Xometry Q4 revenue up 31% to $128M, appoints James Miln as CFO

Xometry, Inc.

2023-FY EPS reported -$1.41 revenue$463,406,000

Q4 revenue $128M (+31% YoY); marketplace revenue $112M (+42%); gross profit $49.1M (+39%).
Net loss $10.6M improved from $25.8M; Adjusted EBITDA loss $2.9M, improved $12.8M YoY.
Active buyers 55,458 (+36% YoY); marketplace gross margin 31.3% (+500 bps).
James Miln appointed CFO effective March 1, replacing retiring James Rallo (60-day transition). Miln from Yelp.
CEO says 'softer start to the year' in 2024 outlook, but remains confident in long-term growth.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

James Rallo

Chief Financial Officer

XMTR · Xometry, Inc.

Effective: 2024-03-01
Successor: James Miln
Filed: February 29, 2024, 6:59 PM ET

James Rallo, who notified the Company of his decision to retire from his position as the Company’s Chief Financial Officer on February 26, 2024, effective as of the Effective Date.

Appointed

James Miln

Chief Financial Officer

XMTR · Xometry, Inc.

Effective: 2024-03-01
Filed: February 29, 2024, 6:59 PM ET

On February 29, 2024, the Company announced that James Miln has been appointed to serve as the Company’s Chief Financial Officer, principal financial officer and principal accounting officer, effective as of March 1, 2024

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Xometry, Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue $128 million.

Period: fourth quarter and full year ended December 31, 2023
Revenue: $128 million
Result: reported results

Exact text from the filing

99.1 to this report. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Xometry Reports Fourth Quarter and Full Year 2023 Results • Q4 revenue increased 31% year-over-year to $128 million driven by strong, accelerated marketplace growth of 42% year-over-year. Supplier services revenue decreased 15% year-over-year primarily due to the approximate $2 million

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James Rallo retired as Chief Financial Officer at Xometry, Inc..

Action: retired
Role: Chief Financial Officer

Exact text from the filing

James Rallo, who notified the Company of his decision to retire from his position as the Company’s Chief Financial Officer on February 26, 2024, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James Miln was appointed as Chief Financial Officer at Xometry, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On February 29, 2024, the Company announced that James Miln has been appointed to serve as the Company’s Chief Financial Officer, principal financial officer and principal accounting officer, effective as of March 1, 2024

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Xometry, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-022637

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.