Nano Dimension Ltd. NNDM
We innovate and provide industrial manufacturing solutions for design-to-manufacturing of electronics and mechanical parts. These solutions are based on a combination of hardware, software, and materials science technologies. The solutions include industrial machinery, such as those for additive manufacturing, surface-mount technology, industrial inkjet printing, along with software for design, simulation, and manufacturing management, as well as materials and consumables that are used by the machinery. These solutions are used by industrial customers in aerospace & defense, automotive, electronics, medical, research and academia, along with government organizations.
We do this through innovating and providing industrial manufacturing solutions that are built around multi-disciplinary technology - combining hardware, software, and materials science.
No market cap here: NNDM is a depositary receipt for shares held in this company's home market, and the number of shares one receipt stands for could not be read from its latest 10-K cover page. Without it, the share count SEC publishes and the price quoted here count different things, and multiplying them would not be this company's value. The financial statements below are as filed.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Americas
- Emea
- Apac
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Americas | $45.0M | $21.0M | $22.3M |
| Emea | $40.7M | $33.4M | $31.0M |
| Apac | $16.7M | $3.4M | $2.9M |
As the company reported it, from the “Revenue - Schedule of Revenue per geographical location (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $102.4M | $57.8M | $56.3M | $43.6M | $9.4M | $3.4M | $7.1M | $5.1M | $829.0K | $46.0K |
| Cost of revenue | $68.1M | $32.9M | $30.3M | $28.4M | — | — | — | — | — | — |
| Gross profit | $34.3M | $24.9M | $26.1M | $15.3M | — | — | — | — | — | — |
| R&D | $30.1M | $39.6M | $65.1M | $71.8M | — | — | — | — | — | — |
| SG&A | $59.8M | $46.0M | $56.0M | $35.6M | — | $20.3M | $3.3M | $3.0M | $3.4M | $3.8M |
| Total operating expenses | $1.3M | $0 | $0 | $186.5M | — | — | — | — | — | — |
| Operating income | -$140.3M | -$89.6M | -$129.3M | -$171.3M | — | — | — | — | — | — |
| Interest expense | $111.0K | $668.0K | $367.0K | — | — | — | — | — | — | — |
| Pre-tax income | -$107.6M | -$99.5M | -$57.0M | -$229.7M | — | — | — | — | — | — |
| Income tax | $7.2M | $397.0K | $62.0K | $264.0K | — | — | — | — | — | — |
| Net income | -$293.3M | -$98.8M | -$56.0M | -$229.1M | -$200.8M | -$48.5M | -$8.4M | -$15.5M | -$17.5M | -$9.0M |
| EPS, basic | -1.36 | -0.45 | -0.23 | -0.89 | — | — | — | — | — | — |
| EPS, diluted | -1.36 | -0.45 | -0.23 | -0.89 | — | — | — | — | — | — |
| Shares, diluted (wtd. avg.) | 215,742 | 218,311 | 248,019 | 257,794 | — | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $204.7M | $317.2M | $309.6M | $686.3M | $853.6M | — | — | — | — | — |
| Receivables | $26.0M | $9.1M | $12.7M | — | — | — | — | — | — | — |
| Inventory | $32.9M | $16.9M | $18.4M | — | — | — | — | — | — | — |
| Total current assets | $525.8M | $789.3M | $894.0M | — | — | — | — | — | — | — |
| Property, plant and equipment | $24.8M | $14.1M | $16.7M | — | — | — | — | — | — | — |
| Goodwill | $40.4M | $0 | — | — | — | — | — | — | — | — |
| Other intangibles | $19.4M | $2.2M | $2.2M | — | — | — | — | — | — | — |
| Total assets | $638.2M | $902.5M | $1.06B | $1.20B | $1.39B | $689.3M | $22.9M | $20.3M | $21.5M | $22.2M |
| Accounts payable | $12.0M | $4.2M | $4.7M | — | — | — | — | — | — | — |
| Total current liabilities | $52.5M | $30.1M | $33.0M | — | — | — | — | — | — | — |
| Total liabilities | $86.2M | $41.8M | $45.7M | — | — | — | — | — | — | — |
| Retained earnings | — | -$677.7M | -$578.8M | — | — | — | — | — | — | — |
| Total equity | $552.0M | $860.0M | $1.02B | $1.15B | $1.35B | $667.1M | $11.6M | $15.6M | $18.2M | $19.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$70.3M | -$18.9M | -$68.7M | -$79.0M | — | — | — | — | — | — |
| Depreciation and amortisation | $4.3M | $2.6M | $2.0M | $3.7M | — | $223.0K | $212.0K | $186.0K | $10.0K | — |
| Stock-based compensation | — | $15.7M | $22.1M | $31.2M | — | — | — | — | — | — |
| Capital expenditure | $1.1M | $2.2M | $9.1M | $9.4M | — | — | — | — | — | — |
| Investing cash flow | $1.4M | $97.6M | -$198.8M | -$74.4M | — | — | — | — | — | — |
| Financing cash flow | -$25.0M | -$69.7M | -$109.5M | -$11.6M | — | — | — | — | — | — |
| Buybacks | — | $69.8M | $96.4M | — | — | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-134641.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $46.0K | $829.0K | $5.1M | $7.1M | $3.4M | $9.4M | $43.6M | $56.3M | $57.8M | $102.4M |
| Gross profit | — | — | — | — | — | — | $15.3M | $26.1M | $24.9M | $34.3M |
| Net income | -$9.0M | -$17.5M | -$15.5M | -$8.4M | -$48.5M | -$200.8M | -$229.1M | -$56.0M | -$98.8M | -$293.3M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Change of control Control of the company has changed hands. Item 5.01
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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