PresentationI would now like to turn the conference over to Ms. Purva Sanariya, Director of Investor Relations. Please go ahead, ma'am.Good evening, and welcome to the Nano Dimension Second Quarter 2025 Financial Results Conference Call. [Operator Instructions] Please note this event is being recorded.Purva SanariyaDirector of Investor Relations Thank you, and good evening, everyone. Welcome to Nano Dimension's Second Quarter 2025 Earnings Conference Call. Joining me today are our new CEO, Dave Stehlin; and ...

Nano Dimension (NasdaqCM:NNDM) Q2 2025 Earnings Call September 17, 2025 04:30 PM ET Company ParticipantsAssaf Zipori - CFOPurva Sanariya - Director of Investor RelationsDave Stehlin - CEOOperatorPlease note this event is being recorded. I would now like to turn the conference over to Ms. Purva Sanariya, Director of Investor Relations. Please go ahead, ma'am.Purva SanariyaThank you, and good evening, everyone. Welcome to Nano Dimension's second quarter 2025 earnings conference call. Joining me today are our ...

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $25.8 million, a year-over-year growth of approximately 72% compared to $15 million in Q2 2024, primarily driven by the acquisition of Markforged which contributed $16.1 million in revenue [12] - Excluding Markforged, revenue was $9.7 million for the quarter, down 35% year over year, reflecting strategic diversity tools and macroeconomic headwinds [12] - Gross profit for the quarter was $11.6 million, with a gross margin of approximately 44.7%, a decrease from 46.1% in the prior year [13] - Operating expenses for the quarter were $28.2 million, higher than the prior year due to combined operations with Markforged, but standalone operating expenses decreased by over 24% year over year [13] - Adjusted EBITDA for the quarter was a loss of $16.7 million compared to a loss of $14.6 million last year [13] - Total cash, cash equivalents, and investable securities stood at $551 million at the quarter end, down from $840 million at the end of Q1 2025 [14] Business Line Data and Key Metrics Changes - The integration of Markforged is progressing as planned, with efforts focused on identifying synergies and aligning operations [8] - The acquisition of Desktop Metal resulted in a non-cash impairment of $139.4 million and a loss from its operation of $30.4 million during the quarter [7] Market Data and Key Metrics Changes - Positive momentum is noted in regulated industries such as defense, with a critical defense order valued at approximately $3 million completed during Q2 [10] - Global brands like Nestlé are expanding their use of Markforged systems, indicating scalability and tangible ROI for customers [10] Company Strategy and Development Direction - The company is exploring a comprehensive range of strategic alternatives to unlock shareholder value, engaging Guggenheim Securities and Houlihan Lokey as financial advisors [6] - The focus is on high-value technologies and opportunities, with a commitment to capital discipline and margin expansion [10][16] - The mission is to lead the future of advanced digital manufacturing through differentiated technology platforms [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic headwinds, particularly in industrial sectors, but expresses confidence in the foundation being built for long-term growth [9][10] - The company remains committed to executing its strategy with focused teamwork, discipline, and transparency [17] Other Important Information - The transition from IFRS to U.S. GAAP reinforces the company's commitment to financial transparency [12] - The company remains one of the best capitalized in its ecosystem, focused on maintaining financial strength [8] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating that the Q&A session may not have occurred or was not included in the records.

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $25.8 million, representing a year-over-year growth of approximately 72% compared to $15 million in Q2 2024, primarily driven by the acquisition of Markforged which contributed $16.1 million in revenue [12] - Excluding Markforged, revenue was $9.7 million for the quarter, down 35% year over year, reflecting strategic diversity tools and macroeconomic headwinds [12] - Gross profit for the quarter was $11.6 million, with a gross margin of approximately 44.7%, a decrease from 46.1% in the prior year [13] - Operating expenses for the quarter were $28.2 million, higher than the prior year due to combined operations with Markforged, but standalone operating expenses decreased by over 24% year over year [13] - Total cash, cash equivalents, and investable securities stood at $551 million at the quarter end, down from $840 million at the end of Q1 2025, primarily due to cash paid for acquisitions [14] Business Line Data and Key Metrics Changes - The integration of Markforged is progressing as planned, with efforts focused on identifying synergies and aligning operations [8] - The acquisition of Desktop Metal resulted in a non-cash impairment of $139.4 million and a loss from its operation of $30.4 million during the quarter, included in net loss from discontinued operations [7] Market Data and Key Metrics Changes - Positive momentum is noted in regulated industries such as defense, with a critical defense order valued at approximately $3 million completed during Q2 [10] - Global brands like Nestlé are expanding their use of Markforged systems, indicating scalability and tangible ROI for customers [10] Company Strategy and Development Direction - The company is focused on unlocking shareholder value and exploring a comprehensive range of strategic alternatives with the help of Guggenheim Securities and Houlihan Lokey as financial advisors [6] - The strategic review and integration of Markforged are aimed at building a more agile and scalable company capable of delivering strong results over time [9] - The company aims to lead the future of advanced digital manufacturing by delivering innovative solutions to customers [16] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic headwinds, particularly in industrial sectors, but expresses confidence in the foundation being built to scale intelligently and drive innovation [10][16] - The focus remains on capital discipline, with every action guided by margin expansion, strategic clarity, and value creation [10] Other Important Information - The transition from IFRS to U.S. GAAP reinforces the company's commitment to financial transparency [12] - The company remains one of the best capitalized in its ecosystem, focused on maintaining financial strength [7] Q&A Session Summary - The Q&A session was briefly mentioned, but no specific questions or answers were provided in the transcript [18]

