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Markforged Holding Corp Stock Research

MKFG

0.88USD+0.01(+1.14%)Market Closed

Market Summary

USD0.88+0.01
Market Closed
1.14%

MKFG Stock Price

MKFG RSI Chart

MKFG Valuation

Market Cap

170.6M

Price/Earnings (Trailing)

-14.97

Price/Sales (Trailing)

1.74

EV/EBITDA

0.99

Price/Free Cashflow

-2.14

MKFG Price/Sales (Trailing)

MKFG Profitability

Operating Margin

52.87%

EBT Margin

-11.57%

Return on Equity

-4.42%

Return on Assets

-3.24%

Free Cashflow Yield

-46.7%

MKFG Fundamentals

MKFG Revenue

Revenue (TTM)

97.9M

Revenue Y/Y

4.84%

Revenue Q/Q

4.05%

MKFG Earnings

Earnings (TTM)

-11.4M

Earnings Y/Y

-205.84%

Earnings Q/Q

-663.68%

Price Action

52 Week Range

0.784.33
(Low)(High)

Last 7 days

-3.1%

Last 30 days

-33.2%

Last 90 days

-20.6%

Trailing 12 Months

-78.5%

MKFG Financial Health

Current Ratio

6.9

MKFG Investor Care

Shares Dilution (1Y)

18.84%

Diluted EPS (TTM)

-0.06

Financials for Markforged Holding

Income Statement (Last 12 Months)
(In Thousands)
* denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue1.2%97,93196,76892,96091,22188,921
Gross Profit-2.8%51,77853,24452,24252,85353,551
Operating Expenses-0.7%138,498139,516125,436113,89398,836
  S&GA Expenses3.1%45,35943,97539,35735,96621,070
  R&D Expenses1.6%42,04341,38337,44032,15525,757
EBITDA-129.9%-11,32037,86420,6375,647-
EBITDA Margin-129.5%-0.12*0.39*0.22*0.06*-
Earnings Before Taxes-134.0%-11,33233,33518,1723,911-2,741
EBT Margin-133.6%-0.12*0.34*0.20*0.04*-
Interest Expenses-25.0%12.0016.0012.0016.0062.00
Net Income-134.2%-11,39533,27818,1133,8551,701
Net Income Margin-133.8%-0.12*0.34*0.19*0.04*-
Free Cahsflow12.4%-79,684-90,943-62,572-49,490-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.2%352356330337344
  Current Assets-17.0%243293310330338
    Cash Equivalents-25.2%182243269289297
  Inventory27.1%25.0019.0013.0010.0011.00
  Net PPE93.2%13.007.007.006.005.00
  Goodwill598.3%31.004.00---
Liabilities4.5%94.0090.0075.0093.00111
  Current Liabilities5.1%35.0034.0024.0025.0022.00
    LT Debt, Non CurrentNaN%-----
Shareholder's Equity-3.1%258266254244233
  Retained Earnings-34.1%-90.36-67.39-71.47-75.71-78.97
  Additional Paid-In Capital4.9%350334326320312
Accumulated Depreciation-6.6%7.007.007.006.006.00
Shares Outstanding2.9%194188186186163
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-1.9%-72.22-70.89-58.36-45.70-39.02
  Share Based Compensation-11.9%23.0026.0023.0019.0012.00
Cashflow From Investing-582.6%-43.09-6.31-4.21-3.79-2.32
Cashflow From Financing94.0%560289287279-279
  Buy Backs-100.0%0.0045.00180--

Risks for MKFG

What is the probability of a big loss on MKFG?

79.1%


Probability that Markforged Holding stock will be more than 20% underwater in next one year

69.0%


Probability that Markforged Holding stock will be more than 30% underwater in next one year.

61.2%


Probability that Markforged Holding 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 MKFG drawdown profile look like?

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

Drawdowns

Returns for MKFG

Cumulative Returns on MKFG

Which funds bought or sold MKFG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
sold off
-100
-129,583
-
-%
2023-03-06
Rockefeller Capital Management L.P.
sold off
-100
-
-
-%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-
-
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
-37,834
53,166
-%
2023-02-15
Point72 Middle East FZE
new
-
11,341
11,341
-%
2023-02-15
Metropolitan Life Insurance Co/NY
sold off
-100
-15,000
-
-%
2023-02-15
Annandale Capital, LLC
unchanged
-
-82,000
116,000
0.04%
2023-02-15
Vestcor Inc
unchanged
-
-
1,000
-%
2023-02-15
State of Wyoming
added
30.54
-10,476
35,524
0.01%
2023-02-15
JANE STREET GROUP, LLC
new
-
161,981
161,981
-%

1–10 of 45

Latest Funds Activity

Are funds buying MKFG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MKFG
No. of Funds

Markforged Holding News

Stocks Register

Markforged Holding Corporation (NYSE: MKFG)'s Stock Reduces ....

