6-K
Nano Dimension Ltd. (NNDM)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of: April 2025 (Report No. 7)
Commission File Number 001-37600
| NANO DIMENSION LTD. |
|---|
| (Translation of registrant’s name into English) |
| 300 5th Ave., Suite 1010, Waltham, MA 02451<br><br> <br>(Address of principal executive office) |
| --- |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F þ Form 40-F ¨
CONTENTS
On April 30, 2025, Nano Dimension Ltd. (the “Company”) issued a press release titled “Nano Dimension Announces 2024 Financial Results and Shares 2025 Strategic Outlook”, a copy of which is furnished herewith as Exhibit 99.1 and incorporated by reference herein.
Attached hereto as Exhibit 99.2 and incorporated herein is the Company’s investor presentation, dated April 30, 2025.
This Report is incorporated by reference into the Company’s registration statements on Form F-3 (File No. 333-255960, 333-233905, 333-251155, 333-252848, 333-251004 and 333-249184) and Form S-8 (File No. 333-214520, 333-248419 and 333-269436), filed with the Securities and Exchange Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Nano Dimension Ltd. | ||
|---|---|---|
| (Registrant) | ||
| Date: April 30, 2025 | By: | /s/ Dotan Bar-Natan |
| Name: | Dotan Bar-Natan | |
| Title: | General Counsel |
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Exhibit 99.1
Nano Dimension Announces 2024 Financial Resultsand Shares 2025 Strategic Outlook
Outlines Disciplined Strategy to Position NanoDimension as a Digital Manufacturing Leader Benefiting From the Global Trade and Production Realignment
Details Post-Acquisition Playbook and OperationalFocus on Capital Strength and Profitable Growth
Conference Call Today at 4:30 PM EST
WALTHAM, Mass., April 30, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leader in Digital Manufacturing solutions, today announced its 2024 financial results and shared its 2025 strategic outlook.
Letter from Ofir Baharav, CEO:
Dear Shareholders,
I am pleased to share an update with you on our 2024 financial results and strategic outlook. 2024 marked the beginning of transformative change for Nano Dimension.
The Company’s Board of Directors was fully reconstituted following strong shareholder support for an independent slate. Together with a refreshed management team, we’ve assembled a leadership group built for this moment - combining deep expertise in technology, manufacturing, commercial strategy, operations, and governance. We are united by our shared commitment: To steward your capital responsibly and create lasting shareholder value.
To This Point of Transformation
Over the past few months, I’ve visited nearly every site across the Company, including those of Desktop Metal and Markforged. I’ve met with teams across all functions and levels
- listening, learning, and sharing ideas. I’ve gained insights into where we can grow revenue, reduce costs, and unlock greater value. Most importantly, I’ve spent time at the heart of our innovation - our technology - and developed a deeper appreciation for the cutting-edge work underway. These experiences have only increased my confidence in our future. We are at a point of transformation where changes are already in motion - we are well positioned to unlock our full potential.
To Our Vision of Digital Manufacturing Leadership
The transformation will be built on our vision to become the preeminent leader in digital manufacturing of industrial manufacturing solutions that are at the pinnacle of multi-disciplinary technology - combining software, machine learning, materials science and hardware - for manufacturing of parts at scale.
We are setting ourselves apart by focusing on the following business principles:
| 1. | Partnering with leading industrial titans to enable advanced, complex parts manufacturing at scale, rather<br>than fabrication of experimental designs and concepts. |
|---|---|
| 2. | Utilizing our cloud based processing, machine learning, and intelligent systems to deliver precise and<br>scalable parts production. |
| --- | --- |
| 3. | Disciplined execution, true to our business model, aligned with our vision, and true to our customers’<br>strong commitment to profitable growth with a strong capital base. |
| --- | --- |
There has never been a more important moment to align with this vision. Global trade and production are undergoing a once-in-a-generation disruption, and digital manufacturing - driven by rapid production to enable re-shoring, supply chain resilience, IP security, and sustainability - is emerging at its core.
To execute on this strategy, we are driving change starting with Nano Dimension’s core business which - even prior to the recent acquisitions - was in urgent need of transformation. We implemented a clear playbook: assess, transform, invest, and grow.
Our assessment focused on two fronts: product rationalization and operating model optimization.
We took a hard look at our product portfolio. Every offering must meet our vision of leadership in making industrial manufacturing solutions for advanced, complex parts. We must achieve category leadership - differentiated and defensible against low-cost competition, particularly from the Far East. These products must align with future growth trends, and, most importantly, deliver strong returns for shareholders.
In parallel, we scrutinized our operating model. We challenged excessive G&A, including unwarranted management overhead, broke down silos, especially in sales and marketing, and realigned the organization around the customer. We streamlined the structure: less hierarchy, more execution, and a flatter, faster organization better equipped to innovate and deliver.
The outcome was a focused commitment to two core product groups: Additively Manufactured Electronics (AME) and surface-mount technology (SMT). At the same time, we made the decision to discontinue non-core product groups, including Admatec, DeepCube, Fabrica, and Formatec.
These moves - along with broader organizational efficiencies - enabled us to reduce the annualized operating expenses of our core business by over $20 million and increase revenue per employee from $147,000 to 223,000, a 52% gain.
This was disciplined, decisive action - and it delivered results.
In terms of Desktop Metal and Markforged, both organizations have technologies that are aligned with Nano Dimension’s focus on digital manufacturing of advanced, complex parts. Yet, it is essential that we remain objective and critical - particularly regarding operational inefficiencies and financial challenges that stakeholders are already aware of.
