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Desktop Metal (DM) Company Overview

Profile

Full Name:

Desktop Metal, Inc.

Sector:

Technology

Country:

United States

IPO:

May 3, 2019

Indexes:

Not included

Description:

Desktop Metal (DM) is a company that specializes in 3D printing technology. It focuses on creating metal parts for various industries, including automotive and aerospace. DM aims to make metal printing faster, more affordable, and accessible, helping businesses innovate and improve their manufacturing processes.

Key Details

Price

$2.69

Annual Revenue

$189.70 M(-9.25% YoY)

Annual EPS

-$10.00(+57.45% YoY)

Annual ROE

-84.06%

Beta

0.62

Events Calendar

Earnings

Next earnings date:

Mar 14, 2025

Recent quarterly earnings:

Oct 31, 2024

Recent annual earnings:

Mar 15, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Jun 11, 2024

Analyst ratings

Recent major analysts updates

Jul 8, 24 Cantor Fitzgerald
Neutral
Jul 1, 24 Craig-Hallum
Hold
Jun 11, 24 Cantor Fitzgerald
Overweight
Feb 28, 24 Cantor Fitzgerald
Overweight
May 26, 23 Benchmark
Buy
May 11, 23 Credit Suisse
Neutral
Mar 6, 23 Credit Suisse
Neutral
Mar 3, 23 Morgan Stanley
Overweight
Jan 6, 23 Morgan Stanley
Equal-Weight
Dec 16, 22 JP Morgan
Neutral

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Datametrex Announces Share Consolidation
Datametrex Announces Share Consolidation
Datametrex Announces Share Consolidation
DM
accessnewswire.comFebruary 6, 2025

TORONTO, ON / ACCESS Newswire / February 6, 2025 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTCQB:DTMXF) announces a proposed consolidation of its common shares on the basis of one (1) ‎new common share for every existing thirty (30) common shares (the "Consolidation"), subject ‎to regulatory approval, including approval of the TSX Venture Exchange (the "TSXV"). The Consolidation was approved by the shareholders of the Company at the Annual and Special Meeting held on November 13, 2024.

Datametrex Receives $1.1M P.O.
Datametrex Receives $1.1M P.O.
Datametrex Receives $1.1M P.O.
DM
accessnewswire.comFebruary 6, 2025

TORONTO, ON / ACCESS Newswire / February 6, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that its wholly owned subsidiary, Datametrex Korea, received Purchase Orders (P.O.) for service and tech support valued at approximately $1.1M, with a projected gross profit margin of approximately 63%, as of January 31, 2025.

DataMetrex Receives New P.O. for $440k
DataMetrex Receives New P.O. for $440k
DataMetrex Receives New P.O. for $440k
DM
accesswire.comJanuary 10, 2025

TORONTO, ON / ACCESSWIRE / January 10, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that its wholly owned subsidiary, Datametrex Korea, received a new Purchase Order (P.O.) of approximately $440K with projected gross profit of approximately 33%, on December 30, 2024.

Delaware Court of Chancery Grants Desktop Metal's Motion for an Expedited Trial; Trial to be Set for February; Desktop Metal Files Second Lawsuit Against Nano Dimension for Breach of Merger Agreement
Delaware Court of Chancery Grants Desktop Metal's Motion for an Expedited Trial; Trial to be Set for February; Desktop Metal Files Second Lawsuit Against Nano Dimension for Breach of Merger Agreement
Delaware Court of Chancery Grants Desktop Metal's Motion for an Expedited Trial; Trial to be Set for February; Desktop Metal Files Second Lawsuit Against Nano Dimension for Breach of Merger Agreement
DM
businesswire.comJanuary 3, 2025

BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that at a hearing held in the Delaware Court of Chancery on December 30, 2024, the Court granted Desktop Metal's motion for an expedited trial in the lawsuit Desktop Metal filed on December 16, 2024 against Nano Dimension Ltd. (“Nano Dimension”). In the lawsuit, Desktop Metal alleged that Nano Dimension has breached its obligation under the merger agreement between Desktop Metal and Nano Dimensi.

Datametrex Cancels RSUS
Datametrex Cancels RSUS
Datametrex Cancels RSUS
DM
accesswire.comDecember 23, 2024

TORONTO, ON / ACCESSWIRE / December 23, 2024 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC Pink:DTMXF) announces that it has cancelled an aggregate of 12,000,000 unvested restricted share units ("RSUs") previously held by former employees, directors and officers of the Company, pursuant to the Company's 2023 omnibus incentive plan (the "Plan"). As announced in the press releases dated January 29, 2024 and February 15, 2024, the Company granted 22,100,000 restricted share units on January 29, 2024, vesting on January 29, 2025, and 12,500,000 RSUs on February 15, 2024, vesting on February 15, 2025, pursuant to the Plan.

Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement
Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement
Desktop Metal Files Lawsuit Against Nano Dimension for Breach of Merger Agreement
DM
businesswire.comDecember 20, 2024

BURLINGTON, Mass.--(BUSINESS WIRE)--Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) today announced that it has filed a lawsuit against Nano Dimension Ltd. (“Nano Dimension”) in the Delaware Court of Chancery (the “Court”), alleging that Nano Dimension has breached its obligation to use reasonable best efforts to obtain regulatory approval as soon as practicable in connection with the merger agreement between the parties (the “Merger Agreement”). The Court has scheduled an expedited hearing on.

Datametrex Receives Approx $250K Purchase Order
Datametrex Receives Approx $250K Purchase Order
Datametrex Receives Approx $250K Purchase Order
DM
accesswire.comDecember 11, 2024

TORONTO, ON / ACCESSWIRE / December 11, 2024 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that it has received purchase orders (P.O.) of approximately $250K CAD from its IT services on December 9, 2024.

Datametrex Secures Additional P.O. Approx $250K for IT Services
Datametrex Secures Additional P.O. Approx $250K for IT Services
Datametrex Secures Additional P.O. Approx $250K for IT Services
DM
accesswire.comNovember 21, 2024

TORONTO, ON / ACCESSWIRE / November 21, 2024 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTCPINK:DTMXF) is pleased to announce that the Company has received an additional purchase order (P.O.) of approximately $250K CAD on November 20, 2024.

Datametrex Announces AI and Tech Purchase Order (P.O.)
Datametrex Announces AI and Tech Purchase Order (P.O.)
Datametrex Announces AI and Tech Purchase Order (P.O.)
DM
accesswire.comNovember 20, 2024

TORONTO, ON / ACCESSWIRE / November 20, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTCQB:DTMXF) is pleased to announce that it has received high margin purchase orders (P.O.) of approximately $500K with expense of approximately $300K, resulting in a gross profit margin of approximately 40%.

Datametrex Completes Financial Obligations Following Litigation Settlement
Datametrex Completes Financial Obligations Following Litigation Settlement
Datametrex Completes Financial Obligations Following Litigation Settlement
DM
accesswire.comNovember 13, 2024

TORONTO, ON / ACCESSWIRE / November 13, 2024 / Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM)(FSE:D4G)(OTC PINK:DTMXF) is pleased to announce that it has successfully fulfilled and completed its financial obligations arising from the litigation settlement between the Company and certain parties. In accordance with the settlement terms, Datametrex has issued shares of its common stock to resolve outstanding debt, effectively concluding the Company's obligations under the agreement.

FAQ

  • What is the ticker symbol for Desktop Metal?
  • Does Desktop Metal pay dividends?
  • What sector is Desktop Metal in?
  • What industry is Desktop Metal in?
  • What country is Desktop Metal based in?
  • When did Desktop Metal go public?
  • Is Desktop Metal in the S&P 500?
  • Is Desktop Metal in the NASDAQ 100?
  • Is Desktop Metal in the Dow Jones?
  • When was Desktop Metal's last earnings report?
  • When does Desktop Metal report earnings?
  • Should I buy Desktop Metal stock now?

What is the ticker symbol for Desktop Metal?

The ticker symbol for Desktop Metal is NYSE:DM

Does Desktop Metal pay dividends?

No, Desktop Metal does not pay dividends

What sector is Desktop Metal in?

Desktop Metal is in the Technology sector

What industry is Desktop Metal in?

Desktop Metal is in the Computer Hardware industry

What country is Desktop Metal based in?

Desktop Metal is headquartered in United States

When did Desktop Metal go public?

Desktop Metal's initial public offering (IPO) was on May 3, 2019

Is Desktop Metal in the S&P 500?

No, Desktop Metal is not included in the S&P 500 index

Is Desktop Metal in the NASDAQ 100?

No, Desktop Metal is not included in the NASDAQ 100 index

Is Desktop Metal in the Dow Jones?

No, Desktop Metal is not included in the Dow Jones index

When was Desktop Metal's last earnings report?

Desktop Metal's most recent earnings report was on Oct 31, 2024

When does Desktop Metal report earnings?

The next expected earnings date for Desktop Metal is Mar 14, 2025

Should I buy Desktop Metal stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions