Nano Dimension Ltd · NASDAQ:NNDM

Nano Dimension — Q2 2023 Earnings Presentation

16 slides from Nano Dimension's earnings presentation, Aug 21, 2023

  1. Slide 1: Nano Dimension: Leading Manufacturing into the Future

    Nano Dimension Leading Manufacturing into the Future 2nd Quarter 2023 Results & Earnings Call Yoav Stern, Chairman & CEO Yael Sandler, CFO Julien Lederman, VP Corporate Development August 21st, 2023

  2. 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

  3. Slide 3: Highlights – Q2 2023

    Highlights – Q2 2023 Important Milestones Underscore Strong Business Momentum Headline financials Notable customer successes² ▪ Higher revenue of $14.7M ▪ US Department of Defense ▪ 33% higher from the same quarter in 2022 ▪ Fraunhofer Institute ▪ 38% higher from the same half in 2022 ▪ TactoTek ▪ I

  4. Slide 4: Financials – Q2 2023

    Financials – Q2 2023 Strong Business Performance Driving Improved Financial Strength In USD Q2 2022 Q2 2023 Year-over-year improvements Revenue $11.1M $14.7M Revenue Gross Profit (IFRS) $3.6M $6.5M Gross Margin (IFRS) 32% 44% ▪ 33% revenue growth; reflecting organic growth Adjusted Gross Profit (non

  5. Slide 5: Steady & Strong Revenue Growth

    Steady & Strong Revenue Growth Consistent Growth for Last Twelve Months (LTM) Revenue for Past 8 Quarters $75M $60M +15% $59M $52M +8% $45M +10% $48M +12% $44M $39M $30M +28% $30M +51% $15M $20M +92% $10M +113% $0M $5M Q3 2021 LTM Q4 2021 LTM Q1 2022 LTM Q2 2022 LTM Q3 2022 LTM Q4 2022 LTM Q1 2023 L

  6. Slide 6: Strong Growth and Increasing Margins

    Strong Growth and Increasing Margins Robust Year-on-Year Results Revenue Adjusted Gross Margin % (non-IFRS)1 $20M 60% Adjusted non-IFRS $15M 45% 48% $14.7M Adjusted non-IFRS 40% $10M $11.1M +33% 30% YoY IFRS $5M 15% IFRS $0M 0% Q2 2022 Q2 2023 Q2 2022 Q2 2023 1 See reconciliation of IFRS to non-IFRS

  7. Slide 7: Significantly Outperforming Peers

    Significantly Outperforming Peers Value-Creation Strategy Has Prompted Strong Growth Amidst Market Headwinds Nano Dimension vs. Peers Q2 2023 YoY Revenue Growth 50% 40% 33% 30% 20% 10% 5% Peer Group Avg. 1 0% (4%) (6%) (10%) (8%) (8%) Source Q2 2023 – Q2 2022 YoY Revenue Increase % / Decrease % ([DD

  8. Slide 8: Your Investment Is at Risk: Vote FOR the Nano Board

    Annual General Meeting (“AGM”) Your Investment Is at Risk Vote FOR the Nano Board X Murchinson Ltd. Delivering Results Has NO Vision and NO Value Creation Plan ✓Growth with strong fundamentals • Intention is to Liquidate Nano – 12x Revenue growth from 2020 to 2022 – Would deprive shareholders of con

  9. Slide 9: Your Investment Is at Risk: Vote AGAINST the Murchinson Proposals

    Annual General Meeting (“AGM”) Your Investment Is at Risk Vote AGAINST the Murchinson Proposals “I don't analyze the activity, because I don't understand 3D printing… we really have no idea what is good and what is not good to do here.” — Moshe Sarfaty, Murchinson Senior Analyst This is a quote take

  10. Slide 10: Learn more:

    Learn more: • Website: www.protectingnanovalue.com • Materials: – Letter to shareholders (August 16, 2023) – Click here to open – Letter to shareholders (August 8, 2023) – Click here to open – Voting instruction form – Click here to open – Notice of AGM – Click here to open ©2023 Nano Dimension. All

  11. Slide 11: Q&A

    Q&A ©2022 Nano Dimension. All Rights Reserved. Distribution, Citation or Copying Without Permission is Strictly Prohibited. 11

  12. Slide 12: Appendix

    Appendix NANODIMENSION Electrifying Additive Manufacturing”

  13. Slide 13: 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 (

  14. Slide 14: Reconciliation for Non-IFRS Measures

    Reconciliation for Non-IFRS Measures EBITDA is a non-IFRS measure and is defined as income before taxes, excluding depreciation and amortization expenses and amortization of assets recognized in business combination and interest income. We believe that EBITDA, as described above, should be considere

  15. Slide 15: Reconciliation for Non-IFRS Measures

    Reconciliation for Non-IFRS Measures Amounts in thousands of USD 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 wit

  16. Slide 16: Key Metrics Q2 2023

    Key Metrics Q2 2023 Amounts in thousands of USD Income Statement Balance Sheet Cash Flow Q2 2022 Q2 2023 Q2 2022 Q2 2023 Q2 2022 Q2 2023 Cash Total cash balance2 CF from 11,101 14,737 1,238,549 1,127,499 (21,968) (28,163) Revenue and marketable operations securities Adjusted CF from 4,435 7,005 Tota

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