- Nano Dimension Ltd. is a 3D printing company focused on producing specialized PCBs (printed circuit boards) with significant exposure to IoT (Internet of Things).
- A $2.5 billion market capitalization with less than $10 million in annual revenue, NNDM is deep in blue-sky territory.
- NNDM fails to provide evidence that it can successfully transition from low volume prototype supplier to mass market vendor, thus there remains little to justify its valuation level.
- Good news is that NNDM fundamentals have dramatically improved after a couple of equity issuances in 2020 and early 2021, which solves the cash burn issue for the time being.
For further details see:
Nano Dimension: Rich Potential, Poor Execution