earnings
confidence high
sentiment positive
materiality 0.70
Xometry Q1 revenue $105.3M (+26% YoY); marketplace revenue up 35%; guides Q2 $109-111M
Xometry, Inc.
2023-Q1 EPS reported
-$0.38
revenue$105,326,000
- Marketplace revenue $86.7M (+35% YoY, +10% QoQ); active buyers up 46% to 44,716.
- Adjusted EBITDA loss of $11.8M, a $0.9M improvement YoY; expects profitability in Q4 2023.
- Total gross profit $39.4M (+20% YoY); marketplace gross profit $24.9M (+41% YoY).
- Q2 revenue guidance $109-111M (14-16% YoY growth), driven by continued marketplace expansion.
- Launched UK marketplace (xometry.uk), acquired Turkey-based Tridi, and partnered with Alibaba 1688.com.