Desktop Metal has limited liquidity and significant liabilities, including but not limited to $115 million principal amount of outstanding convertible notes, incurred prior to our acquisition. Desktop Metal does not currently have liquidity or a financing commitment sufficient to fund the repurchase of the notes required by the indenture or satisfy its other material liabilities. Following our acquisition, we provided limited financing to Desktop Metal to help it address short-term liquidity needs and run a process to evaluate its strategic alternatives. No assurances can be given as to the outcome or timing of Desktop Metal’s strategic review process or our consideration of whether or in what amount to provide additional financing.
On Strategic Clarity to Shareholders
Clarity is a key tenet of my management team. Our goal is to prioritize forthrightness and trust with investors and build credibility with all stakeholders. While we are in the early stages of our review of Markforged, and while Desktop Metal is currently in the process of evaluating strategic alternatives, we commit to providing timely updates on these processes.
Nano Dimension plans to host a strategic update in June 2025.
We believe that the insights and outlook we will communicate will enlighten you to our progress in fulfilling our potential to be a digital manufacturing leader and create enduring shareholder value.
Thank you,
Ofir Baharav
Chief Executive Officer
Nano Dimension
– –
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Conference Call Today
Nano Dimension will host a conference call to discuss its financial results and strategic outlook today, April 30, 2025, at 4:30 p.m. EST.
Participants can also dial-in/connect by following the below:
| ● | Listen in via US dial-in: 1-844-695-5517 |
|---|---|
| ● | Listen via international dial-in: 1-412-902-6751 |
| --- | --- |
| ● | Listen and view presentation via webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=ChyIXD73 |
| --- | --- |
For those unable to participate in the conference call, there will be a replay available from a link on Nano Dimension’s website at http://investors.nano-di.com/events-and-presentations.
– –
Financial results:
Revenue
| ● | Q4 2024: $14.6 million, up 1% year-over-year |
|---|---|
| ● | FY 2024: $57.8 million, up 3% year-over-year |
| --- | --- |
Gross Margin (“GM”)
| ● | Q4 2024: 33%, down 1,531 bps year-over-year |
|---|---|
| ● | FY 2024: 43%, down 194 bps year-over-year |
| --- | --- |
Adjusted gross Margin (“Adjusted GM”)
| ● | Q4 2024: 36%, down 1,477 bps year-over-year |
|---|---|
| ● | FY 2024: 46%, down 269 bps year-over-year |
| --- | --- |
Net loss
| ● | Q4 2024: $9.1 million, up 576% year-over-year |
|---|---|
| ● | FY 2024: $96.9 million, up 74% year-over-year |
| --- | --- |
| ● | Special note: Change in net loss for FY 2024 is mainly attributed to the revaluation of our investment<br>in Stratasys’ shares. |
| --- | --- |
Adjusted EBITDA (loss)
| ● | Q4 2024: ($20.7) million, improvement of 9% year-over-year |
|---|---|
| ● | FY 2024: ($65.2) million, improvement of 35% year-over-year |
| --- | --- |
Cash, cash equivalents, together with bank deposits and investable securities
| ● | $845 million as of December 31, 2024, down from $991 million year-over-year |
|---|
Details regarding Adjusted EBITDA and adjusted gross margin can be found below in this press release under “Non-IFRS Measures.”
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Q1-2025 Preliminaries
| ● | Revenue: $14.4 million through March 31, 2025 |
|---|---|
| ● | Cash, cash equivalents, together with bank deposits and investable securities: $840 million as of March<br>31, 2025 |
| --- | --- |
The above information reflects preliminary estimates with respect to certain results of Nano Dimension, based on currently available information. The actual first quarter 2025 results may vary from the preliminary estimates.
Financial results in detail
Fourth Quarter 2024 Financial Results
| ● | Total revenues for the fourth quarter of 2024 were $14,569,000, compared to $14,454,000 in the fourth<br>quarter of 2023. |
|---|---|
| ● | Total cost of revenues excluding write-down of inventories and amortization of technology for the fourth<br>quarter of 2024 was $8,133,000, compared to $7,358,000 in the fourth quarter of 2023. |
| --- | --- |
| ● | As a result of the reorganizational plan executed by the Company in the fourth quarter of 2023 and other<br>cost reduction efforts taken in 2024, the Company’s operating expenses across all departments have decreased in the fourth quarter<br>of 2024 compared to the fourth quarter of 2023. |
| --- | --- |
| ● | Research and development (R&D) expenses for the fourth quarter of 2024 were $9,102,000, compared to<br>$13,580,000 in the fourth quarter of 2023. The decrease is mainly attributed to a decrease in payroll and related expenses, subcontractors<br>expenses and materials for R&D use. |
| --- | --- |
| ● | Sales and marketing (S&M) expenses for the fourth quarter of 2024 were $6,261,000, compared to $8,289,000<br>in the fourth quarter of 2023. The decrease is mainly attributed to a decrease in payroll and related expenses, travel expenses and marketing<br>expenses. |
| --- | --- |
| ● | General and administrative (G&A) expenses for the fourth quarter of 2024 were $11,916,000, compared<br>to $14,051,000 in the fourth quarter of 2023. The decrease is mainly attributed to a decrease in professional services and share-based<br>payments expenses. |
| --- | --- |
| ● | Other expenses, net for the fourth quarter of 2024 were $2,633,000, compared to other income, net of $1,627,000<br>for the fourth quarter of 2023. In the fourth quarter of 2024 the amount is mainly attributed to Desktop Metal and Markforged transaction<br>costs. Other income, net in the fourth quarter of 2023 represents compensation from government authorities for damaged inventory, partially<br>offset by reorganization costs incurred during the year. |
