XMTR - Xometry, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$75.00
DETAILS
HIGH:
$85.00
LOW:
$62.00
MEDIAN:
$78.00
CONSENSUS:
$75.00
DOWNSIDE:
15.93%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 686.6 | 545.5 | 463.4 | 380.9 | 218.3 | 141.4 | 80.2 |
| Cost of Revenue | 417.9 | 329.9 | 285.1 | 234.9 | 161.2 | 108.1 | 65.5 |
| Gross Profit | 268.8 | 215.6 | 178.3 | 146.0 | 57.1 | 33.3 | 14.7 |
| Operating Expenses | |||||||
| R&D Expenses | 46.8 | 39.3 | 34.5 | 31.0 | 17.8 | 12.2 | 10.6 |
| SG&A Expenses | 195.0 | 173.4 | 164.6 | 142.6 | 74.4 | 34.6 | 22.6 |
| Other Expenses | 72.5 | 59.1 | 52.8 | 49.5 | 23.7 | 15.7 | 12.0 |
| Operating Expenses | 314.3 | 271.8 | 251.8 | 223.1 | 115.8 | 62.5 | 45.3 |
| Operating Income | |||||||
| Operating Income | (45.5) | (56.1) | (73.6) | (77.1) | (58.7) | (29.2) | (30.5) |
| Interest Expense | 4.9 | 4.8 | 4.8 | 4.4 | 0.9 | 1.1 | 0.2 |
| Interest Income | 0 | 10.8 | 11.6 | 4.1 | 1.0 | 0 | 0 |
| Profitability | |||||||
| EBITDA | (37.5) | (28.2) | (52.3) | (66.8) | (56.9) | (26.9) | (28.9) |
| EBIT | (56.3) | (45.7) | (63.0) | (74.6) | (60.5) | (30.0) | (30.8) |
| Income Before Tax | (61.2) | (50.4) | (67.8) | (79.0) | (61.4) | (31.1) | (31.0) |
| Income Tax Expense | 0.6 | (0.0) | (0.4) | 0.0 | 0 | 0 | 0 |
| Net Income | (61.8) | (50.4) | (67.5) | (79.1) | (61.4) | (31.1) | (31.0) |
| Per Share Data | |||||||
| EPS (Basic) | -1.22 | -1.03 | -1.41 | -1.61 | -1.31 | -0.90 | -0.70 |
| EPS (Diluted) | -1.22 | -1.03 | -1.41 | -1.61 | -1.31 | -0.90 | -0.70 |
| Shares Outstanding | 50.8 | 49.1 | 47.9 | 47.2 | 46.7 | 44.3 | 44.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 15.0 | 22.2 | 53.4 | 65.7 | 86.3 | 59.9 | 40.1 |
| Short-Term Investments | 204.1 | 217.6 | 215.4 | 253.8 | 30.5 | 0 | 10.9 |
| Net Receivables | 97.4 | 74.0 | 70.1 | 49.3 | 32.4 | 14.6 | 12.4 |
| Inventory | 3.9 | 3.9 | 2.9 | 1.6 | 2.0 | 2.3 | 1.3 |
| Other Current Assets | 7.0 | 4.9 | 8.9 | 9.4 | 5.6 | 0 | 0 |
| Total Current Assets | 334.6 | 327.5 | 356.2 | 387.2 | 163.4 | 77.7 | 65.4 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 71.8 | 53.3 | 47.9 | 45.0 | 37.8 | 7.9 | 6.9 |
| Goodwill | 263.8 | 262.7 | 262.9 | 258.0 | 254.7 | 0.8 | 2.2 |
| Intangible Assets | 28.6 | 32.1 | 35.8 | 39.4 | 41.7 | 1.8 | 2.6 |
| Long-Term Investments | 4.1 | 4.1 | 4.1 | 4.1 | 4.2 | 0 | 0 |
| Other Non-Current Assets | 0.9 | 0.4 | 0.5 | 0.4 | 0.8 | 0.8 | 0.3 |
| Total Non-Current Assets | 369.1 | 352.6 | 351.2 | 346.9 | 339.2 | 11.3 | 12.0 |
| Total Assets | 703.7 | 680.1 | 707.4 | 734.1 | 502.6 | 89.0 | 77.4 |
| Current Liabilities | |||||||
| Account Payables | 44.6 | 35.0 | 43.9 | 12.4 | 12.7 | 5.6 | 7.9 |
| Short-Term Debt | 2.1 | 0 | 0 | 0 | 0 | 15.8 | 0 |
| Deferred Revenue | 10.3 | 7.9 | 7.4 | 8.7 | 7.9 | 2.4 | 1.8 |
| Other Current Liabilities | 31.7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 88.9 | 74.8 | 83.2 | 64.0 | 57.0 | 38.4 | 15.9 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 337.4 | 283.6 | 281.8 | 279.9 | 0 | 0 | 11.4 |
| Deferred Tax Liabilities | 0.1 | 0.2 | 0.3 | 0.4 | 0.0 | 0 | 0 |
| Other Non-Current Liabilities | (9.3) | 0.8 | 0.8 | 1.0 | 3.1 | 160.7 | 121.2 |
| Total Non-Current Liabilities | 338.0 | 289.7 | 293.8 | 298.3 | 20.1 | 161.8 | 134.7 |
| Total Liabilities | 427.0 | 364.5 | 377.0 | 362.3 | 77.1 | 200.2 | 150.5 |
