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.

Desktop Metal, Inc.

Desktop Metal (NYSE:DM) is driving Additive Manufacturing 2.0, a new era of on-demand, digital mass production of industrial, medical, and consumer products. Our innovative 3D printers, materials, and software deliver the speed, cost, and part quality required for this transformation. We’re the original inventors and world leaders of the 3D printing methods we believe will empower this shift, binder jetting and digital light processing. Today, our systems print metal, polymer, sand, and other ceramics, as well as foam and recycled wood. Manufacturers use our technology worldwide to save time and money, reduce waste, increase flexibility, and produce designs that solve the world’s toughest problems and enable once-impossible innovations. Learn more about Desktop Metal and our #TeamDM brands at www.desktopmetal.com.

Shapeways

BloombergNEF

Baron Capital

HPS Investment Partners

Miller Value Partners

Chamath Palihapitiya

JB Straubel

Employee Stock Option Fund

40 North Ventures

Riot Ventures

Koch Industries

Desktop Metal

Digital manufacturing comes to sheet metal! Digital Sheet Forming (DSF) technology from Desktop Metal eliminates the need for traditional tooling, creating complex sheet metal designs from a digital toolpath. Learn more about this revolutionary technology! https://bit.ly/42N6xD6

#sheetmetal #metalfabrication #manufacturingtechnology #manufacturing

How is #additive manufacturing bringing benefits to the production floor? This end-of-arm tooling was #lightweighted using binder jet technology at FreeFORM Technologies. A simpler design machined out of aluminum would have been heavier to get the same strength as the 3D printed stainless steel. Learn more in the case study: https://bit.ly/3uPvuRM

Are you searching for new innovative ways to optimize your production? Reach out to our AM2.Production team for an evaluation to learn if our #additivemanufacturing technology is right for your business! https://bit.ly/3T3Q2PN

Do you need solutions for your toughest #manufacturing challenges? Desktop Metal’s AM2.Production team can help tackle your most complex obstacles. Whether it's getting new products to market faster on budget, meeting demanding product requirements , or improving your sustainability footprint. Learn more about our AM2.Production program and find out how our team can help! https://bit.ly/49xcoPg

#additive #additivemanufacturing #imts #engineering

Create complex sheet metal designs within hours or even minutes without tools or dies! The Figur G15 from Desktop Metal brings digital manufacturing to sheet metal! Learn how to shape aluminum and steel in a variety of gauges in our brochure and videos! https://bit.ly/3SON14L

#sheetmetal #automotive #manufacturing #metalworking #metalfabrication #sheetmetalforming

We congratulate Joerg Vollmann-Schipper on his new position and look forward to continuing our work together! Thank you for being a member of #TeamDM.

Every manufacturer faces unique challenges. Our team of 3D printing experts works as partners to understand those hurdles and help customers overcome them to confidently and successfully adopt binder jetting. From co-location and knowledge transfer to situations like in this interview with our Senior Director of Materials Development who helped curate a powder solution to meet the material needs of an automotive manufacturer. Read the story! https://bit.ly/48oOowT

Red Deer Polytechnic invests in advanced manufacturing technologies to meet the needs of regional businesses. Students, staff, and faculty work together on innovative development projects using both #TeamDM binder jetting and ETEC digital light processing technologies. Learn more in this case study: 
https://bit.ly/3wlBKRC
#education #additive #stemeducation #3dprinting #additivemanufacturing #polymer3dprinting #binderjetting

Thank you to the Mecklers and 3DR Holdings for hosting a great Additive Manufacturing Strategies event, which featured the industry's leaders, including our own CEO Ric Fulop, shown here, on the main stage. It's great to see the industry coming together to discuss our collective wins and challenges as 3D printing continues evolving. AMS is increasing in its importance to the industry, and we look forward to the 2025 event!

Sheet metal designs straight from a digital file? It's not 3D printing, but #SheetMetal forming on the Figur G15. Using a digital toolpath, this unique machine tool forms a variety of sheet materials and gauges without stamps or dies! Download the brochure to learn more: https://bit.ly/49qDgQT

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	34.58M -	16.47M 52.37%	112.41M 582.50%	209.02M 85.95%	189.70M 9.25%
cost of revenue	20.87M -	31.52M 51.00%	94.11M 198.60%	193.95M 106.08%	182.45M 5.93%
gross profit	13.71M -	-15.05M 209.78%	18.29M 221.56%	15.07M 17.61%	7.25M 51.93%
selling and marketing expenses	18.75M -	13.14M 29.94%	47.99M 265.37%	68.09M 41.87%	40.33M 40.76%
general and administrative expenses	9.84M -	20.73M 110.73%	78.04M 276.39%	83.06M 6.44%	66.27M 20.22%
selling general and administrative expenses	9.84M -	33.87M 244.24%	126.04M 272.12%	151.16M 19.93%	87.06M 42.40%
research and development expenses	4.71M -	43.14M 816.62%	68.13M 57.93%	96.88M 42.21%	77.45M 20.05%
other expenses	302K -			304.85M -
cost and expenses	35.42M -	108.53M 206.40%	288.28M 165.63%	441.99M 53.32%	346.96M 21.50%
operating expenses	14.54M -	77.01M 429.43%	194.16M 152.14%	248.03M 27.75%	164.51M 33.67%
interest expense	503K -	328K 34.79%	11.97M 3,549.70%	10.08M 15.81%	4.10M 59.33%
ebitda	-69K -	-82.45M 119,400%	-151.01M 83.15%	-182.20M 20.65%	-103.65M 43.11%
operating income	-837K -	-92.06M 10,898.21%	-175.87M 91.05%	-232.96M 32.46%	-157.27M 32.49%
depreciation and amortization	768K -	9.60M 1,150%	24.85M 158.90%	50.77M 104.26%	53.62M 5.61%
total other income expenses net	302K -	683K 126.16%	-94.13M 13,882.43%	-508.88M 440.59%	-169.11M 66.77%
income before tax	-535K -	-91.37M 16,978.88%	-270.00M 195.50%	-741.84M 174.75%	-326.38M 56.00%
income tax expense	22K -	-940K 4,372.73%	-29.67M 3,056.17%	-1.50M 94.95%	-3.10M 107.28%
net income	-557K -	-90.43M 16,135.55%	-240.33M 165.76%	-740.34M 208.05%	-323.27M 56.33%
weighted average shs out	224.63M -	157.91M 29.70%	260.77M 65.14%	314.82M 20.73%	322.20M 2.34%
weighted average shs out dil	224.63M -	157.91M 29.70%	260.77M 65.14%	314.82M 20.73%	322.20M 2.34%
eps	-0.00 -	-0.57 22,700%	-0.92 61.40%	-2.35 155.43%	-1 57.45%
epsdiluted	-0.00 -	-0.57 22,700%	-0.92 61.40%	-2.35 155.43%	-1 57.45%

COM:DESKTOPMETAL

Desktop Metal, Inc.

Last Close

4.40

22/11 21:00

Market Cap

177.13M

Beta: -

Volume Today

174.55K

Avg: -

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