| --- | --- |
| ● | Net loss attributed to owners for the fourth quarter of 2024 was $8,805,000, or $0.04 loss per share,<br>compared to net loss of $1,049,000, or $0.01 loss per share, in the fourth quarter of 2023. |
| --- | --- |
Year Ended December 31, 2024 Financial Results
| ● | Total revenues for the year ended December 31, 2024, were $57,775,000, compared to $56,314,000 in the<br>year ended December 31, 2023. |
|---|---|
| ● | Total Cost of revenues excluding write-down of inventories and amortization of technology for the year<br>ended December 31, 2024, was $31,125,000, compared to $30,759,000 in the year ended December 31, 2023. As a result of the reorganization<br>plan executed by the Company in the fourth quarter of 2023 and other cost reduction efforts taken in 2024, the Company’s operating<br>expenses across all departments have decreased in 2024 compared to 2023, as detailed below. |
| --- | --- |
| ● | R&D expenses for the year ended December 31, 2024, were $37,157,000, compared to $62,004,000 for the<br>year ended December 31, 2023. The decrease is mainly attributed to a decrease in payroll and related expenses, materials for R&D use<br>and subcontractors expenses, as well as a decrease in share-based payments expenses. |
| --- | --- |
4
| ● | S&M expenses for the year ended December 31, 2024, were $26,951,000, compared to $31,707,000 for the<br>year ended December 31, 2023. The decrease is mainly attributed to a decrease in payroll and related expenses and share-based payments<br>expenses. |
|---|---|
| ● | G&A expenses for the year ended December 31, 2024, were $40,059,000, compared to $58,254,000 for the<br>year ended December 31, 2023. The decrease is mainly attributed to a decrease in professional services, mainly from proxy contest and<br>legal related expenses. |
| --- | --- |
| ● | Other expenses, net for the year ended December 31, 2024, were $5,966,000 compared to other income, net<br>$1,627,000 for the year ended December 31, 2023. In 2024 the amount is mainly attributed to Desktop Metal and Markforged transaction costs.<br>In 2023 the amount represents compensation from government authorities for damaged inventory, less reorganization costs incurred during<br>the year. |
| --- | --- |
| ● | Net loss attributed to the owners for the year ended December 31, 2024, was $95,894,000, or $0.44 per<br>share, compared to loss of $54,550,000, or $0.22 per share, for the year ended December 31, 2023. The increase is mainly attributed to<br>the revaluation of our investment in Stratasys’ shares. |
| --- | --- |
Balance Sheet Highlights
| ● | Cash and cash equivalents, together with bank deposits totaled $759,264,000 as of December 31, 2024, compared<br>to $852,479,000 as of December 31, 2023. |
|---|---|
| ● | Total shareholders’ equity totaled $858,707,000 as of December 31, 2024, compared to $1,015,786,000<br>as of December 31, 2023. |
| --- | --- |
About Nano Dimension
Driven by strong trends in onshoring, national security, and increasing product customization, Nano Dimension (Nasdaq: NNDM) delivers advanced Digital Manufacturing technologies to the defense, aerospace, automotive, electronics, and medical devices industries, enabling rapid deployment of high-mix, low-volume production with IP security and sustainable manufacturing practices.
For more information, please visit https://www.nano-di.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding Nano’s future growth, strategic plan and value to shareholders, Desktop Metal’s strategic review process, and all other statements other than statements of historical fact that address activities, events or developments that Nano intends, expects, projects, believes or anticipates will or may occur in the future. Such statements are based on management’s beliefs and assumptions made based on information currently available to management. These forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results and performance to be materially different from those expressed or implied in the forward-looking statements. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Because such statements deal with future events and are based on the current expectations of Nano, they are subject to various risks and uncertainties. The forward-looking statements contained or implied in this communication are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano’s annual report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on March 21, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this communication.
Investors: ICR - nano-di@icrinc.com
Media: NanoDimension@feintuchpr.com
5
| Consolidated Statements of Financial Position as at (In thousands of U.S dollars) | ||||||
|---|---|---|---|---|---|---|
| December 31, | ||||||
| --- | --- | --- | --- | --- | --- | --- |
| 2023 | 2024 | |||||
| Assets | ||||||
| Cash and cash equivalents | 309,571 | 317,169 | ||||
| Bank deposits | 541,967 | 440,790 | ||||
| Restricted deposits | 60 | 537 | ||||
| Trade receivables | 12,710 | 9,141 | ||||
| Other receivables | 11,290 | 4,790 | ||||
| Inventory | 18,390 | 16,899 | ||||
| Total current assets | 893,988 | 789,326 | ||||
| Restricted deposits | 881 | 768 | ||||
| Investment in securities | 138,446 | 86,190 | ||||
| Property plant and equipment, net | 16,716 | 14,143 | ||||
| Right-of-use assets | 12,072 | 9,307 | ||||
| Intangible assets | 2,235 | 2,155 | ||||
| Total non-current assets | 170,350 | 112,563 | ||||
| Total assets | 1,064,338 | 901,889 | ||||
| Liabilities | ||||||
| Trade payables | 4,696 | 4,249 | ||||
| Other payables | 25,265 | 22,461 | ||||
| Current portion of lease liability | 4,473 | 3,968 | ||||
| Current portion of bank loan | 38 | 138 | ||||
