Is desktop Metal profitable?

Is desktop Metal profitable?

Consensus from 6 of the American Machinery analysts is that Desktop Metal is on the verge of breakeven. They expect the company to post a final loss in 2022, before turning a profit of US$1.7m in 2023. Therefore, the company is expected to breakeven roughly 2 years from today.

Who has invested in desktop metal?

Desktop Metal is a public American technology company that designs and markets 3D printing systems. Headquartered in Burlington, Massachusetts, the company has raised $438 million in venture funding since its founding from investors such as Google Ventures, BMW, and Ford Motor Company.

Who owns Koch disruptive technologies?

Koch Industries
Founded in 2017, Koch Disruptive Technologies is a corporate venture capital of Koch Industries based in Wichita, Kansas.

Is desktop metal publicly traded?

Desktop Metal is now a publicly traded company, and they may soon follow up with a release of Production System P-1, which uses similar technology to the P-50.

Is Desktop Metal overvalued?

Desktop Metal shows a prevailing Real Value of $9.41 per share. The current price of the firm is $7.14. At this time, the firm appears to be undervalued….9.41.

What is Desktop metals revenue?

16.5 million USD (2020)
Desktop Metal/Revenue

Who is backing desktop metal?

Desktop Metal closes a $160M funding round, led by Koch Disruptive Technologies, bringing combined total funding to $438M, marking the largest total funding of any private 3D printing company to date.

Who is the CEO of desktop metal?

Ric Fulop
Ric Fulop is the CEO and co-founder of Desktop Metal, a company committed to accelerating the transformation of manufacturing with end-to-end metal 3D printing solutions.

Is Koch Industries privately owned?

Koch Industries is a private company that has annual revenues topping $110 billion.

Where is Koch Industries headquarters located?

Wichita, Kansas, United States
Koch Industries/Headquarters

Can I buy Desktop Metal stock?

Desktop Metal Inc., formerly Trine Acquisition Corp, offers additive manufacturing technologies focused on the production of end-use parts. , you can buy Desktop Metal stock in any dollar amount, or any other fund or stock you know on Stash.

When did Desktop metals go public?

December 10, 2020
Desktop Metal became a publicly listed company on December 10, 2020 after completing a business combination with Trine, a publicly traded SPAC.