| Stockholders' Equity | |||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | (432.0) | (370.3) | (319.9) | (252.4) | (173.3) | (112.0) | (77.6) |
| Accumulated Other Comprehensive Income | 4.8 | (0.3) | 0.9 | 0.0 | 0.1 | 0.2 | 0 |
| Total Stockholders' Equity | 275.6 | 314.5 | 329.3 | 370.7 | 424.4 | (111.2) | (73.1) |
| Total Liabilities & Equity | 703.7 | 680.1 | 707.4 | 734.1 | 502.6 | 89.0 | 77.4 |
| Debt Metrics | |||||||
| Total Debt | 349.3 | 295.1 | 299.5 | 302.3 | 22.5 | 17.9 | 14.6 |
| Net Debt | 334.3 | 272.9 | 246.1 | 236.7 | (63.8) | (42.0) | (25.5) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (61.7) | (50.4) | (67.5) | (76.0) | (61.4) | (31.1) | (31.0) |
| Depreciation & Amortization | 18.8 | 13.0 | 10.7 | 7.8 | 3.6 | 3.1 | 1.8 |
| Stock-Based Compensation | 36.4 | 29.3 | 22.1 | 19.2 | 7.4 | 1.0 | 0.5 |
| Change in Working Capital | (24.2) | (15.5) | (13.6) | (29.5) | (23.6) | 2.0 | (0.8) |
| Other Non-Cash Items | 37.0 | 8.2 | 18.5 | 16.6 | 5.6 | 2.9 | 0.9 |
| Operating Cash Flow | 6.1 | (15.4) | (29.9) | (62.6) | (68.6) | (22.0) | (27.1) |
| Investing Activities | |||||||
| Capital Expenditure | (30.2) | (18.1) | (18.5) | (13.7) | (6.3) | (4.2) | (2.7) |
| Acquisitions | 0 | 0 | (3.3) | 0.2 | (174.6) | 0 | (1.4) |
| Purchases of Investments | (8.5) | (18.8) | (11.6) | (284.1) | (267.5) | (17.7) | (28.9) |
| Sales/Maturities of Investments | 22 | 16.5 | 50 | 58.9 | 235 | 28.6 | 30.5 |
| Other Investing Activities | 0.1 | 0.2 | 0.2 | 253.8 | 0.6 | 0 | 0.2 |
| Investing Cash Flow | (16.6) | (20.2) | 16.8 | 15.1 | (212.7) | 6.7 | (2.4) |
| Financing Activities | |||||||
| Net Debt Issuance | 34.0 | 0 | 0 | 287.5 | (16.1) | 4.0 | (0.7) |
| Stock Repurchased | (8.1) | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | (8.8) | 0 |
| Other Financing Activities | (23.0) | (0.5) | (0.8) | (10.2) | (1.3) | 0.5 | 0.5 |
| Financing Cash Flow | 2.9 | 4.6 | 1.1 | 281.0 | 307.8 | 35.3 | 54.7 |
| Cash Position | |||||||
| Net Change in Cash | (7.2) | (31.2) | (12.2) | 233.2 | 26.4 | 19.8 | 25.2 |
| Cash at Beginning | 22.2 | 53.4 | 65.7 | 86.3 | 59.9 | 40.1 | 14.9 |
| Cash at End | 15.0 | 22.2 | 53.4 | 319.4 | 86.3 | 59.9 | 40.1 |
| Free Cash Flow | (24.1) | (33.5) | (48.4) | (76.2) | (74.8) | (26.2) | (29.8) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 686.6 | 545.5 | 463.4 | 380.9 | 218.3 | 141.4 | 80.2 |
| Gross Profit | 268.8 | 215.6 | 178.3 | 146.0 | 57.1 | 33.3 | 14.7 |
| Operating Income | (45.5) | (56.1) | (73.6) | (77.1) | (58.7) | (29.2) | (30.5) |
| Net Income | (61.8) | (50.4) | (67.5) | (79.1) | (61.4) | (31.1) | (31.0) |
| EPS (Diluted) | -1.22 | -1.03 | -1.41 | -1.61 | -1.31 | -0.90 | -0.70 |
| Balance Sheet | |||||||
| Cash & Equivalents | 15.0 | 22.2 | 53.4 | 65.7 | 86.3 | 59.9 | 40.1 |
| Total Assets | 703.7 | 680.1 | 707.4 | 734.1 | 502.6 | 89.0 | 77.4 |
| Total Debt | 349.3 | 295.1 | 299.5 | 302.3 | 22.5 | 17.9 | 14.6 |
| Stockholders' Equity | 275.6 | 314.5 | 329.3 | 370.7 | 424.4 | (111.2) | (73.1) |
| Cash Flow | |||||||
| Operating Cash Flow | 6.1 | (15.4) | (29.9) | (62.6) | (68.6) | (22.0) | (27.1) |
| Capital Expenditure | (30.2) | (18.1) | (18.5) | (13.7) | (6.3) | (4.2) | (2.7) |
| Free Cash Flow | (24.1) | (33.5) | (48.4) | (76.2) | (74.8) | (26.2) | (29.8) |