| Total current liabilities | 34,472 | 30,816 | ||||
| Liability in respect of government grants | 1,895 | 843 | ||||
| Employee benefits | 2,773 | 4,700 | ||||
| Lease liability | 8,742 | 6,547 | ||||
| Deferred tax liabilities | 75 | — | ||||
| Bank loan | 595 | 276 | ||||
| Total non-current liabilities | 14,080 | 12,366 | ||||
| Total liabilities | 48,552 | 43,182 | ||||
| Equity | ||||||
| Non-controlling interests | 1,011 | 715 | ||||
| Share capital | 400,700 | 409,145 | ||||
| Share premium and capital reserves | 1,299,542 | 1,304,617 | ||||
| Treasury shares | (97,896 | ) | (167,651 | ) | ||
| Foreign currency translation reserve | 2,929 | 1,044 | ||||
| Remeasurement of net defined benefit liability (IAS 19) | 707 | (2,062 | ) | |||
| Accumulated loss | (591,207 | ) | (687,101 | ) | ||
| Equity attributable to owners of the Company | 1,014,775 | 857,992 | ||||
| Total equity | 1,015,786 | 858,707 | ||||
| Total liabilities and equity | 1,064,338 | 901,889 |
6
| Consolidated Statements of Profit orLoss and Other Comprehensive Income(In thousands of U.S dollars, except per share amounts) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| For the year ended<br> December 31, | Three Months Ended<br> December 31, | |||||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2023 | 2024 | 2023 | 2024 | |||||||||
| Revenues | 56,314 | 57,775 | 14,454 | 14,569 | ||||||||
| Cost of revenues | 30,759 | 31,125 | 7,358 | 8,133 | ||||||||
| Cost of revenues - write-down of inventories and amortization of technology | 97 | 1,655 | 68 | 1,583 | ||||||||
| Total cost of revenues | 30,856 | 32,780 | 7,426 | 9,716 | ||||||||
| Gross profit | 25,458 | 24,995 | 7,028 | 4,853 | ||||||||
| Research and development expenses | 62,004 | 37,157 | 13,580 | 9,102 | ||||||||
| Sales and marketing expenses | 31,707 | 26,951 | 8,289 | 6,261 | ||||||||
| General and administrative expenses | 58,254 | 40,059 | 14,051 | 11,916 | ||||||||
| Other expenses (income), net | (1,627 | ) | 5,966 | (1,627 | ) | 2,633 | ||||||
| Impairment loss | — | 1,283 | — | 1,283 | ||||||||
| Operating loss | (124,880 | ) | (86,421 | ) | (27,265 | ) | (26,342 | ) | ||||
| Finance income | 70,934 | 43,540 | 26,904 | 17,723 | ||||||||
| Finance expenses | 1,652 | 53,645 | 796 | 122 | ||||||||
| Loss before taxes on income | (55,598 | ) | (96,526 | ) | (1,157 | ) | (8,741 | ) | ||||
| Taxes expenses | (62 | ) | (397 | ) | (183 | ) | (319 | ) | ||||
| Loss for the period | (55,660 | ) | (96,923 | ) | (1,340 | ) | (9,060 | ) | ||||
| Loss attributable to non-controlling interests | (1,110 | ) | (1,029 | ) | (291 | ) | (255 | ) | ||||
| Loss attributable to owners | (54,550 | ) | (95,894 | ) | (1,049 | ) | (8,805 | ) | ||||
| Loss per share | ||||||||||||
| Basic loss per share | (0.22 | ) | (0.44 | ) | (0.01 | ) | (0.04 | ) | ||||
| Other comprehensive income items that after initial recognition in comprehensive income were or will be transferred to profit or loss | ||||||||||||
| Foreign currency translation differences for foreign operations | 2,368 | (1,944 | ) | 2,024 | (1,647 | ) | ||||||
| Other comprehensive income items that will not be transferred to profit or loss | ||||||||||||
| Remeasurement of net defined benefit liability (IAS 19), net of tax | (1,801 | ) | (2,769 | ) | (741 | ) | (1,336 | ) | ||||
| Total other comprehensive income for the period | 567 | (4,713 | ) | 1,283 | (2,983 | ) | ||||||
| Total comprehensive loss for the period | (55,093 | ) | (101,636 | ) | (57 | ) | (12,043 | ) | ||||
| Comprehensive loss attributable to non-controlling interests | (1,088 | ) | (1,088 | ) | (258 | ) | (308 | ) | ||||
| Comprehensive loss attributable to owners of the Company | (54,005 | ) | (100,548 | ) | 201 | (11,735 | ) |
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| Consolidated Statements of Changes in Equity (Unaudited)<br><br>(In thousands of U.S dollars) | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| **** | Share capital | Share premium and capital reserves | **** | Remeasurement of IAS 19 | **** | Treasury shares | **** | Foreign currency translation reserve | **** | Accumulated loss | **** | Total | **** | Non-controlling interests | **** | Total equity | **** | |||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| For the year ended December 31, 2024: | ||||||||||||||||||||||||||
| Balance as of January 1, 2024 | 400,700 | 1,299,542 | 707 | (97,896 | ) | 2,929 | (591,207 | ) | 1,014,775 | 1,011 | 1,015,786 | |||||||||||||||
| Investment of non-controlling party in subsidiary | — | — | — | — | — | — | — | 792 | 792 | |||||||||||||||||
| Loss for the year | — | — | — | — | — | (95,894 | ) | (95,894 | ) | (1,029 | ) | (96,923 | ) | |||||||||||||
| Other comprehensive loss for the year | — | — | (2,769 | ) | — | (1,885 | ) | — | (4,654 | ) | (59 | ) | (4,713 | ) | ||||||||||||
| Exercise of warrants, options and<br> vesting of RSUs | 8,445 | (8,445 | ) | — | — | — | — | — | — | — | ||||||||||||||||
| Repurchase of<br> treasury shares | — | — | — | (69,755 | ) | — | — | (69,755 | ) | — | (69,755 | ) | ||||||||||||||
| Share-based payment acquired | — | (363 | ) | — | — | — | — | (363 | ) | — | (363 | ) | ||||||||||||||
| Share-based payments | — | 13,883 | — | — | — | — | 13,883 | — | 13,883 | |||||||||||||||||
| Balance as of December 31, 2024 | 409,145 | 1,304,617 | (2,062 | ) | (167,651 | ) | 1,044 | (687,101 | ) | 857,992 | 715 | 858,707 | ||||||||||||||
| Share capital | Share premium and capital reserves | Remeasurement of IAS 19 | Treasury shares | Foreign currency translation reserve | Accumulated loss | Total | Non-controlling interests | Total equity | ||||||||||||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| For the three months ended<br> December 31, 2024: | ||||||||||||||||||||||||||
