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NESS ZIONA, Israel - Nano Dimension Ltd . (NASDAQ:NNDM), a leader in the field of 3D printed electronics with a market capitalization of $1.06 million and trailing twelve-month revenue of $6.6 million, has filed its audited financial statements for the year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC) today. The report includes the company’s audited consolidated financial statements, the consent of its auditors, and management’s annual report on internal control over financial reporting.
The company’s filings are in compliance with the SEC’s Form 6-K requirements for foreign private issuers and are incorporated by reference into its existing registration statements on Forms F-3 and S-8. This allows the documents to be part of the registration statements from the date of submission, provided they are not superseded by later filed documents.
Nano Dimension’s SEC filing is a routine disclosure that provides investors with updated financial information, including the company’s performance and financial position as of the end of the 2024 fiscal year. The inclusion of the auditor’s consent and the report on internal control over financial reporting underscores the company’s commitment to transparency and adherence to regulatory requirements. According to InvestingPro analysis, the company currently appears undervalued, though it maintains a WEAK overall financial health score, with a notably high gross profit margin of 72.84%.
Investors will have access to the full documents filed with the SEC, which are attached as exhibits to the 6-K report. These documents offer detailed insights into Nano Dimension’s financial health and are essential for making informed investment decisions. The company’s next earnings report is scheduled for May 5, 2025. For deeper analysis and comprehensive insights, investors can access the detailed Pro Research Report available exclusively on InvestingPro, offering expert analysis of key metrics and growth drivers.
The information in this article is based on a press release statement.
In other recent news, Desktop Metal has completed its merger with Nano Dimension, making Desktop Metal an indirect wholly owned subsidiary of Nano Dimension. This transaction, valued at $179.3 million or $5.295 per share, follows all necessary regulatory approvals and is expected to result in annual revenue exceeding $200 million for the year ending December 31, 2024, based on preliminary and unaudited results. The merger has led to changes in Desktop Metal’s board, with new directors appointed by Nano Dimension, while the former executive officers of Desktop Metal continue in their roles. The Delaware Court of Chancery had ordered Nano Dimension to complete the merger, following a ruling that found Nano Dimension had materially breached the merger agreement. Cantor Fitzgerald has maintained a Neutral rating on Desktop Metal shares, with a price target of $5.00, citing challenges in hardware sales due to macroeconomic conditions. The firm projects a sequential revenue increase of 21% for the upcoming quarterly report, though this marks a 16% decline compared to the same period last year. Nano Dimension’s acquisition of Desktop Metal aims to strengthen its position in advanced manufacturing solutions across high-growth industries.
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