Stocks Register,
7 days ago

InvestorsObserver

Yahoo Finance

InvestorsObserver

Yahoo Finance

Yahoo Finance

Schedule 13G FIlings of Markforged Holding

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
trinity tvl xi, llc
3.8%
7,318,367
SC 13G/A
Feb 10, 2023
senvest management, llc
8.83%
17,141,219
SC 13G/A
May 11, 2022
senvest management, llc
5.28%
9,945,111
SC 13G
May 06, 2022
mark gregory
3.5%
6,660,428
SC 13D/A
Apr 13, 2022
mark gregory
7.6%
14,288,048
SC 13D/A
Feb 14, 2022
integrated core strategies (us) llc
0.0%
14,853
SC 13G/A
Feb 09, 2022
ark investment management llc
6.02%
11,182,279
SC 13G
Feb 09, 2022
senvest management, llc
1.52%
2,825,032
SC 13G/A

MKFG Fair Value

Recent SEC filings of Markforged Holding

View All Filings
Date Filed Form Type Document
Mar 17, 2023
S-8
Employee Benefits Plan
Mar 17, 2023
10-K
Annual Report
Mar 16, 2023
4
Insider Trading
Mar 06, 2023
8-K
Current Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 14, 2023
4/A
Insider Trading
Feb 13, 2023
4
Insider Trading
Feb 10, 2023
SC 13G/A
Major Ownership Report
Feb 10, 2023
SC 13G/A
Major Ownership Report
Jan 17, 2023
4
Insider Trading

Latest Insider Trading transactions for MKFG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-14
Schwartz Mark Joseph
sold
-29,100
0.97
-30,000
chief financial officer
2023-02-11
Terem Shai
sold (taxes)
-17,303
1.21
-14,300
chief executive officer
2023-01-15
Karp Stephen
sold (taxes)
-302
1.38
-219
general counsel
2023-01-01
Karp Stephen
sold (taxes)
-5,831
1.16
-5,027
general counsel
2023-01-01
Terem Shai
sold (taxes)
-62,672
1.16
-54,028
chief executive officer
2023-01-01
Schwartz Mark Joseph
sold (taxes)
-31,990
1.16
-27,578
chief financial officer
2022-11-15
Schwartz Mark Joseph
sold
-48,976
1.71
-28,641
chief financial officer
2022-11-14
Schwartz Mark Joseph
sold
-87,423
1.70221
-51,359
chief financial officer
2022-11-11
Terem Shai
sold (taxes)
-26,856
1.84
-14,596
chief executive officer
2022-10-15
Karp Stephen
sold (taxes)
-327
1.78
-184
general counsel

1–10 of 50

Shai Terem
330
Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. The company offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. It serves customers in aerospace, military and defense, industrial automation, space exploration, healthcare, and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Watertown, Massachusetts.

MKFG Income Statement

2022-12-31
Consolidated Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Statement of Comprehensive Income [Abstract]  
Revenue$ 100,958$ 91,221
Cost of revenue50,25238,368
Gross profit50,70652,853
Operating expenses  
Sales and marketing44,97535,966
Research and development42,38732,155
General and administrative50,42845,772
Total operating expenses137,790113,893
Loss from operations(87,084)(61,040)
Change in fair value of derivative liabilities1,4851,808
Change in fair value of contingent earnout liability57,30763,407
Other expense(381)(265)
Interest expense(11)(16)
Interest income2,87817
Profit (loss) before income taxes(25,806)3,911
Income tax (benefit) expense(418)56
Net profit (loss) and comprehensive income (loss)$ (25,388)$ 3,855
Weighted average shares outstanding - basic189,747,367108,088,115
Weighted average shares outstanding - diluted189,747,367113,963,424
Net profit (loss) per share - basic$ (0.13)$ 0.04
Net profit (loss) per share - diluted$ (0.13)$ 0.03

MKFG Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 124,242$ 288,603
Total short-term investments43,6900
Accounts receivable, net29,29426,777
Inventory26,40910,377
Prepaid expenses2,8473,921
Other current assets3,334511
Total current assets229,816330,189
Property and equipment, net18,2986,349
Intangible assets, net17,6260
Goodwill31,1160
Right-of-use asset45,9550
Other assets3,130776
Total assets345,941337,314
Current liabilities  
Accounts payable14,42511,403
Accrued expenses9,6637,411
Deferred revenue8,8546,288
Lease liabilities8,0220
Other current liabilities0310
Total current liabilities40,96425,412
Long-term deferred revenue5,3583,742
Deferred rent01,623
Contingent earnout liability2,41559,722
Lease liability - long term40,6080
Other liabilities4,0422,646
Total liabilities93,38793,145
Commitments and contingencies (Note 17)
Stockholders' equity  
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at December 31, 2022 and December 31, 2021; 194,560,946 and 185,993,058 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively1919
Additional paid-in capital352,564319,859
Accumulated deficit(101,097)(75,709)
Accumulated other comprehensive income1,0680
Total stockholders' equity252,554244,169
Total liabilities and stockholders' equity$ 345,941$ 337,314