Holding Corp

Markforged Holding Corp is a US-based company operating in Machinery industry. The company is headquartered in Waltham, Massachusetts and currently employs 351 full-time employees. The company went IPO on 2020-08-20. Markforged Holding Corporation designs hardware, software and advanced materials. The firm's platform, The Digital Forge, is an additive manufacturing platform powering engineers, designers and manufacturing professionals globally. The Digital Forge combines three-dimensional (3D) printers, proprietary metal and composite materials and cloud-based software for manufacturers to bring industrial production to the point of need on the factory floor. Its portfolio of 3D printers includes industrial composite printers that provide predictable functionality through their software, sensors, materials and print modes and metal printers that can fabricate strong, complex metal parts in a variety of metals. The company serves various industries, including aerospace, automotive, consumer packaged goods, education and research, electronics manufacturing, energy, federal and defense, industrial equipment, medical, product development and food and beverage.

Industry: Computer Peripheral Equipment, NEC Peers: Berkshire Grey, Inc. NEXT-ChemX Corporation. Fathom Digital Manufacturing Corp CIRCOR INTERNATIONAL INC COLUMBUS MCKINNON CORP GORMAN RUPP CO HYSTER-YALE, INC. ILLINOIS TOOL WORKS INC Velo3D, Inc. Palladyne AI Corp.