Xometry Q4 revenue up 46% to $98.2M, net loss widens; Q1 guidance 20-22% growth

Total revenue for the full year 2022 was $381.1 million, an increase of 75% year-over-year. • Marketplace revenue for the full year 2022 was $303.1 million. • Supplier services revenue for the full year 2022 was $77.9 million. • Total gross profit for the full year 2022 was $147.6 million, an increase of 158% year-over-year. Gross profit margin improved to 38.7% for year ended December 31, 2022 from 26.2% for the year ended December 31, 2021. • Marketplace gross profit margin improved to 28.6% for the year ended December 31, 2022 from 25.1% for the year ended December 31, 2021. • Net loss attributable to common stockholders was $76.0 million for the full year 2022, an increase of $14.6 million year-over-year, and Adjusted EBITDA was negative $41.8 million for the full year 2022, reflecting an increase of $2.0 million year-over-year.

Total revenue for the fourth quarter 2022 was $98.2 million, an increase of 46% year-over-year. • Marketplace revenue for the fourth quarter of 2022 was $79.1 million, an increase of 32% year-over-year. • Supplier services revenue for the fourth quarter of 2022 was $19.1 million. • Total gross profit for the fourth quarter 2022 was $36.0 million, an increase of 72% year-over-year. • Marketplace Active Buyers increased 45% from 28,130 as of December 31, 2021 to 40,664 as of December 31, 2022. • Marketplace Accounts with Last Twelve-Months Spend of at least $50,000 increased 47% from 701 as of December 31, 2021, to 1,027 as of December 31, 2022. • Marketplace Percentage of Revenue from Existing Accounts was 96%. • Net loss attributable to common stockholders was $24.4 million for the quarter, an increase of $0.5 million year-over-year, and Adjusted EBITDA was negative $14.2 million for the quarter, reflecting an increase of $2.4 million year-over-year.