Nano Dimension’s Preliminary Q1/2023 Revenues: Approximately $14.6M Best Quarter in the Company’s History

All Revenue Growth since July 2022 was Organic
40% Increase Over Q1/2022
21% Increase Over Q4/2022

Below, a Video in which Yoav Stern, Chairman and Chief Executive Officer of the Company, Discusses the Company’s Revenue and M&A Status 

Waltham, Massachusetts, April 10, 2023 — Nano Dimension Ltd. (“Nano Dimension” or the “Company”) (Nasdaq: NNDM), an industry-leader in Additively Manufactured Electronics (AME), Printed Electronics (PE), and Micro Additive Manufacturing (Micro-AM), today announced a preview of its financial results for the first quarter ended March 31st, 2023.

On a preliminary basis, Nano Dimension reported unaudited approximated consolidated revenues of $14.6 million for the first quarter ended March 31st, 2023, a 40% increase over the first quarter ended March 31st, 2022, and a 21% increase over the fourth quarter ended December 31st, 2022.

The above information reflects preliminary estimates with respect to certain results of Nano Dimension for the first quarter ended March 31st, 2023, based on currently available information. The final first quarter results may vary from the preliminary estimates.

Yoav Stern, Chairman and Chief Executive Officer of Nano Dimension, commented: “The last quarter of 2022 was “our best quarter ever” at that time. The first quarter of every year is expected to be, traditionally, weaker than the rest of the quarters. However, due to a record organic growth of our DragonFly IV revenue as well as best quarterly revenue in Additive Electronic and Software and Hardware Ink Management Systems, the first quarter of 2023 is now, “our best quarter in revenue, ever.” It is a manifestation of our organizational development and our sales and marketing efficiency.”

Click here to watch the video: https://youtu.be/Kq5ozyF_MNQ

Yoav Stern sheds light on the Preliminary Quarterly Achievements as well as on M&A activity and Stratasys process.

A series of other videos are also available on Nano Dimension’s YouTube channel: https://www.youtube.com/@NanoDimension.

About Nano Dimension 

Nano Dimension’s (Nasdaq: NNDM) vision is to transform existing electronics and mechanical manufacturing into Industry 4.0 environmentally friendly & economically efficient precision additive electronics and manufacturing – by delivering solutions that convert digital designs to electronic or mechanical devices – on demand, anytime, anywhere

Nano Dimension’s strategy is driven by the application of deep learning based AI to drive improvements in manufacturing capabilities by using self-learning & self-improving systems, along with the management of a distributed manufacturing network via the cloud.

Nano Dimension serves over 2,000 customers across vertical target markets such as aerospace & defense, advanced automotive, high-tech industrial, specialty medical technology, R&D and academia. The company designs and makes Additive Electronics and Additive Manufacturing 3D printing machines and consumable materials. Additive Electronics are manufacturing machines that enable the design and development of High-Performance-Electronic-Devices (Hi-PED®s). Additive Manufacturing includes manufacturing solutions for production of metal, ceramic, and specialty polymers based applications – from millimeters to several centimeters in size with micron precision.

Through the integration of its portfolio of products, Nano Dimension is offering the advantages of rapid prototyping, high-mix-low-volume production, IP security, minimal environmental footprint, and design-for-manufacturing capabilities, which is all unleashed with the limitless possibilities of additive manufacturing.

For more information, please visit www.nano-di.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Nano Dimension is using forward-looking statements in this press release when it discusses its preliminary unaudited financial results for the first quarter ended March 31, 2023. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties. Actual results, performance, or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 30, 2023, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Nano Dimension is not responsible for the contents of third-party websites.

NANO DIMENSION INVESTOR RELATIONS CONTACT
Investor Relations | 

NANO DIMENSION MEDIA CONTACTS
Kal Goldberg / Bryan Locke / Kelsey Markovich | 

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Disclaimer
All transactions are carried out by The SiLLC Assembly, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to provide general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions, and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relate to The SiLLC Assembly International.

