DIGITAL MANUFACTURING. REIMAGINED.
Q1 Financial Performance1
On track with 2021E projections
Strong revenue growth and profitability against comparable universe
Adj. EBITDA² ($mm)
Revenue ($mm)
% YoY
growth
12.3%
+4.2
I
I
38.7
34.4
Q1'20
Q1'21
FATHOM
Scaled Advanced Manufacturing /
Industry Disruptors
COGNEX
3D SYSTEMS
Adj.
26.9%
25.5%
PROTOLABS
EBITDA
margin
+0.6
I
9.2
9.8
Q1'20
Q1'21
materialise
stratasys ROPER
Early Stage /
Recent de-SPACS
BG D Desktop Metal Bright
Markforged VELO 3D
Revenue Growth³
Q1'20 Q1'21
EBITDA Margin³
Q1'21
12.3%
25.5%
1.7%
11.0%
N/M
N/M
Machines.
然
Source: Company filings, management projections, Factset as of 7/14/2021; Berkshire Grey data from SPAC announcement presentation as of 02/21, Mark Forged data from SPAC announcement presentation as of 2/24/21, Velo3D data from SPAC announcement presentation as of
3/23/21, Bright Machines data from SPAC announcement presentation as of 05/21
1 Fathom information reflects various adjustments to give pro forma effect to acquisitions completed in 2020 and 2021 as if such transactions occurred on January 1, 2020; 2 Adjusted EBITDA is a non-GAAP measure. Adjustments to EBITDA include transaction and integration costs,
non-recurring and non-cash items, compensation normalization and other accounting adjustments. See Appendix for a calculation of Adjusted EBITDA; 3 Figures shown represent group median
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