Trade Xometry Inc - XMTR CFD

Xometry, Inc. Company profile

About Xometry Inc

Xometry, Inc. provides artificial intelligence (AI)-enabled marketplace for on-demand manufacturing and transforming industries. The Company uses technology to create a marketplace that enables buyers to source on-demand manufactured parts and assemblies and allows sellers of manufacturing services. The Company offers a platform for buyer to utilize the seller services, including financial services or the purchase of supplies. The buyers as individuals, place an order to purchase on-demand parts or assemblies on platform. Through its platform the sellers offers a diversified mix of manufacturing processes. The manufacturing processes include computerized numerical control (CNC) manufacturing, sheet metal manufacturing, 3D printing, die casting, injection molding, urethane casting, as well as finishing services, prototyping and production. The Company offers financial services products, such as Xometry Pay, an integrated payment processing tool for sellers and the Xometry Advance Card.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Xometry Inc revenues increased 54% to $218.3M. Net loss applicable to common stockholders increased 54% to $61.4M. Revenues reflect U.S. segment increase of 46% to $202M. Higher net loss reflects General and administrative - Bala increase from $11.5M to $31.4M (expense), Advertising Expense increase of 73% to $20.7M (expense).