On track for record production in 2023 after first quarter

Mannheim, 11 April 2023. Deutsche Rohstoff AG provides an overview of the highlights of its operating performance in the first quarter of 2023:

  • Production in Q1 around 7% above expectations.
  • On track for 2023 to produce well above 10,000 BOEPD
  • Knight production in Q1 approximately 15% above reserve estimate
  • Utah production in Q1 was approximately 30% above reserve estimate, well ahead of plan
  • Oil and gas production from the Oxy JV exceeded the reserves report by approximately 25% in Q1
  • 37% of expected 2023 production and 75% of existing 2023 production is hedged at USD 75
  • Development of wells in Wyoming is on schedule

In the first quarter of the year, production was approximately 10,500 BOEPD, slightly above management’s expectations. With this production, the Group is on track for the expected annual production of well over 10,000 BOEPD. In the 2nd and 3rd quarter in particular, numerous well pads will start production and further increase production.

This positive development was driven by the Knight well pad in Colorado, drilling from the Oxy program and continued very strong production in Utah. All other well pads produced in line with expectations of the reserve estimate as of the end of 2022.

Deutsche Rohstoff has continued to increase its hedge book for 2023 and 2024 and is currently hedging 37% of the total annual 2023 production and 75% of the 2023 wells already producing at a price of USD 75 per barrel. Together with the hedges for 2024, approximately 950,000 barrels of oil are hedged at an average price of USD 74. The Company has thus further increased planning certainty, while at the same time having enough unhedged volumes to be able to profit significantly from a further price increase.

The wells in Wyoming are currently also developing very well. Cub Creek has already drilled the first 3 wells from the Lost Springs pad in Wyoming and expects to start production in the summer. Capital expenditures for the wells are approximately USD 29 million for CCE’s share.

As part of the drilling program with Oxy, 10 additional wells will begin production in Q2, with an additional 5 wells to be drilled in the fall of 2023. Salt Creek is investing approximately USD 58 million in these two well pads in 2023.

Activity also remains high on the “non-operated” acreage in Utah. In 2023, 45 wells are expected to commence production (1.1 net wells) at a rate of approximately 2.5% and capex of USD 9.8 million.

Overall, operational performance is very positive. Almost all major development projects are on schedule. With the start of production, they will further strengthen the operating base of Deutsche Rohstoff AG.

In the coming weeks, Deutsche Rohstoff AG will report further details on the operating development. The quarterly report for the first quarter of 2023 is expected to be published at the beginning of May, the annual report 2022 at the end of April.

 

Deutsche Rohstoff identifies, develops and sells attractive raw material deposits in North America, Australia and Europe. The focus is on the development of oil and gas deposits in the USA. Metals such as gold and tungsten round off the portfolio. Further information is available at www.rohstoff.de

Contact

Deutsche Rohstoff AG

Phone +49 621 490 817 0

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Disclaimer
All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.

Lightning Networks Power Arcario’s LN Markets to Record Q1 2023 Trading Volume

crocon media, April 21, 2023 — [msch] LN Markets, a subsidiary of Arcario, has recorded a record-breaking performance in Q1 2023, according to a report by the company. LN Markets, which uses the Lightning Network to facilitate fast and secure trading of Bitcoin and other digital assets, has reported an all-time high trading volume of over $10 billion. The remarkable growth in trading volumes comes amid growing institutional and retail investor demand for digital assets and financial technology.

The Lightning Network is a payment protocol that enables fast and secure transactions on the Bitcoin network. LN Markets leverages this technology to offer a decentralized trading platform that provides users with a seamless trading experience. LN Markets’ success is testament to the growing acceptance of digital assets in mainstream finance, as more investors look for alternative investment opportunities in a low-interest-rate environment.

Arcario, the parent company of LN Markets, is a leading provider of digital asset trading and investment solutions. The company is committed to providing innovative solutions that enable clients to access the growing digital asset market. Arcario has recently announced plans to expand its offerings to include tokenization and staking services, which will enable clients to invest in a range of blockchain-based projects.

In conclusion, the remarkable performance of LN Markets in Q1 2023 is a testament to the growing demand for digital asset trading and investment solutions. As more investors embrace the opportunities offered by digital assets and financial technology, companies like Arcario are well-positioned to benefit from this trend.

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Disclaimer
All transaction are carrying out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to SiLLC’s advisory activities relates to SiLLC Assembly International.


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