Desktop Metal Inc

Desktop Metal Inc (DM) Financials

$4.960

+0.051 (+1.02%)At close

DM Revenue Streams

Desktop Metal Inc (DM) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Product, accounting for 80.7% of total sales, equivalent to $31.41M. Another important revenue stream is Service. Understanding this composition is critical for investors evaluating how DM navigates market cycles within the Electronic Equipment & Parts industry.

DM Profitability and Margins

Evaluating the bottom line, Desktop Metal Inc maintains a gross margin of 8.68%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -78.34%, while the net margin is -97.37%. These profitability ratios, combined with a Return on Equity (ROE) of -152.96%, provide a clear picture of how effectively DM converts its operational activities into shareholder value.

DM Comparative Benchmarking

In the context of the broader market, DM competes directly with industry leaders such as LTRX and IMMR. With a market capitalization of N/A, it holds a significant position in the sector. When comparing efficiency, DM's gross margin of 8.68% stands against LTRX's 43.19% and IMMR's 27.38%. Such benchmarking helps identify whether Desktop Metal Inc is trading at a premium or discount relative to its financial performance.

Financials

FY2024Q3
YoY:
-14.84%
36.41M
Total Revenue
FY2024Q3
YoY:
-32.19%
-28.52M
Operating Profit
FY2024Q3
YoY:
-23.56%
-35.45M
Net Income after Tax
FY2024Q3
YoY:
-25.17%
-1.07
EPS - Diluted
FY2024Q3
YoY:
-29.29%
-16.10M
Free Cash Flow
FY2024Q3
YoY:
+92.89%
8.68
Gross Profit Margin - %
FY2024Q3
YoY:
-29.24%
-46.00
FCF Margin - %
FY2024Q3
YoY:
-10.23%
-97.37
Net Margin - %

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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