Manufacturing. Accelerated.
growth case]
$48B+ 2025E
addressable market (2)
[05]
Positioned for rapid growth over the next decade
Summary financials (1) ($M)
[100% organic
$942
Reflects only 2.0% of
CAGR: 87%
$584
$329
$268
•
$166
$134
$78
$26 $15 - $25
$44
($96)
($64)
($25)
($2)
Key growth drivers & commentary
Over 11x industry growth to $146B in 2030(2)
driven by accelerating adoption of additive for
mass production
-
Expanding Desktop Metal product portfolio — shift
to four products scheduled to ship by end of 2021
New applications enabled by material
development and introductions
Growing system install base yields compounding
consumables revenue
-
25% of 2025E revenue from install base
consumables & services recurring revenue
90+ Production System TM reservations provide
shipment visibility through the first half of 2024E(4)
30% MoM growth in Studio System TM & TM pipeline
2020 YTD (through June 30)
2019A
2020E
2021E
2022E
2023E
2024E
2025E
Organic growth case fully funded — opportunity.
for upside through consolidation of material
producers and parts providers
-
Revenue
Adj. EBITDA (3)
D Desktop Metal
1.
Presented financial data not inclusive of estimated public company-related costs of approximately $6M per year.
Source: Wohlers Report 2020 (2020 - 2029 forecast); 2030 figure based on management calculations.
3. Adj. EBITDA defined as Operating Income (Loss) plus Depreciation and Amortization, adjusted for stock-based compensation. Please reference slide 39 "Reconciliation of non-GAAP financials" for additional information.
regarding the non-GAAP measures. 2020E Adj. EBITDA assumes high end of 2020E revenue range ($15M - $25M).
4. Assumes 100% conversion of existing reservations to orders.
26View entire presentation