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DM

1.91USD-0.13(-6.37%)Market Closed

Desktop Metal Inc

Market Summary

USD1.91-0.13Market Closed
-6.37%

DM Alerts

DM Stock Price

RSI Chart

Valuation

Market Cap

826.8M

Price/Earnings

-1.64

Price/Sales

4.51

Price/Cashflow

-4.26

MarketCap/EBT

-1.64

Price/Sales

Profitability

EBT Margin

-275.15%

Return on Equity

-58%

Return on Assets

-45.47%

Fundamentals

Revenue

Revenue (TTM)

205.1M

Revenue Y/Y

85.1%

Revenue Q/Q

-18.36%

Earnings

Earnings (TTM)

-499.2M

Earnings Y/Y

9.13%

Earnings Q/Q

79.56%

Price Action

52 Week Range

1.266.74
(Low)(High)

Last 7 days

-5.9%

Last 30 days

-27.1%

Last 90 days

-40.3%

Trailing 12 Months

-71.0%

Financial Health

Current Ratio

4.32

Investor Care

Shares Dilution (1Y)

2.11%

Diluted EPS (TTM)

-1.61

Peers (Alternatives to Desktop Metal)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
394.3B
-7.24% -7.50%
23.66
5.99
7.79% 5.41%
1.8T
203.1B
2.79% -25.98%
25.2
8.66
15.22% 2.81%
1.3T
282.1B
-0.34% -32.60%
18.7
4.44
17.94% -5.14%
952.9B
502.2B
-9.15% -46.38%
84.16
1.9
9.66% -56.89%
MID-CAP
2.5B
8.6B
-1.16% -43.69%
-5.69
0.31
76.30% -20.89%
SMALL-CAP
1.9B
628.4M
0.55% -65.47%
-4.08
3.1
64.35% -18.14%
1.9B
1.6B
-1.91% 15.74%
12.45
1.23
81.91% 208.48%
1.5B
-
7.94% -70.92%
-0.54
1.95
-4.11% -144.36%
1.4B
40.0M
-27.81% -77.92%
-1.84
34.64
34.91% -55.12%
1.0B
247.8M
-0.37% -19.28%
-17.78
4.46
23.41% -194.70%
1.0B
412.4M
8.18% -29.36%
-153.63
2.47
51.09% -102.33%
988.1M
439.7M
-20.04% -83.82%
-2.97
2.13
-5.64% -199.38%
861.5M
1.2B
-3.82% -48.49%
2.31
0.73
7.66% 583.60%
551.2M
2.2M
-14.03% -73.79%
-1.55
343.43
-72.60% -50.32%

Financials for Desktop Metal

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue11.8%20518314511271
Gross Profit-18.1%192418184
Operating Expenses-2.0%499509258220172
  S&GA Expenses4.2%7572624833
  R&D Expenses3.1%10198826858
Earnings Before Taxes1.4%-497.67-504.89-254.17-270.00-171.86
Net Income1.2%-499.16-505.26-251.17-240.33-138.15
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-5.4%1,0511,1111,3221,389972
  Current Assets-8.2%373406350402487
    Cash Equivalents-38.0%6710810465132
  Inventory3.0%9189826533
  Net PPE0.2%5858585924
  Goodwill-3.3%365378630639262
Liabilities1.9%24524014414072
  Current Liabilities4.6%989410410450
    LT Debt, Current-24.4%01111
    LT Debt, Non Current-4.6%111--
Shareholder's Equity-7.4%8078711,1781,248900
  Retained Earnings-6.5%-996.60-935.83-638.55-568.61-497.44
  Additional Paid-In Capital0.7%1,8641,8521,8341,8231,398
Accumulated Depreciation1.9%3938323026
Shares Outstanding0.6%317315313311262
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-0.8%-195.78-194.19-170.19-155.05-189.07
  Share Based Compensation4.0%5452362920
Cashflow From Investing473.6%224-150.71-427.29-474.37
Cashflow From Financing0.2%11511510167701

Risks

What is the probability of a big loss on DM?

48.9%


Probability that Desktop Metal stock will be more than 20% underwater in next one year

48.9%


Probability that Desktop Metal stock will be more than 30% underwater in next one year.

48.4%


Probability that Desktop Metal stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Desktop Metal was unfortunately bought at previous high price.

Returns

Cumulative Returns on DM

-41.0%


3-Year Cumulative Returns

Which funds bought or sold DM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
99,000
759,000
-%
2022-11-21
Kalos Management, Inc.
-
-
-27,000
-
-%
2022-11-21
Parallax Volatility Advisers, L.P.
-
-
-152,000
5,000
-%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
16,000
104,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-11,000
-
-%
2022-11-16
GREENWOOD GEARHART INC
NEW
-
2,525,000
2,525,000
0.40%
2022-11-15
CIBC Private Wealth Group, LLC
UNCHANGED
-
562,000
3,734,000
0.01%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
STATE STREET CORP
ADDED
7.34
3,911,000
18,745,000
-%
2022-11-15
JANE STREET GROUP, LLC
REDUCED
-73.12
-397,000
184,000
-%

1–10 of 39

Latest Funds Activity

Are funds buying DM calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own DM

Desktop Metal News

Yahoo Finance

11 Best 3D Printing Stocks To Invest In.15 hours ago

DM Fair Value

Recent SEC filings of Desktop Metal

View All Filings
Date Filed Form Type Document
Nov 16, 2022
3
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 09, 2022
10-Q
Quarterly Report
Nov 09, 2022
8-K
Current Report
Oct 26, 2022
8-K
Current Report
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Sep 02, 2022
4
Insider Trading
Sep 02, 2022
4
Insider Trading
Aug 26, 2022
8-K
Current Report

Latest Insider Trading transactions for DM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-01
Nogueira Thomas
SOLD (Taxes)
-1,679.29
3.07
-547
CHIEF OPERATING OFFICER
2022-09-01
Aggarwal Arjun
ACQUIRED
-
-
2,484
CHIEF PRODUCT OFFICER
2022-09-01
Aggarwal Arjun
SOLD (Taxes)
-2,241.1
3.07
-730
CHIEF PRODUCT OFFICER
2022-08-22
Fulop Ric
BOUGHT
19,235.4
3.2059
6,000
CHIEF EXECUTIVE OFFICER
2022-08-19
Haley James
SOLD (Taxes)
-17,091.8
3.25
-5,259
CFO & TREASURER
2022-08-16
Fulop Ric
BOUGHT
16,016
3.2032
5,000
CHIEF EXECUTIVE OFFICER
2022-08-12
Haley James
SOLD (Taxes)
-17,979.2
3.34
-5,383
CFO & TREASURER
2022-08-11
Fulop Ric
BOUGHT
92,844
3.0948
30,000
CHIEF EXECUTIVE OFFICER
2022-07-27
EISENSTEIN JAMES S
ACQUIRED
-
-
10,245
-
2022-06-08
Papa Steve
ACQUIRED
-
-
15,368
-

1–10 of 50

Ric Fulop
1370
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.

DM Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues    
Total revenues$ 47,086$ 25,438$ 148,466$ 55,728
Cost of sales    
Total cost of sales47,39521,483141,70649,988
Gross profit(309)3,9556,7605,740
Operating expenses    
Research and development22,38219,31178,35745,820
Sales and marketing16,20413,22456,29929,567
General and administrative18,92419,83362,47246,821
In-process research and development assets acquired 15,181 25,581
Goodwill impairment  229,500 
Total operating expenses57,51067,549426,628147,789
Loss from operations(57,819)(63,594)(419,868)(142,049)
Change in fair value of warrant liability   (56,576)
Interest expense(680)(12)(1,281)(137)
Interest and other (expense) income, net(1,677)(3,796)(8,443)(3,166)
Loss before income taxes(60,176)(67,402)(429,592)(201,928)
Income tax (expense) benefit(598)5231,60232,761
Net loss$ (60,774)$ (66,879)$ (427,990)$ (169,167)
Net loss per share-Basic$ (0.19)$ (0.26)$ (1.36)$ (0.67)
Net loss per share-Diluted$ (0.19)$ (0.26)$ (1.36)$ (0.67)
Weighted average shares outstanding, basic316,007,716260,555,655313,901,704251,467,644
Weighted average shares outstanding, diluted316,007,716260,555,655313,901,704251,467,644
Products    
Revenues    
Total revenues$ 42,937$ 23,949$ 135,085$ 51,820
Cost of sales    
Total cost of sales43,63920,450130,45446,427
Services    
Revenues    
Total revenues4,1491,48913,3813,908
Cost of sales    
Total cost of sales$ 3,756$ 1,033$ 11,252$ 3,561

DM Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 66,987$ 65,017
Current portion of restricted cash4,0722,129
Short-term investments150,268204,569
Accounts receivable41,39046,687
Inventory91,22365,399
Prepaid expenses and other current assets18,78118,208
Total current assets372,721402,009
Restricted cash, net of current portion1,1121,112
Property and equipment, net57,75558,710
Goodwill365,253639,301
Intangible assets, net225,438261,984
Other noncurrent assets29,07325,480
Total Assets1,051,3521,388,596
Current liabilities:  
Accounts payable29,21131,558
Customer deposits15,49114,137
Current portion of lease liability5,4215,527
Accrued expenses and other current liabilities31,43033,829
Current portion of deferred revenue16,30918,189
Current portion of long-term debt, net of deferred financing costs444825
Total current liabilities98,306104,065
Long-term debt, net of current portion343548
Convertible notes111,657 
Contingent consideration, net of current portion1,0884,183
Lease liability, net of current portion18,78813,077
Deferred revenue, net of current portion3,7784,508
Deferred tax liability7,99410,695
Other noncurrent liabilities2,6463,170
Total liabilities244,600140,246
Commitments and Contingencies (Note 17)
Stockholders' Equity  
Preferred Stock, $0.0001 par value-authorized, 50,000,000 shares; no shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively
Common Stock, $0.0001 par value-500,000,000 shares authorized; 317,193,388 and 311,737,858 shares issued at September 30, 2022 and December 31, 2021, respectively, 317,069,926 and 311,473,950 shares outstanding at September 30, 2022 and December 31, 2021, respectively3231
Additional paid-in capital1,864,4771,823,344
Accumulated deficit(996,601)(568,611)
Accumulated other comprehensive loss(61,156)(6,414)
Total Stockholders' Equity806,7521,248,350
Total Liabilities and Stockholders' Equity$ 1,051,352$ 1,388,596