| Balance as of September 30, 2024 | 407,338 | 1,303,332 | (726 | ) | (167,651 | ) | 2,638 | (678,296 | ) | 866,635 | 965 | 867,600 | ||||||||||||||
| Investment of non-controlling party in subsidiary | — | — | — | — | — | — | — | 58 | 58 | |||||||||||||||||
| Loss for the period | — | — | — | — | — | (8,805 | ) | (8,805 | ) | (255 | ) | (9,060 | ) | |||||||||||||
| Other comprehensive loss for the period | — | — | (1,336 | ) | — | (1,594 | ) | — | (2,930 | ) | (53 | ) | (2,983 | ) | ||||||||||||
| Exercise of warrants, options and<br> vesting of RSUs | 1,807 | (1,807 | ) | — | — | — | — | — | — | — | ||||||||||||||||
| Repurchase of<br> treasury shares | — | — | — | — | — | — | — | — | — | |||||||||||||||||
| Share based payment acquired | — | — | — | — | — | — | — | — | — | |||||||||||||||||
| Share-based payments | — | 3,092 | — | — | — | — | 3,092 | — | 3,092 | |||||||||||||||||
| Balance as of December 31, 2024 | 409,145 | 1,304,617 | (2,062 | ) | (167,651 | ) | 1,044 | (687,101 | ) | 857,992 | 715 | 858,707 |
8
| Consolidated Statements of Cash Flows<br><br>(In thousands of U.S dollars) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| For the Year Ended<br> December 31, | Three Months Ended<br> December 31, | |||||||||||
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2023 | 2024 | 2023 | 2024 | |||||||||
| Cash flow from operating activities: | ||||||||||||
| Net loss | (55,660 | ) | (96,923 | ) | (1,340 | ) | (9,060 | ) | ||||
| Adjustments: | ||||||||||||
| Depreciation and amortization | 6,544 | 6,675 | 1,993 | 1,714 | ||||||||
| Impairment loss | — | 1,283 | — | 1,283 | ||||||||
| Financing income net | (46,281 | ) | (42,183 | ) | (19,606 | ) | (12,018 | ) | ||||
| (Loss) gain from revaluation of financial liabilities accounted at fair value | 461 | 32 | (7 | ) | 41 | |||||||
| Loss (gain) from revaluation of financial assets accounted at fair value | (23,462 | ) | 52,256 | (6,495 | ) | (5,624 | ) | |||||
| Loss (gain) from disposal of property plant and equipment and right-of-use assets | 326 | 67 | (7 | ) | (5 | ) | ||||||
| Decrease (increase) in deferred tax | (11 | ) | — | 84 | — | |||||||
| Share-based payments | 20,101 | 13,883 | 4,291 | 3,092 | ||||||||
| Other | 164 | 150 | 43 | 34 | ||||||||
| (42,158 | ) | 32,163 | (19,704 | ) | (11,483 | ) | ||||||
| Changes in assets and liabilities: | ||||||||||||
| Decrease (increase) in inventory | (340 | ) | 387 | 2,913 | 1,996 | |||||||
| Decrease (increase) in other receivables | (5,775 | ) | 6,078 | (7,434 | ) | (160 | ) | |||||
| Decrease (increase) in trade receivables | (5,603 | ) | 2,950 | (1,652 | ) | 2,733 | ||||||
| Increase (decrease) in other payables | 4,856 | (1,150 | ) | 1,948 | 2,780 | |||||||
| Decrease in employee benefits | (1,478 | ) | (562 | ) | (486 | ) | (280 | ) | ||||
| Increase (decrease) in trade payables | 1,089 | 47 | (3,653 | ) | 1,062 | |||||||
| (7,251 | ) | 7,750 | (8,364 | ) | 8,131 | |||||||
| Net cash used in operating activities | (105,069 | ) | (57,010 | ) | (29,408 | ) | (12,412 | ) | ||||
| Cash flow from investing activities: | ||||||||||||
| Change in bank deposits | (189,060 | ) | 100,530 | (152,044 | ) | 108,093 | ||||||
| Interest received | 41,529 | 42,806 | 11,725 | 9,971 | ||||||||
| Change in restricted bank deposits | (27 | ) | (377 | ) | 11 | (366 | ) | |||||
| Acquisition of property plant and equipment | (9,098 | ) | (2,196 | ) | (32 | ) | (537 | ) | ||||
| Acquisition of intangible asset | (1,524 | ) | (711 | ) | — | — | ||||||
| Payment of a liability for contingent consideration in a business combination | (9,255 | ) | — | — | — | |||||||
| Other | 835 | — | 835 | — | ||||||||
| Net cash from (used in) investing activities | (166,600 | ) | 140,052 | (139,505 | ) | 117,161 | ||||||
| Cash flow from financing activities: | ||||||||||||
| Lease payments | (4,823 | ) | (4,524 | ) | (1,183 | ) | (1,066 | ) | ||||
| Bank loan repayment | (536 | ) | (180 | ) | (343 | ) | (37 | ) | ||||
| Proceeds from non-controlling interests | 1,089 | 555 | 539 | — | ||||||||
| Amounts recognized in respect of government grants liability | (298 | ) | (180 | ) | (73 | ) | (43 | ) | ||||
| Payments of share price protection recognized in business combination | (4,459 | ) | (363 | ) | (2,679 | ) | — | |||||
| Repurchase of treasury shares | (96,387 | ) | (69,755 | ) | (10,661 | ) | — | |||||
| Net cash used in financing activities | (105,414 | ) | (74,447 | ) | (14,400 | ) | (1,146 | ) | ||||
| Increase (decrease) in cash and cash equivalents | (377,083 | ) | 8,595 | (183,313 | ) | 103,603 | ||||||
| Cash and cash equivalents at beginning of the year | 685,362 | 309,571 | 489,323 | 213,660 | ||||||||
| Effect of exchange rate fluctuations on cash | 1,292 | (997 | ) | 3,561 | (94 | ) | ||||||
| Cash and cash equivalents at end of the year | 309,571 | 317,169 | 309,571 | 317,169 | ||||||||
| Non-cash transactions: | ||||||||||||
| Intangible asset acquired on credit | 711 | — | — | — | ||||||||
| Property plant and equipment acquired on credit | 214 | 69 | 515 | 69 | ||||||||
| Recognition of a right-of-use asset | 929 | 1,275 | 730 | 60 | ||||||||
| Repurchase of treasury shares on credit | — | — | (2,140 | ) | — |
9
Non-IFRS Measures
The following are reconciliations of income before taxes, as calculated in accordance with International Financial Reporting Standards (“IFRS”), to EBITDA and Adjusted EBITDA, as well as of gross profit, as calculated in accordance with IFRS, to Adjusted Gross Profit:
| Three-Months Period Ended<br><br> December 31,<br> 2024 | |||||
|---|---|---|---|---|---|
| (In thousands of ) | |||||
| Net loss | (96,923 | ) | (9,060 | ) | |
| Tax expenses | 397 | 319 | |||
| Depreciation and amortization | 6,675 | 1,714 | |||
| Interest income | (42,573 | ) | (10,092 | ) | |
| EBITDA (loss) | (132,424 | ) | (17,119 | ) | |
