Financial results from the company

Nano Dimension (NASDAQ: NNDM) today released its Q1 2022 results report. Also, the company said that its revenue growth in Q1 2022.

Thus, shares of Nano Dimension are up 3.57% in the last five days. However, over the last six months, the company's shares have fallen by -39.46%.

Also, it is worth noting that the company has a 52-week high of $9.30 and a 52-week low of $2.17.

The company has a market capitalisation of USD 750 mln.

Report from Nano Dimension

The company today reported revenue of US$10,430,000 for Q1 2022 in its report. Moreover, this result is 1.186% higher than for the same quarter of 2021. Also, a 38% increase compared to Q4 2021.

Nano Dimension ended the quarter with a cash and deposit balance of USD 1.311 billion, but a net loss for Q1 of USD 33.3 mln.

Also, net cash used in operating activities in Q1 2022 was US$21.4 mln.

Nano Dimension was founded in 2012 and is headquartered in Waltham, Massachusetts.

Leadership of the company:

Yoav Stern - Chairman of the Board and CEO;
Yael Sandler - CFO;
Zivi Nedivi - President;
Neni Rubin - Vice President, Global Human Resources;
Hanan Gino - CPO and Head of Mergers and Acquisitions;
Ziki Peled - COO;
Tamir Margalit - VP, Research and Development.

A detailed report from Nano Dimension can be found here.