Action Nano Dimension (NNDM): Why the price jumped



  • The Nano Dimension Ltd (NASDAQ: NNDM) share price rose 10.39% in the last trading session. That’s why it happened.

The share price of Nano Dimension Ltd (NASDAQ: NNDM) – an industry leader in Additive Manufacturing Electronics (AME), Printed Electronics (PE) and Additive Micro Manufacturing (Micro-AM ) – increased by 10.39% in the last negotiation. session. Investors are reacting positively to the company’s results for the third quarter ended September 30.

Here are the highlights of the quarter:

– Nano Dimension reported revenues of $ 1,340,000 and $ 2,962,000 for the third quarter and nine-month periods ended September 30, 2021, respectively, compared to revenues of $ 438,000 and $ 1,428,000 for the third quarter and the nine-month periods ended September 30, 2020, respectively.

– The Company also ended the quarter with a cash and deposit balance of $ 1,385,391,000 (including unallocated short-term bank deposits).

– The total operating loss for the third quarter was $ 24,507,000 (including approximately $ 12,521,000 of non-cash stock-based compensation plus amortization charges).

KEY QUOTES:

“Our revenue for the nine months ended September 30, 2021 is up more than 107% compared to the same period in 2020, with an increase of 65% quarter over quarter (compared to second quarter 2021). While this is a substantial first indication of building up our sales and marketing network, as I mentioned earlier, these results do not necessarily constitute a full attestation of the company’s status. Our company is positively affected by the sporadic but repetitive adjustments of the industrial communities concerned towards a “mentality of living with Covid-19”. As encouraging as they are, our revenue figures are still too low in absolute terms to draw any meaningful conclusions. “

“Most important is the introduction of our new DragonFly IV system, combined with the FLIGHT software package which improves efficiency. Both were shown last week at the strategically important Productronica trade fair in Munich, Germany, which resumed after a two-year hiatus resulting from Covid-19 closures. “

“DragonFly IV is a unique and innovative additive manufacturing system of dielectric and conductive materials for the manufacture of high performance electronic devices (Hi-PED) by simultaneously depositing layers of proprietary materials, while simultaneously integrating in situ capacitors, antennas, coils , transformers and electromechanical components. DragonFly IV offers improved trace, spacing and vias precision, improved quality of high-end printed circuit boards (PCBs) and the ability to design and produce 3D Hi-PEDs in a production process in one step. New capabilities include integration with Nano Dimension’s new FLIGHT software, integration of 3D elements into the PCB, 3D designed Hi-PEDs, support for HDI level elements, traces of 75 µm; 100 µm spacing; 150 µm via, improved print quality, optimized yield with predictable conductivity and low thickness variation

“No less important is our announcement in early November regarding the acquisition of Essemtec AG of Lucerne, Switzerland. Essemtec’s product portfolio includes production equipment for the placement and assembly of electronic components on printed circuit boards. The products are leaders in highly flexible adaptive surface mount technology (SMT) pickup and placement equipment, sophisticated dispensers suitable for both high speed and micro-dispensing, as well as a intelligent production equipment storage and logistics system. The systems are equipped with a software package which allows a complete and efficient management of the material. Essemtec’s product portfolio will continue to be available to the thousands of organizations that have declared themselves to be Essemtec customers, while also being integrated with additive 3D printing technologies, part of the AME revolution that Nano Dimension is leading. with its existing product line. “

“In summary, for the foreseeable future, our three pillars of business development:

1.) Synergistic mergers and acquisitions (M&A),

2.) Accelerated Research and Development (R&D), and

3.) Revolution in marketing efforts

are slated to converge and are designed to fuel mutually accelerated scalable growth. The companies we have acquired as well as potential future targets for mergers and acquisitions are analyzed based on their ability to drive R&D efforts in a way that would not be possible otherwise. In addition, they are chosen based on their expected merger with the marketing channels for the products we develop, thereby contributing to the market presence we need to maximize our success. At the same time, we have planned and are currently executing and hope to surpass all current solutions for “robotic brains” in the areas of manufacturing, materials technologies and 3D printing performance. These, in turn, aim to create a set of inflection points disrupting activity. While, as usual, there are no guarantees as to the timing of this one, these milestones will hopefully lead to incremental value increases and create exceptional time-weighted ROI for all of our long-term investors. ”

– Yoav Stern, Chairman and CEO of Nano Dimension

Disclaimer: This content is intended for informational purposes. Before you make an investment, you need to do your own analysis.


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