Xometry Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 29, 2024
XMTR$119.31-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Loss
(In thousands, except share and per share data)
| Year EndedDecember 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $463,406 | $380,921 | $218,336 |
| Cost of revenue | 285,147 | 234,930 | 161,195 |
| Gross profit | 178,259 | 145,991 | 57,141 |
| Sales and marketing | 93,688 | 84,371 | 39,422 |
| Operations and support | 52,372 | 48,628 | 23,683 |
| Product development | 34,462 | 31,013 | 17,780 |
| General and administrative | 70,916 | 58,246 | 34,942 |
| Impairment of assets | 397 | 824 | - |
| Total operating expenses | 251,835 | 223,082 | 115,827 |
| Loss from operations | (73,576) | (77,091) | (58,686) |
| Other income (expenses) | |||
| Interest expense | (4,784) | (4,418) | (852) |
| Interest and dividend income | 11,607 | 4,115 | 982 |
| Other expenses | (1,511) | (2,183) | (2,866) |
| Income from unconsolidated joint venture | 446 | 570 | 41 |
| Total other income (expenses) | 5,758 | (1,916) | (2,695) |
| Loss before income taxes | (67,818) | (79,007) | (61,381) |
| Benefit (provision) for income taxes | 353 | (36) | — |
| Net loss | (67,465) | (79,043) | (61,381) |
| Net income (loss) attributable to noncontrolling interest | 7 | 16 | (2) |
| Net loss attributable to common stockholders | $(67,472) | $(79,059) | $(61,379) |
| Net loss per share, basic and diluted, of Class A and Class B common stock | $(1.41) | $(1.68) | $(2.33) |
| Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted, of Class A and Class B common stock | 47,914,039 | 47,158,247 | 26,318,349 |
| Comprehensive loss: | |||
| Foreign currency translation | $849 | $(81) | $(61) |
| Total other comprehensive income (loss) | 849 | (81) | (61) |
| Net loss | (67,465) | (79,043) | (61,381) |
| Comprehensive loss | (66,616) | (79,124) | (61,442) |
| Comprehensive income attributable to noncontrolling interest | 29 | 56 | — |
| Total comprehensive loss attributable to common stockholders | $(66,645) | $(79,180) | $(61,442) |
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