Nano Dimension Ltd · NASDAQ:NNDM
Nano Dimension — IPO Roadshow (December 2018)
37 slides from Nano Dimension's IPO roadshow presentation, Dec 6, 2018
Slide 1: December 2018 Free Writing Prospectus
December 2018 NASDAQ/TASE: NNDM www.nano - di.com Filed Pursuant to Rule 433 Issuer Free Writing Prospectus dated December 6 , 2018 Relating to Preliminary Prospectus dated December 6 , 2018 Registration No. 333 - 228521
Slide 2: Free Writing Prospectus Statement
2 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Free Writing Prospectus Statement This presentation highlights basic information about us and the offering to which this presentation relates. Because it is a sum mary, it does not contain all of the information t
Slide 3: Forward Looking Statements
3 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Forward Looking Statements This presentation of Nano Dimension Ltd . (the “ Company ” ) contains “ forward - looking statements ” within the meaning of the Private Securities Litigation Reform Act and other securi
Slide 4: Offering Summary
4 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Offering Summary Issuer Nano Dimension Ltd. Exchange/Ticker NASDAQ/ NNDM Offering Size Approximately $ 25M (100% Primary) Over Allotment 15% (100% Primary) Use of Proceeds Expedite growth, further advance breakthr
Slide 5: Nano Dimension is the world's leading additive electronics provider
5 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. 5 NASDAQ / TASE : NNDM Nano Dimension is the world’s leading additive electronics provider, targeting the growing demand for increasingly sophisticated electronic devices that rely on encapsulated sensors, antenna
Slide 6: Nano Dimension Key Drivers
6 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Nano Dimension Key Driver Unmatched product portfolio Proven business model, positive traction Significant technology and first mover advantage Focused growth initiatives and execution Open - ended growth opportun
Slide 7: Company Timeline
7 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Company Timeline 2014 2016 2017 2018 Listed on Nasdaq 2016: Early access trials with Fortune 500 companies Quarter by quarter growth: Q1 2018: $635k Q2 2018: $1,088k Q3 2018: $1,672k Listed on TASE 2014 - 2016 : R
Slide 8: Experienced Leadership Team
8 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Experienced Leadership Team Amit Dror CEO and Co - Founder Simon Fried US President, CBO and Co - Founder Yael Sandler CFO Jaim Nulman CTO Tim Sheehan VP Global Sales Gilad Reshef VP Sales, APAC Director Avi Reich
Slide 9: High precision inkjet multi-material 3D printing
9 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. High precision inkjet technology Multi - material 3D printing Combining conductive nano - metals & polymers First additive manufacturing for functional 3D electronics + = Breaking Electronic Design Time and Cost B
Slide 10: Select Financial Data
10 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. NASDAQ / TASE NNDM ADR Ratio: 1:5 Revenues Q4 2017: $440k Q1 2018: $635k Q2 2018: $1,088k Q3 2018: $1,672k Market Cap $41M * Cash $7.5M ** No debt Shares outstanding 96.5 M ** (equivalent to 19.3 M ADS) Average g
Slide 11: Growth Trend Validates Our Products' Value
11 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Growth Trend Validates Our Products ’ Value Q 4 2017 $440,000 Q1 2018 $ 635,000 Q2 2018 $1,088,000 Q3 2018 $ 1,672,000 Revenues $
Slide 12: Recent Highlights
12 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Recent Highlights Sold several DragonFly Pro systems to different branches of the United States Armed Forces Marked U.S. growth with additional systems sales Certified U.S. Department of Defense vendor and sold D
Slide 13: First Nine Months Highlights: Asia-Pacific
13 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. First Nine Months Highlights: Asia - Pacific Established local HK subsidiary Expanded regional coverage through leading resellers operating in China, Taiwan and Korea Appointed APAC Director and hired local team
Slide 14: First Nine Months 2018 Highlights: Worldwide
14 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. First Nine Months 2018 Highlights: Worldwide • Commenced global sales in US, EU and Asia Pacific • Opened multiple Customer Experience Centers in the US, Israel and Hong Kong • Formed strategic partnerships with
Slide 15: Expanding Global Coverage
15 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Expanding Global Coverage Distributors Customers Headquarters
Slide 16: Growth Catalyst: Industry 4.0 Convergence
16 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. 2017 2019 2021 2023 2025 75 51 36 27 “All revolutions are disruptive, and Industry 4.0 is no exception. It poses risks, but offers tremendous opportunity: for new products and services, better ways to serve custo
Slide 17: Tangible Customer Value With Attractive ROI
17 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Tangible Customer Value With Attractive ROI Increase design power Protect IP Accelerate time to market Improve efficiency
Slide 18: Delivering Additive Electronics Where it Counts
18 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Printed Antennas Miniaturizing Modules Embedding Electronic Components Within Circuit Boards Encapsulating Sensors Delivering Additive Electronics Where it Counts Manufactured with the DragonFly Pro Precision Sys
Slide 19: Case Study: Harris Corporation RF Amplifier
