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Nano Dimension: Another Stellar Q2/2023 and H1/2023 Results
August 21, 2023 | Nano Dimension Ltd.Estimated reading time: Less than a minute
Nano Dimension Ltd., a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (AM), announced financial results for the second quarter ended June 30th, 2023.
Revenue
- $14.74 million for Q2/2023; up 33% over Q2/2022
- $29.70 million for H1/2023; up 38% over H1/2022
Gross Margin (“GM”)
- 44% for Q2/2023; up from 32% in Q2/2022
- 44% for H1/2023; up from 21% in H1/2022
Adjusted1 Gross Margin (“Adjusted GM”)
- 48% for Q2/2023; up from 40% in Q2/2022
- 47% for H1/2023; up from 40% in H1/2022
Adjusted EBITDA for Q2/2023 was negative $24 million, including Research & Development expenses: $13 million(2).
Adjusted EBITDA for H1/2023 was negative $47 million, including Research & Development expenses: $28 million(2).
Details regarding Adjusted EBITDA and Adjusted gross profit can be found below in this press release under “Non-IFRS Measures.”
(1) Excluding cost of revenues from depreciation and amortization and share-based compensation expenses.
(2) Excluding share-based compensation expenses and depreciation.
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