Nano Dimension Ltd · NASDAQ:NNDM
Nano Dimension — FY2024 Earnings Presentation
30 slides from Nano Dimension's earnings presentation, April 2025
Slide 1: 2024 Results and 2025 Outlook: A Point of Transformation
2024 Results and 2025 Outlook: A Point of Transformation April 2025
Slide 2: Disclaimer
Disclaimer Cautionary Note Regarding Forward Looking Statements 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 valu
Slide 3: Agenda
Agenda 01 Introduction 02 2024 results and year-in-review 03 Leadership’s Focus and Transformation of Nano Dimension 04 Acquisitions of Desktop Metal and Markforged 05 Nano Dimension – Positioned for Digital Manufacturing Leadership ©2025 Nano Dimension. All Rights Reserved. Distribution, Citation o
Slide 4: Conference Call Speakers
Conference Call Speakers Ofir Baharav Julien Lederman Assaf Zipori Chief Executive officer Chief Business Officer Chief Financial Officer Boston, USA Tel Aviv, Israel Boston, USA ©2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. 4
Slide 5: Who we are
Who we are 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, an
Slide 6: We're Reinventing Manufacturing for Superior Parts
We’re Reinventing Manufacturing for Superior Parts Clear Vision, Well Capitalized, Premium Tech
Slide 7: Executive Summary
Executive Summary As Nano Dimension entered 2025 under new leadership, the Company underwent a strategic revitalization. New leadership: New board and management The business has sharpened its focus on financial Product focus: Keep some, exit some strength, critical products, profitable growth, and
Slide 8: We transformed Nano. Now we're scaling that success.
We transformed Nano. Now we’re scaling that success. ©2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. 8
Slide 9: 2024 Results and Year-In-Review
2024 Results and Year-In-Review
Slide 10: 2024 Results Headlines
2024 Results Headlines Key Performance Metrics Total revenue Adj. Gross margin (1) Adj. EBITDA loss (2) $57.8M 45.8% $65.2M Up 2.6% YoY Down 269 BPS YoY Improved by 35% YoY Net cash burn Cash, cash equivalents, (3) investable securities $23.5M $845M Improved by 3.6X YoY (1) See Appendix Slide 29 (2)
Slide 11: Sales Growth in a Challenging Macro Environment
Sales Growth in a Challenging Macro Environment Success Despite Manufacturing Sector Sentiment Sales vs. PMI $60M 55 Sales stronger than economic sentiment The core business has demonstrated stability despite the 53 Purchasing managers’ index (PMI) being below 50 – a key economic indicator of negati
Slide 12: Operating Expenses Trend
Operating Expenses Trend Organizational Efficiencies Became a Focus For 2025 Transformation Opex and Opex Change Operating expenses improvement, but more to go $200M • Decline in absolute and proportional basis $160M • Drastic improvements still required to get towards -19% acceptable levels of Opex
Slide 13: Leadership's Focus and Transformation of Nano Dimension
Leadership’s Focus and Transformation of Nano Dimension
Slide 14: Shareholders Asked for Change
Shareholders Asked for Change We Are in the Midst of a Transformation Disciplined leadership Disciplined strategy Disciplined operating Disciplined forecasting that prioritizes that concentrates on a model that is constantly that provides financial forthrightness and core product portfolio critiqued
Slide 15: Our Business Transformation Playbook
Our Business Transformation Playbook Discipline is At the Center of Everything We Have Done and Will Continue To Do We have assessed every single aspect of your company, and will continue to do so The Playbook We have identified what needs to be transformed. 4 3 2 We are investing only if there is a
Slide 16: The Pillars of Our Assessments
The Pillars of Our Assessments Product rationalization Strong competitive advantage High growth potential Attractive ROI outlook Differentiation to low-cost peers Focusing on the right segments Ensuring capital is allocated and insulation from players, by aligning with future trends and where it is
Slide 17: Early Decisions: In vs Outs
Early Decisions: In vs Outs What We Did With Nano from January to March 2025 Thorough, quick assessments and action x Discontinue products Refocused products Repositioning Shifting closer to the customer with increased presence in market. ©2025 Nano Dimension. All Rights Reserved. Distribution, Cita
Slide 18: From Chaos to Control
From Chaos to Control We Are Realizing Nano Dimension's Full Potential Before After No clear strategy Disciplined strategic focus Fractured structure Unified streamlined organization Bloated cost base $20M in annual savings ©2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying
Slide 19: Acquisitions of Desktop Metal and Markforged
Acquisitions of Desktop Metal and Markforged
Slide 20: Desktop Metal and Markforged
Desktop Metal and Markforged Challenges Actions Priorities • Markforged has its • We are addressing • Maintaining Financial share of operational Markforged’s Strength cost issues that must operational and cost • Driving Profitable be addressed structures Growth • Growing Margins • Desktop Metal has
Slide 21: When Investors can Expect to Hear and See More
When Investors can Expect to Hear and See More The Milestones Ahead April June From July 2025 2025 2025 Strategic assessment Strategic update Growth and delivery on plan Product rationalization and An outlook for shareholders on A business that returns to growth operational model optimization the de
Slide 22: Nano Dimension – Positioned for Digital Manufacturing Leadership
Nano Dimension – Positioned for Digital Manufacturing Leadership
Slide 23: Nano Dimension is primed to be the next digital manufacturing leader
Nano 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 k
Slide 24: Q&A
Q&A ©2025 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. 24
Slide 25: Appendix
Appendix
Slide 26: Reconciliation for Non-IFRS Measures
Reconciliation for Non-IFRS Measures The table presents the financial position as of December 31, 2024, as published by each of the three companies. Table heading All amounts in thousands USD DM¹ MKFG NNDM Total 2024 Revenues $148,800 $85,090 $57,775 $291,665 Gross Profit (loss) ($25,218) $41,070 $2
Slide 27: Reconciliation for Non-IFRS Measures
Reconciliation for 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 Pr
Slide 28: Reconciliation for Non-IFRS Measures
Reconciliation for 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 Pr
Slide 29: Key metrics
Key metrics Income Balance sheet Cash flow statement All amounts in All amounts in All amounts in 2023 2024 2023 2024 2023 2024 thousands USD thousands USD thousands USD Total liabilities $48,552 $43,182 Revenue $56,314 $57,775 Change in cash, cash equivalents and ($180,456) ($93,215) deposits Gross
Slide 30: Thank you
Thank you nano-di.com For information • Website: NNDM investor page • Email: nano-di@icrinc.com