debt
confidence high
sentiment positive
materiality 0.80
Xometry launches $250M convertible note offering; Q4 prelim revenue $65.5-67.5M up 63-66% YoY
Xometry, Inc.
- Proposes $250M convertible senior notes due 2027; underwriters option for additional $37.5M.
- Preliminary Q4 2021 revenue $65.5-67.5M (incl. $3.5-4.5M from Thomas acquisition).
- Excluding Thomas, revenue $62-63M, up 63-66% YoY; adjusted for mask sales up 80-83%.
- Gross profit margin excluding Thomas 27.3-27.6% vs 25.0% in Q4 2020.
- Net proceeds to be used for working capital, general corporate purposes, and potential acquisitions.