Desktop Metal Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Public

  • Employees
  • 950

Employees

  • Stock Symbol
  • DM

Stock Symbol

  • Investments
  • 14

  • Share Price
  • $4.97
  • (As of Tuesday Closing)

Desktop Metal General Information

Description

Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, designers, and manufacturers. 3D metal printing helps in the design and development of automotive parts, consumer goods, manufacture of industrial equipment, and design of mechanical systems. The company ships its product to markets in the Americas, Europe Middle East and Africa (EMEA), and Asia Pacific (APAC). It derives maximum revenue from Americas.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Office Electronics
Other Industries
Other Commercial Products
Stock Exchange
NYS
Corporate Office
  • 63 Third Avenue
  • Burlington, MA 01803
  • United States
+1 (978) 000-0000

Desktop Metal Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Desktop Metal Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$4.97 $3.66 $3.62 - $21.10 $164M 33M 368K -$9.90

Desktop Metal Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 349,564 278,836 351,303 1,127,762
Revenue 188,982 189,698 209,023 112,408
EBITDA (255,910) (269,589) (680,996) (233,177)
Net Income (322,728) (323,271) (740,343) (240,334)
Total Assets 412,030 458,001 754,347 1,388,596
Total Debt 143,437 143,954 136,319 19,977
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Desktop Metal Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Desktop Metal Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Desktop Metal Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Desktop Metal Inc manufactures 3D printing to make metal and carbon fiber 3D printing accessible to all engineers, desig
Office Electronics
Burlington, MA
950 As of 2023
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000000000 (000)
Campbell, CA
000 As of 0000
00000
00000000 00000

0000

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0000000000 000000000
Rehovot, Israel
000 As of 0000
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000.00 0000-00-00
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Desktop Metal Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Velo3D Formerly VC-backed Campbell, CA 000 00000 00000000 00000
Xjet Venture Capital-Backed Rehovot, Israel 000 00000 00000000
LulzBot Formerly Angel backed Fargo, ND 000 00000 000000&0 00000
Nano Dimension Corporation Waltham, MA 000 00.000 000000&0 00.000
To view Desktop Metal’s complete competitors history, request access »

Desktop Metal Patents

Desktop Metal Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230415237-A1 Shot brush depowdering Pending 22-Jun-2022 000000000
US-20230364860-A1 Metathesis polymerization binders for additive manufacturing Pending 11-May-2022 0000000000
US-20230044534-A1 Retort for improved thermal processing of sinterable objects Pending 03-Aug-2021 000000000
EP-4137770-A1 Retort for improved thermal processing of sinterable objects Pending 03-Aug-2021 000000000 0
EP-4347156-A1 Methods and facility for additive manufacturing of three-dimensional metal parts Pending 03-Jun-2021 B22F10/14
To view Desktop Metal’s complete patent history, request access »

Desktop Metal Executive Team (25)

Name Title Board Seat Contact Info
Ric Fulop Chief Executive Officer & Chairman
Jason Cole Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Thomas Nogueira Chief Operating Officer, Operations
Jonah Myerberg Co-Founder, Senior Vice President of Global Engineering & Chief Technology Officer
Sarah Webster Chief Marketing Officer
You’re viewing 5 of 25 executive team members. Get the full list »

Desktop Metal Board Members (15)

Name Representing Role Since
Bilal Zuberi Ph.D Lux Capital Board Member 000 0000
Dayna Grayson New Enterprise Associates Board Member 000 0000
James Eisenstein JD Self Board Member 000 0000
Jeffrey Immelt Self Board Member 000 0000
Ric Fulop Desktop Metal Chief Executive Officer & Chairman 000 0000
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Desktop Metal Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Desktop Metal Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Desktop Metal Investments & Acquisitions (14)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
The ExOne Company 12-Nov-2021 0000000000 00000 Machinery (B2B) 000 00000
May Dental Lab 29-Oct-2021 0000000000 000.00 Laboratory Services (Healthcare)
Larry Brewer Dental Lab 14-Oct-2021 0000000000 00.00 Clinics/Outpatient Services
Shapeways Holdings 03-Oct-2021 0000 0000 Multimedia and Design Software
Aidro ( Construction and Engineering) 09-Sep-2021 Merger/Acquisition Construction and Engineering 000 00000
You’re viewing 5 of 14 investments and acquisitions. Get the full list »

Desktop Metal Subsidiaries (6)

Company Name Industry Location Founded
Aidro ( Construction and Engineering) Construction and Engineering Milan, Italy 2021
Meta Additive Machinery (B2B) Stoke-on-Trent, United Kingdom 0000
Forust Home Furnishings Burlington, MA 0000
Adaptive3D Other Commercial Products Plano, TX 0000
The ExOne Company Machinery (B2B) North Huntingdon, PA 0000
You’re viewing 5 of 6 subsidiaries. Get the full list »

Desktop Metal ESG

Risk Overview

Risk Rating

Updated April, 13, 2023

23.12 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.00

Percentile

Technology Hardware

Industry

00 of 675

Rank

00.00

Percentile

Technology Hardware

Subindustry

00 of 123

Rank

00.00

Percentile

To view Desktop Metal’s complete esg history, request access »

Desktop Metal FAQs

  • When was Desktop Metal founded?

    Desktop Metal was founded in 2015.

  • Who is the founder of Desktop Metal?

    Ric Fulop, Jonah Myerberg, Rick Chin, A. Hart Ph.D, Emanuel Sachs Ph.D, Christopher Schuh Ph.D, and Yet-Ming Chiang Ph.D are the founders of Desktop Metal.

  • Who is the CEO of Desktop Metal?

    Ric Fulop is the CEO of Desktop Metal.

  • Where is Desktop Metal headquartered?

    Desktop Metal is headquartered in Burlington, MA.

  • What is the size of Desktop Metal?

    Desktop Metal has 950 total employees.

  • What industry is Desktop Metal in?

    Desktop Metal’s primary industry is Office Electronics.

  • Is Desktop Metal a private or public company?

    Desktop Metal is a Public company.

  • What is Desktop Metal’s stock symbol?

    The ticker symbol for Desktop Metal is DM.

  • What is the current stock price of Desktop Metal?

    As of 18-Jun-2024 the stock price of Desktop Metal is $4.97.

  • What is the current market cap of Desktop Metal?

    The current market capitalization of Desktop Metal is $164M.

  • What is Desktop Metal’s current revenue?

    The trailing twelve month revenue for Desktop Metal is $189M.

  • Who are Desktop Metal’s competitors?

    Velo3D, Xjet, LulzBot, and Nano Dimension are competitors of Desktop Metal.

  • What is Desktop Metal’s annual earnings per share (EPS)?

    Desktop Metal’s EPS for 12 months was -$9.90.

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