| Finance income from revaluation of assets and liabilities | 51,878 | (5,649 | ) | ||
| Exchange rate differences | 705 | (1,892 | ) | ||
| Share-based payments expenses | 13,883 | 3,092 | |||
| Other non-GAAP income | (486 | ) | (371 | ) | |
| Impairment loss | 1,283 | 1,283 | |||
| Adjusted EBITDA (loss) | (65,161 | ) | (20,656 | ) | |
| Gross profit | 24,995 | 4,853 | |||
| Depreciation and amortization | 574 | 265 | |||
| Share-based payments expenses | 864 | 177 | |||
| Adjusted gross profit | 26,433 | 5,295 |
All values are in US Dollars.
EBITDA is a non-IFRS measure and is defined as earnings before interest income, income tax, depreciation and amortization. We believe that EBITDA, as described above, should be considered in evaluating the company’s operations. EBITDA facilitates operating performance comparisons from period to period and company to company by backing out potential differences caused by variations in capital structures (affecting interest expenses (income), net), and the age and depreciation charges and amortization of fixed and intangible assets, respectively (affecting relative depreciation and amortization expense, respectively) and EBITDA is useful to an investor in evaluating our operating performance because it is widely used by investors, securities analysts and other interested parties to measure a company’s operating performance without regard to the items mentioned above.
Adjusted EBITDA is a non-IFRS measure and is defined as earnings before other financial income, income tax, depreciation and amortization, share-based payments, impairment loss and other non-GAAP income, which consists of exceeded compensation for damaged inventory and fixed assets. Other financial expenses (income), net include exchange rate differences as well as finance expenses for revaluation of assets and liabilities. We believe that Adjusted EBITDA, as described above, should also be considered in evaluating the company’s operations. Like EBITDA, Adjusted EBITDA facilitates operating performance comparisons from period to period and company to company by backing out potential differences caused by variations in capital structures (affecting other financial expenses (income), net), and the age and depreciation charges and amortization of fixed and intangible assets, respectively (affecting relative depreciation and amortization expense, respectively), as well as from share-based payment expenses, and Adjusted EBITDA is useful to an investor in evaluating our operating performance because it is widely used by investors, securities analysts and other interested parties to measure a company’s operating performance without regard to non-cash items, such as expenses related to share-based payments.
Adjusted gross profit, excluding depreciation and amortization and share-based compensation expenses, is a non-IFRS measure and is defined as gross profit excluding amortization expenses. We believe that adjusted gross profit, as described above, should also be considered in evaluating the Company’s operations. Adjusted gross profit facilitates gross profit and gross margin comparisons from period to period and company to company by backing out potential differences caused by variations in amortization of inventory and intangible assets. Adjusted gross profit is useful to an investor in evaluating our performance because it enables investors, securities analysts and other interested parties to measure a company’s performance without regard to non-cash items, such as amortization expenses. Adjusted gross margin is calculated by dividing the adjusted gross profit by the revenues.
EBITDA, Adjusted EBITDA, and Adjusted gross profit do not represent cash generated by operating activities in accordance with IFRS and should not be considered alternatives to net income (loss) as indicators of our operating performance or as measures of our liquidity. These measures should be considered in conjunction with net income (loss) as presented in our consolidated statements of profit or loss and other comprehensive income. Other companies may calculate these measures differently than we do.
10
Exhibit 99.2
April 2025 6 Poi⭲L of Hía⭲sfoímaLio⭲ 2024 Results and 2025 Outlook:
Disclaimer Caulio3aív ole Regaídi3g Foíwaíd Ḻooki3g Slaleme3ls This presentation contains forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward - looking statements include statements regarding Nano’s future growth, strategic plan and value to shareholders, Desktop Metal’s strategic review process, and all other statements other than statements of historical fact that address activities, events or developments that Nano intends, expects, projects, believes or anticipates will or may occur in the future. Such statements are based on management’s beliefs and assumptions made based on information currently available to management. These forward - looking statements involve known and unknown risks and uncertainties, which may cause the Company’s actual results and performance to be materially different from those expressed or implied in the forward - looking statements. Accordingly, we caution you that any such forward - looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Because such statements deal with future events and are based on the current expectations of Nano, they are subject to various risks and uncertainties. The forward - looking statements contained or implied in this communication are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano’s annual report on Form 20 - F filed with the Securities and Exchange Commission (the “SEC”) on March 21, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano undertakes no obligation to publicly release any revisions to these forward - looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this communication. 2 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited.
