Nano Dimension Ltd · NASDAQ:NNDM
Nano Dimension — Q4 2022 Earnings Presentation
15 slides from Nano Dimension's earnings presentation, Mar 30, 2023
Slide 1: Leading Manufacturing into the Future: 4th Quarter & Full Year 2022 Results
Nano Dimension Leading Manufacturing into the Future 4th Quarter & Full Year 2022 Results Yoav Stern, Chairman & CEO Yael Sandler, CFO Julien Lederman, VP Corporate Development March 30th, 2023
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation of Nano Dimension Ltd. (the “Company” or “Nano Dimension”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “bel
Slide 3: Business – 4th Quarter and Full Year 2022
Business – 4th Quarter and Full Year 2022 Successes Demonstrating Accelerating Progress Customers & partnerships Business & technology • Notable customer successes, including early 2023 • Acquired GIS and Admatec/Formatec – Defense Contractor – NNDM’s 9th • Launched Admaflex130 Evolution as next-gen
Slide 4: Financials – 4th Quarter and Full Year 2022
Financials – 4th Quarter and Full Year 2022 Business Progress Translating to Improving Financial Strength Q4 2021 Q4 2022 Highlights Revenue $7.5M $12.1M • Growth Adjusted EBITDA (loss)1 ($15.8M) ($24.1M) – Revenue and adjusted gross profit growth R&D Cash Expenses $9.0 $17.2M of 300% + YoY Adjusted
Slide 5: Continued Significant Growth
Continued Significant Growth Strong Year-on-Year Results Revenue Adjusted Gross Profit1 $48 M $24 M Adjusted $36 M +316% $18 M +326% non-IFRS YoY YoY IFRS $24 M $12 M $12 M $6 M Adjusted non-IFRS IFRS $0 M $0 M 2021 2022 2021 2022 1 See reconciliation of IFRS to non-IFRS in slide 14 ©2023 Nano Dimen
Slide 6: M&A Synergies Showing Results
M&A Synergies Showing Results Revenue Growth Demonstrates Growth Value Generation of Commercial Franchise M&A synergies generated avg. combined organic growth of 24% Additive Electronics AM/GIS AM/Admatec 12 months Pre / Post acquisition revenues 12 months Pre / Post acquisition revenues 6 months Pr
Slide 7: Improving Operational Efficiency
Improving Operational Efficiency Operating Expenses as a Percentage of Revenue Decreasing Operating Expenses as % of Revenue (400% +) 2021 2022 ©2023 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. 7
Slide 8: Fuel to Become Industry Leader With Capital to Support Growth
Fuel to Become Industry Leader With Capital to Support Growth Multiple of Cash Balance¹ to Annual Net Cash Used in Operating Activities² 12.5x 2.3x 1.0x 0.6x 0x 3x 6x 9x 12x 15x 1 Including cash, cash equivalents, investment in trading securities, and short and long-term unrestricted bank deposits (
Slide 9: Our Move to Become a Market Leader
Our Move to Become a Market Leader Stratasys As A Strategic Option Amongst ~5 Ongoing Discussions With Other Sizeable Targets Nano’s revised offer from March 29th, 2023 The opportunity • $19.55 per share for 100% ownership • Generate significant synergies to become a – Building on our existing owner
Slide 10: Additional comments and Q&A
Additional comments and Q&A NANODIMENSION Electrifying Additive Manufacturing ®
Slide 11: Recent Questions from Shareholders
Recent Questions from Shareholders Addressing Common Questions General 1. What are the other areas of additive manufacturing (AM) that NNDM does besides additively manufactured electronics (AME)? o Micro-AM with the Fabrica 2.0 for millimeter size parts with one micron resolution and precision-AM wi
Slide 12: Appendix
Appendix NANODIMENSION Electrifying Additive Manufacturing*
Slide 13: Investing In Our Future
Investing In Our Future Committed to R&D to Secure Our Technological and IP Leadership R&D Expenses R&D Expenses as % of Total Operating Expenses Unhindered R&D Focus With Our Strong Capital Position Investing in all Our Groups to Build a Long-Lasting Competitive Edge Products and Services $24 M 80%
Slide 14: Reconciliation for Non-IFRS Measures
Reconciliation for Non-IFRS Measures Amounts in thousands of USD The following is a reconciliation of EBITDA and Adjusted EBITDA to loss before taxes, as calculated in accordance with International Financial Reporting Standards (“IFRS”): Q4 2021 Q4 2022 FY 2021 FY 2022 Loss before taxes (163,912) (8
Slide 15: Key Metrics Q4 2022
Key Metrics Q4 2022 Amounts in thousands of USD Income Statement Balance Sheet Cash Flow Q4 2022 Q4 2021 Q4 2022 Q4 2021 Q4 2022 Q4 2021 Cash Total CF used in 12,104 7,531 cash equivalents 1,147,009 1,355,595 (26,278) (14,586) Revenue and marketable operations securities CF from (used Gross profit 7