Nano Dimension Mergers and Acquisitions Presentation Deck
Receiving 3D Systems Stock is not Compelling for
Stratasys Shareholders
Stratasys shareholders would own ~40% of the combined company with an uncertain outlook
PF Ownership
Stratasys
-40%
3D Systems
-60%
Stratasys' shareholders are being
offered a minority stake in 3D
Systems, which lost money in 4 out
of the 5 last years
Source: FactSet, 3D Systems SEC filings
Weak and Inconsistent Financial Performance - Net Income and EPS
($ in millions)
Since 2018, 3D Systems had mostly
negative net income and EPS
2018
($45)
($0.41)
$630
$570
2019
($70)
($0.61)
FY22 Guidance
as of 3/1/2022
$625
$580
2020
FY22 Guidance
as of 5/10/2022
($150)
($1.27)
Diluted EPS
3D Systems' Management Has Consistently Missed Historical Operating Targets
($ in millions)
Net Income
$322
$2.55
$570
2021
$530
FY22 Guidance
as of 8/9/2022
FY22 revenue guidance was
revised downwards multiple times
$545
2022
$535
($0.96)
FY22 Guidance
as of 11/9/2022
$538
FY2022 Actual
Revenue
NANODIMENSION
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