Agenda 3 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. 1. Introduction 2. 2024 results and year - in - review 3. Leadership’s Focus and Transformation of Nano Dimension 4. Acquisitions of Desktop Metal and Markforged 5. Nano Dimension – Positioned for Digital Manufacturing Leadership
Ofií Bakaíav Chief ExecuLive officeí BosLo⭲, US6 Julie3 Ḻedeíma3 Chief Busi⭲ess Officeí Hel 6viv, Isíael 6ssaf Zipoíi Chief Fi⭲a⭲cial Officeí BosLo⭲, US6 Conference Call Speakers 4 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited.
We are a digital manufacturing leader. We are changing the way the world designs and manufactures high - performance, high - value parts. We innovate and deliver the industrial manufacturing solutions that are at the pinnacle of multi - disciplinary technology - combining hardware, software, and materials science. 5 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. Who we are
We’re Reinventing Manufacturing for Superior Parts Cleaí Visio⭲, Well CapiLalized, Píemium Hech
Executive Summary As Nano Dimension entered 2025 under new leadership, the Company underwent a strategic revitalization. The business has sharpened its focus on financial strength, critical products, profitable growth, and strong customer relationships. This defined approach has been meticulously applied to Nano Dimension’s core business and is now being systematically applied to Nano Dimension’s current opportunities. ew leadership: ew boaíd a3d ma3ageme3l Prudent on costs: $?0M i3 coíe busi3ess Product focus: Keep some, e…il some Applying playbook lo cuííe3l oppoílu3ilies 7 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited.
We transformed ano. ow we’re scaling that success. 8 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited.
2024 Results and Year - In - Review
10 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. Total revenue $57.8M Up 2.6% YoY Adj. Gross margin (l) fi5.8% Down 269 BPS YoY Adj. EBITDA loss (?) $65.?M Improved by 35% YoY Cash, cash equivalents, investable securities $8fi5M Net cash burn (3) $?3.5M Improved by 3.6X YoY 2024 Results Headlines Kev Peífoíma3ce Melíics (1) See Appendix Slide 29 (2) See Appendix Slide 28 (3) See Appendix Slide 30
Sales slío3geí lka3 eco3omic se3lime3l The core business has demonstrated stability despite the Purchasing managers’ index (PMI) being below 50 – a key economic indicator of negative sentiment. Sales Growth in a Challenging Macro Environment Success Despile Ma3ufacluíi3g Secloí Se3lime3l 45 47 49 51 53 55 $0M $20M $40M $60M 2022 2023 2024 Sales vs. PMI Annual revenue PMI - USA PMI - Germany PMI sentiment threshold 11 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. Slío3g cuslomeí dema3d Sales driven by alignment with strong sectors in aerospace & defense, automotive, and medical.
Operating Expenses Trend Oíga3izalio3al Efficie3cies Became a Focus Foí ?0?5 Hía3sfoímalio3 • Decline in absolute and proportional basis • Drastic improvements still required to get towards acceptable levels of Opex • Company underwent systemic over hall of business and operating model in Q1 2025, and will continue to do so Opeíali3g e…pe3ses impíoveme3l, bul moíe lo go $0M 12 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. $40M $80M $120M $160M $200M 2022 2023 2024 Opex and Opex Change - 19% - 26%
Leadership’s Focus and Transformation of ano Dimension
Shareholders Asked for Change We 6íe i3 lke Midsl of a Hía3sfoímalio3 Discipli3ed leadeískip lkal píioíilizes foílkíigkl3ess a3d líusl wilk i3vesloís Discipli3ed slíalegv lkal co3ce3líales o3 a coíe píoducl poílfolio lkal is sv3eígislic Discipli3ed opeíali3g model lkal is co3sla3llv cíiliqued foí efficie3cv a3d cosls Discipli3ed foíecasli3g lkal píovides fi3a3cial a3d KPI laígels lo accou3l foí píogíess 14 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited.
Our Business Transformation Playbook Discipli3e is 6l lke Ce3leí of Eveívlki3g We Have Do3e a3d Will Co3li3ue Ho Do 15 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. l ? 3 fi 6ssess Hía3sfoím I3vesl Gíow The Playbook We have assessed every single aspect of your company, and will continue to do so We have identified what needs to be transformed. We are investing only if there is a very clear path to profitability and attractive growth to deliver sufficient ROI. For everything else, we have taken decisive action.
Píoducl íalio3alizalio3 The Pillars of Our Assessments Slío3g compelilive adva3lage Differentiation to low - cost peers and insulation from players, particularly from the Far East Higk gíowlk pole3lial Focusing on the right segments by aligning with future trends and market opportunities 6llíaclive ROI oullook Ensuring capital is allocated where it is best used to meet shareholder expectations Opeíali3g model oplimizalio3 Be3ckmaík lo 3oímal e…pe3se íalios Managing our costs on basic principles, especially with regards to management and G&A costs 16 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. Bíeak - dow3 oíga3izalio3al silos Aligning sales & marketing with customer needs and scaling support services across the organization Opeíalio3al impíoveme3ls Less management, more doers and a flatter organization to innovate more effectively
Disco3li3ue píoducls Thorough, quick assessments and action Early Decisions: In vs Outs Wkal We Did Wilk a3o fíom Ja3uaív lo Maíck ?0?5 Reposilio3i3g x Shifting closer to the customer with increased presence in market. Refocused píoducls 17 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited.
Befoíe From Chaos to Control We 6íe Realizi3g a3o Dime3sio3's Full Pole3lial 6fleí Discipli3ed slíalegic focus $?0M i3 a33ual savi3gs U3ified slíeamli3ed oíga3izalio3 Fíacluíed slíucluíe o cleaí slíalegv Bloaled cosl base 18 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited.
