Desktop Metal Inc - Class A logo

DM

Desktop Metal Inc - Class A

$3.56

Earnings Summary

Revenue
$43.71Mn
Net Profits
$-69.94Mn
Net Profit Margins
-160.03%

Highlights

Revenue:

Desktop Metal Inc - Class A’s revenue jumped 286.33% since last year same period to $43.71Mn in the Q1 2022. On a quarterly growth basis, Desktop Metal Inc - Class A has generated 4490.97% jump in its revenue since last 3-months.

Net Profits:

Desktop Metal Inc - Class A’s net profit fell -18.33% since last year same period to $-69.94Mn in the Q1 2022. On a quarterly growth basis, Desktop Metal Inc - Class A has generated 1.72% jump in its net profits since last 3-months.

Net Profit Margins:

Desktop Metal Inc - Class A’s net profit margin jumped 69.37% since last year same period to -160.03% in the Q1 2022. On a quarterly growth basis, Desktop Metal Inc - Class A has generated 97.86% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Desktop Metal Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.1
EPS Estimate Current Year
-0.1

Highlights

EPS Estimate Current Quarter:

Desktop Metal Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.1 - a 23.08% jump from last quarter’s estimates.

EPS Estimate Current Year:

Desktop Metal Inc - Class A’s earning per share (EPS) estimates for the current year stand at -0.1.

Key Ratios

Key ratios of the Desktop Metal Inc - Class A post its Q1 2022 earnings

Earning Per Share (EPS)
-0.14
Return on Assets (ROA)
-0.13
Return on Equity (ROE)
-0.55
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Desktop Metal Inc - Class A’s earning per share (EPS) fell -566.67% since last year same period to -0.14 in the Q1 2022. This indicates that the Desktop Metal Inc - Class A has generated -566.67% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Desktop Metal Inc - Class A’s return on assets (ROA) stands at -0.13.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Desktop Metal Inc - Class A’s return on equity (ROE) stands at -0.55.

Dividend Per Share (DPS):

Desktop Metal Inc - Class A declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
-0.13
-0.14
-7.69%

Company Information

Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with end-to-end 3D printing solutions. Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, the company is addressing the unmet challenges of speed, cost, and quality to make 3D printing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the world's 30 most promising Technology Pioneers by the World Economic Forum; named to MIT Technology Review's list of 50 Smartest Companies; and recognized among the most important innovations in engineering in Popular Science's "Best of What's New."

Organisation
Desktop Metal Inc - Class A
Employees
475
Industry
Industrial Services