19 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Case Study: Harris Corporation RF Amplifier Multi - national Joint Project for Space Systems Research & Development “… results showed similar RF performance between the 3 D printed version and the baseline amplif
Slide 20: Significant First Mover Advantage and Timing
20 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Significant First Mover Advantage and Timing • Additive Manufacturing analysts predict 3 D printed electronics will be the next high - growth application for product innovation • 2018 3 D printed electronics mark
Slide 21: Open-Ended Revenue Growth Potential
21 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Open - Ended Revenue Growth Potential INDUSTRY VERTICALS • Defense • Automotive • Industrial • Aerospace • Consumer electronics & IoT • Telecom • Medical devices RESEARCH INSTITUTES • Academic institutions and un
Slide 22: Scalable Technology and Manufacturing Platform
22 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Scalable Technology and Manufacturing Platform In - house DragonFly Pro system manufacturing In - house nano ink manufacturing - Capacity to meet future demand Top quality certified ISO 14001 and OHSAS 18001
Slide 23: The Nano Dimension Difference
23 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. The Nano Dimension Difference DOMAIN EXPERTISE TOP TIER CHANNEL TECHNOLOGY PLATFORM MISSION CRITICAL APPLICTIONS HARDWARE CONSUMABLES SOFTWARE SERVICES
Slide 24: Proven Recurring Revenue Model That Scales
24 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Proven Recurring Revenue Model That Scales Razor and blades model: As the install base of systems grows, the portion of recurring revenues from consumables increases significantly yr 1 yr 2 yr 3 yr 4 yr 5 Consuma
Slide 25: Expected Target Operating Model 2018-2020
25 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Expected Target Operating Model 2018 - 2020 We expect revenue CAGR of at least 100 % We expect gross profit margin of 50 % * We expect cash used in operations to decline by approximately 50 % by 2020 *Excluding c
Slide 26: Strategic Growth Plan
26 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Strategic Growth Plan Horizon 2 Monetize commercially available products and services for additive electronics design Horizon 1 Deliver higher speed production - grade additive electronics systems and more materi
Slide 27: Capitalization Table
27 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Cap Table Capitalization Table (As of 11/19/2018) # of Shares WAEP $ Value % of Fully Diluted ADSs Outstanding (Public) 18 , 282 , 751 86.33 % ADSs Outstanding ( Directors & Officers ) 1 , 031 , 581 4.87 % Treasu
Slide 28: Key Highlights
28 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Key Highlights Unmatched product portfolio Proven business model, positive traction Significant technology and first mover advantage Focused growth initiatives and execution Open - ended growth opportunities Expe
Slide 29: Thank You
29 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Nano Dimension® Copyright © 20 ϭϴ Nano Dimension Ltd. Nano Dimension, DragonFly, AgCite and the DragonFly logo are trademarks of Nano Dimension. Printed November 2018 DragonFly ™ Follow us: @nanodimensiontech @3D
Slide 30: Speaker Annotations
30 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Speaker Annotations The following is the text of a script read in a video presentation of this Free Writing Prospectus . Slide - 1 - My name is Amit Dror and I’m the CEO and Co - founder of Nano Dimension. Nano D
Slide 31: Speaker Annotations
31 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Speaker Annotations Slide - 6 - We achieved a lot in four years of operation: We raised the first money in 2014 on the TASE, the Tel Aviv Stock Exchange, and bu ilt an organization with top - tech experts. It too
Slide 32: Speaker Annotations
32 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Speaker Annotations Slide - 8 - The reason we are unique with no significant competition in sight, is based on the technological barrier we were able to over com e: We combined high - end inkjet printing technolo
Slide 33: Speaker Annotations
33 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Speaker Annotations Slide - 11 - In June, Nano Dimension USA, our wholly owned subsidiary with headquarters in Santa Clara, became a certified vendor by the U .S. Department of Defense. That opened the door to sa
Slide 34: Speaker Annotations
34 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Speaker Annotations Slide - 15 - Taking a 10,000 feet view on the global market and trends, it’s worth noticing that the world of production is changing towar ds more smart and more connected devices. The growing
Slide 35: Speaker Annotations
35 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Speaker Annotations Slide - 19 - So how big is the market for Nano Dimension? Our market is the “3D Printed Electronics market”, which is estimated today in t he hundreds of millions of dollars and is expected to
Slide 36: Speaker Annotations
36 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Speaker Annotations Slide - 22 - What makes us different than other additive manufacturing suppliers, is our focus on bringing additive manufacturing to the h ear t of professional electronics domain. Our platfor
Slide 37: Speaker Annotations
37 NASDAQ / TASE : NNDM www.nano - di.com | © 2018 Nano Dimension. All rights reserved. Speaker Annotations Slide - 26 - NNDM has 19.3 million ADSs, with every ADS representing 5 ordinary shares, 96.5 million ordinary shares. There is 1.2% of war ran ts, but as you can see their strike price is out