Acquisitions of Desktop Metal and Markforged
Desktop Metal and Markforged • Markforged has its share of operational cost issues that must be addressed • Desktop Metal has liabilities and liquidity needs it cannot currently meet and has commenced its own independent process to evaluate all available strategic alternatives Ckalle3ges • We are addressing Markforged’s operational and cost structures 20 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. • We have provided Desktop Metal with limited funds to address immediate liquidity needs and allow a strategic process to continue 6clio3s Píioíilies • Maintaining Financial Strength • Driving Profitable Growth • Growing Margins • Building Indispensable Customer Partnerships
When Investors can Expect to Hear and See More Hke Mileslo3es 6kead 6píil 2025 Ju3e 2025 Slíalegic assessme3l Product rationalization and operational model optimization assessment underway 21 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. Fíom Julv 2025 Slíalegic updale An outlook for shareholders on the developing plans and execution Gíowlk a3d deliveív o3 pla3 A business that returns to growth with renewed focus, while also delivering on strategic plans
ano Dimension – Positioned for Digital Manufacturing Leadership
⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. 23 ano Dimension is primed to be the next digital manufacturing leader Aligned with strategic tailwinds: rapid manufacturing, re - shoring, supply chain resilience, IP security, and sustainability Strategic focus on market leading systems for high - value, high - growth parts Concentrated on serving key sectors: aerospace & defense, automotive, electronics, and medical Responsibly managed with a focus on profitable growth Strong capital base that enables strategic opportunities
⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. 24 Q & A
Appendix
26 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. Reconciliation for on - IFRS Measures Hke lable píese3ls lke fi3a3cial posilio3 as of Decembeí 3l, ?0?4, as publisked bv eack of lke lkíee compa3ies . Hable keadi3g Total 2024 NNDM MKFG DM¹ All amounts in thousands USD $291,665 $57,775 $85,090 $148,800 Revenues $40,847 $24,995 $41,070 ($25,218) Gross Profit (loss) $113,668 $26,433 $42,622 $44,613 Adjusted Gross Profit $424,865 $111,416 $127,749 $185,700 Operating Expenses $401,942 $96,923 $85,566 $219,453 Net Loss ($114,567) $ (65,161) N/A ($49,406) Adjusted EBITDA (loss) $919,483 $845,454 $53,629 $20,400 Cash, Cash Equivalents, deposits and investable Securities 1 DM's numbers are unaudited and are presented as published by DM on March 26, 2025 – See SEC filing
7 ⡧ 2025 Nano Dimension. All Rights Reserved. Distributio n, Citation or Copying Without Permission is Strictly Prohibited. 2 Reconciliation for on - IFRS Measures Hke followi3g aíe íeco3cilialio3s of i3come befoíe la…es, as calculaled i3 accoída3ce wilk I3leí3alio3al Fi3a3cial Repoíli3g Sla3daíds (“IFRS”), lo EBIHD6 a3d 6djusled EBIHD6, as well as of gíoss píofil, as calculaled i3 accoída3ce wilk IFRS, lo 6djusled Gíoss Píofil. See full íeco3cilialio3 a3d e…pla3alio3 i3 ?0?4FY a3o Dime3sio3 píess íelease publisked 6píil 30, ?0?5 Hable keadi3g 2024 2023 All amounts in thousands USD ($96,923) ($55,660) Net loss $397 $62 Tax expenses $6,675 $6,544 Depreciation and amortization ($42,573) ($45,904) Interest income ($132,424) ($94,958) EBITDA (loss) $51,878 ($21,887) Finance expenses (income) from revaluation of assets and liabilities $705 ($1,571) Exchange rate differences $13,883 $20,101 Share - based payments expenses ($486) ($1,627) Other non - GAAP income, net $1,283 - Impairment loss ($65,161) ($99,942) Adjusted EBITDA (loss)
Reconciliation for on - IFRS Measures Hke followi3g aíe íeco3cilialio3s of i3come befoíe la…es, as calculaled i3 accoída3ce wilk I3leí3alio3al Fi3a3cial Repoíli3g Standaíds (“IFRS”), to EBITDA and Adjusted EBITDA, as well as of gíoss píofit, as calculated in accoídance with IFRS, to Adjusled Gíoss Píofil. See full íeco3cilialio3 a3d e…pla3alio3 i3 ?0?4FY a3o Dime3sio3 píess íelease publisked 6píil 30, ?0?5 28 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. Hable keadi3g 2024 2023 All amounts in thousands USD $24,995 $25,458 Gross Profit $574 $390 Depreciation and amortization $864 $1,434 Share - based payments expenses $26,433 $27,282 Adjusted Gross Profit
Key metrics I3come slaleme3l 2024 2023 All amounts in thousands USD $57,775 $ 56 ,314 Revenue $2 4,995 $25,458 Gross Profit ($132,424) ($94,958) EBITDA (loss) ($65,161) ($99,942) Adjusted EBITDA (loss) ($96,923) ($55,660) Net loss Bala3ce skeel 2024 2023 All amounts in thousands USD $ 43,182 $ 48,552 Total liabilities $90 1 ,88 9 $1,064,338 Total assets $8 5 8,707 $1,015,786 Total equity Cask flow 2024 2023 All amounts in thousands USD ($93 ,2 15) ($180,456) Change in cash, cash equivalents and deposits ($69,755) ($96,387) Treasury shares repurchase ($23,460) ($84,069) Net Cash Burn (1) 1 Change in cash, cash equivalents, and deposit net of treasury shares repurchased 29 ⡧ 2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited.
Thank you nano - di.com For information • Website: NNDM investor page • Email: nano - di@icrinc.com