WALTHAM, Mass., Sept. 17, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”, “Nano”, or the “Company”), a leader in digital manufacturing solutions, today announced financial results for the second quarter ended June 30, 2025. The consolidated results incorporate the financial position and performance of Markforged Holding Corporation (“Markforged”) from the acquisition date of April 25, 2025, inclusive of revenue of $16.1 million, gross profit of $3.4 million and GAAP net loss o ...

Call to Be Held Wednesday, September 17, 2025 at 4:30 PM EST WALTHAM, Mass., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM), a leader in Digital Manufacturing solutions, today announced it will host a conference call and webcast to discuss its Q2 2025 financial results for the period ended June 30, 2025. Date: Wednesday, September 17, 2025Time: 4:30 pm ESTListen in via US dial-in: 1-844-695-5517Listen via international dial-in: 1-412-902-6751Listen via webcast: https://event.choruscal ...

Core Viewpoint - The shift from IFRS to GAAP accounting standards by Nano Dimension is perceived positively by investors, leading to a nearly 3% increase in share price despite the company's ongoing losses [1][5]. Group 1: Accounting Change - Nano Dimension transitioned from International Financial Reporting Standards (IFRS) to Generally Accepted Accounting Principles (GAAP), aligning its financials with major U.S. companies [2]. - The company published its 2024 annual results under GAAP, with revenue reported at under $57.8 million, consistent with IFRS figures [4]. Group 2: Financial Performance - The net loss for 2024 was reported at just under $99.9 million under GAAP, compared to a $96.9 million loss under IFRS, indicating a slightly steeper loss under the new accounting standard [5]. - No significant changes in line items raised concerns about the company's performance, reinforcing the positive market sentiment regarding the accounting shift [5].

Core Viewpoint - Desktop Metal, a subsidiary of Nano Dimension, has filed for Chapter 11 bankruptcy protection due to significant liabilities and liquidity issues stemming from prior management decisions [1][2]. Company Summary - Nano Dimension is a leader in Digital Manufacturing solutions, focusing on advanced technologies for industries such as defense, aerospace, automotive, electronics, and medical devices [3]. - The company aims to leverage strong trends in onshoring, national security, and product customization to enhance its market position [3]. Strategic Actions - The decision to file for bankruptcy was made by Desktop Metal's independent Board of Directors after exploring strategic alternatives to address financial challenges [2]. - Nano Dimension's CEO emphasized the importance of maintaining financial strength to pursue strategic opportunities effectively [3].

Financial Performance (Q1 2025) - Nano Dimension's total revenue reached $14.4 million, a 7.8% increase year-over-year[18] - The adjusted gross margin was 43.8%[19] - Adjusted EBITDA loss improved by 33% year-over-year to $9.0 million[19] - Cash, cash equivalents, deposits, and investable securities totaled $840 million[20] Strategic Decisions and Programs - Nano Dimension is implementing strategic programs focused on product rationalization and operating model optimization[25] - The company expects $20 million in annual savings from Q4 2025 onwards due to refocused products[23] - The company is discontinuing products and repositioning to increase market presence[22] Markforged Integration - Markforged's Q1 2025 revenue was $16.857 million[37] - Markforged's adjusted EBITDA loss was $8.963 million[41] - Nano Dimension is addressing operating expenses at Markforged and focusing on strategic sales engagements[31] Non-IFRS Measures Reconciliation (Q1 2025) - Nano Dimension's net loss was $24.011 million[37] - Markforged's net loss was $17.933 million[37] - Total adjusted EBITDA loss for Nano Dimension and Markforged combined was $18.333 million[37]

Core Viewpoint - The article discusses the importance of understanding market dynamics and the potential implications for investment strategies in the current economic environment [1]. Group 1: Market Dynamics - The current economic landscape is characterized by volatility, which presents both challenges and opportunities for investors [1]. - Analysts emphasize the need for a thorough analysis of market trends to identify potential investment opportunities [1]. Group 2: Investment Strategies - Companies are encouraged to adopt flexible investment strategies that can adapt to changing market conditions [1]. - The importance of diversification in investment portfolios is highlighted as a means to mitigate risks associated with market fluctuations [1].