Nano Dimension Records its Highest Quarterly Revenue

Nano Dimension Ltd., supplier of additively manufactured electronics and multi-dimensional polymer, metal and ceramic additive manufacturing 3D printers, announced a preview of its financial results for the fourth quarter ended December 31st, 2022, and full year ended December 31st, 2022. 

On a preliminary basis, Nano Dimension reported unaudited approximated consolidated revenues of $12.1 million for the fourth quarter ended December 31st, 2022, and $43.6 million for the full year ended December 31st, 2022. Unaudited consolidated cash and deposits balances as of the same date were approximately $1,030,000,000.

The above information reflects preliminary estimates with respect to certain results of Nano Dimension for the full year ended December 31st, 2022, based on currently available information. Because the audit for 2022 is in early stages, Nano Dimension’s final results may vary from the preliminary estimates.

In the 4th quarter of 2022, Nano Dimension generated the highest quarterly revenue in Nano Dimension’s history. It was 61% above Q4/2021 and 21% above Q3/2022.

In the full year 2022, Nano Dimension generated the highest annual revenue in Nano Dimension’s history. It was 316% above 2021 and over 1,180% above 2020.

Nano Dimension will release its full financial results for the fourth quarter and full year ended December 31st, 2022, before the Nasdaq Stock Market opens on Thursday, March 30th, 2023. Yoav Stern, Nano Dimension chairman and chief executive officer; Yael Sandler, chief financial officer; and Julien Lederman, head of Corporate Development, will host a conference call on March 30th, 2023, at 9:00 a.m. ET, to discuss the financial results.

Sources: Press materials received from the company and additional information gleaned from the company’s website.