Velo3D, Inc.

VLD

VLDVelo3D, Inc. US flag

New York Stock Exchange

1.28

USD

-0.07

- -

11.04MMarket Cap

Income Statement (USD)

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	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	19	27	79	77
+ Sales & Services Revenue	19	27	79	77
- Cost of Revenue	13	22	78	104
+ Cost of Goods & Services	13	22	78	104
Gross Profit	6	5	1	-26
+ Other Operating Income	- -	- -	- -	- -
- Operating Expenses	28	63	107	107
+ Selling, General & Admin	13	36	61	65
+ Research & Development	14	27	46	42
+ Other Operating Expense	- -	- -	- -	- -
Operating Income (Loss)	-21	-58	-106	-133
- Non-Operating (Income) Loss	1	49	-114	2
+ Interest Expense, Net	1	3	- -	10
+ Interest Expense	1	3	- -	10
- Interest Income	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	47	-115	-8
Pretax Income	-22	-107	8	-135
- Income Tax Expense (Benefit)	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -
Income (Loss) from Cont Ops	-22	-107	8	-135
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -
Income (Loss) Incl. MI	-22	-107	8	-135
- Minority Interest	- -	- -	- -	- -
Net Income, GAAP	-22	-107	8	-135
- Preferred Dividends	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-22	-107	8	-135
EBIT	-21	-58	-106	-133
EBITDA	-20	-55	-101	-124
EBITDA Margin (%)	-105.23	-199.54	-128.35	-160.05
EBITA	-21	-58	-106	-133
Gross Margin (%)	33.55	18.07	1.07	-33.92
Operating Margin (%)	-111.76	-210.5	-135.07	-172.07
Profit Margin (%)	-114.92	-390.29	10.13	-174.5
Sales per Employee	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -
Depreciation Expense	1	3	5	9
Basic Weighted Avg Shares	- -	1	5	6
Basic EPS, GAAP	-43.99	-87.81	1.51	-23.97
Basic EPS from Cont Ops	-43.99	-87.81	1.51	-23.97
Diluted Weighted Avg Shares	- -	1	6	6
Diluted EPS, GAAP	-43.99	-87.81	1.37	-23.97
Diluted EPS from Cont Ops	-43.99	-87.81	1.37	-23.97

Balance Sheet (USD)

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	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	28	268	172	118
+ Cash, Cash Equivalents & STI	16	223	80	31
+ Cash & Cash Equivalents	16	208	32	24
+ ST Investments	- -	15	48	7
+ Accounts & Notes Receiv	4	13	15	22
+ Accounts Receivable, Net	1	13	9	10
+ Notes Receivable, Net	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -
+ Other Receivable, Net	3	- -	5	13
+ Inventories	7	22	71	61
+ Raw Materials	5	17	59	48
+ Work In Process	2	6	13	10
+ Finished Goods	- -	- -	- -	2
+ Inventory Adjustments	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -
+ Other ST Assets	1	9	6	4
+ Misc ST Assets	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -
Total Noncurrent Assets	5	35	52	36
+ Property, Plant & Equip, Net	4	18	42	34
+ Property, Plant & Equip	6	21	49	43
- Accumulated Depreciation	2	3	6	9
+ LT Investments & Receivables	- -	- -	6	- -
+ LT Investments	- -	- -	6	- -
+ LT Receivables	- -	- -	- -	- -
+ Other LT Assets	1	16	3	2
+ Total Intangible Assets	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -
+ Misc LT Assets	1	16	3	2
Total Assets	33	303	223	154
+ Payables & Accruals	3	17	26	20
+ Accounts Payable	1	10	12	16
+ Accrued Taxes	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -
+ Other Payables & Accruals	2	7	13	4
+ ST Debt	4	7	5	23
+ ST Borrowings	4	5	3	21
+ ST Finance Leases	- -	2	2	2
+ Other ST Liabilities	5	22	15	5
+ Deferred Revenue	5	22	15	5
+ Derivatives & Hedging	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -
Total Current Liabilities	12	47	46	49
+ LT Debt	5	12	18	22
+ LT Borrowings	4	3	5	12
+ LT Finance Leases	- -	9	12	10
+ Other LT Liabilities	124	134	21	15
+ Accrued Liabilities	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -
+ Misc LT Liabilities	124	134	21	15
Total Noncurrent Liabilities	128	146	38	37
Total Liabilities	141	192	84	85
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -
+ Share Capital & APIC	15	340	362	425
+ Common Stock	- -	- -	- -	- -
+ Additional Paid in Capital	15	340	362	425
- Treasury Stock	- -	- -	- -	- -
+ Retained Earnings	-123	-230	-222	-357
+ Other Equity	- -	- -	-1	- -
Equity Before Minority Interest	-108	110	139	68
+ Minority/Non Controlling Interest	- -	- -	- -	- -
Total Equity	-108	110	139	68
Total Liabilities & Equity	33	303	223	154
Shares Outstanding	5	5	5	7
Number of Employees	- -	- -	- -	- -
Capital Leases - Total	1	11	15	12
Net Debt	-8	-200	-24	9
Net Debt to Equity	6.97	-180.71	-17.14	12.64
Tangible Common Equity Ratio	-329.82	36.47	62.22	44.43
Current Ratio	2.3	5.75	3.72	2.43
Cash Conversion Cycle	- -	281.16	238.66	221.67

Cash Flow Statement (USD)

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	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-22	-107	8	-135
+ Depreciation & Amortization	1	3	5	9
+ Non-Cash Items	1	51	-93	19
+ Stock-Based Compensation	1	4	20	25
+ Deferred Income Taxes	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	47	-113	-6
+ Chg in Non-Cash Work Cap	-7	-3	-44	1
+ (Inc) Dec in Accts Receiv	-2	-9	-2	-8
+ (Inc) Dec in Inventories	-3	-8	-47	14
+ (Inc) Dec in Prepaid Assets	1	-8	6	3
+ Inc (Dec) in Accts Payable	-2	9	9	-7
+ Inc (Dec) in Other	-2	12	-10	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Operating Activities	-26	-56	-124	-106
+ Change in Fixed & Intang	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	-18	-19	-3
+ Acq of Fixed Prod Assets	-3	-18	-19	-3
+ Acq of Intangible Assets	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	155	- -	39
+ Increase in Capital Stock	- -	155	- -	39
+ Decrease in Capital Stock	- -	- -	- -	- -
+ Net Change in LT Investment	- -	-15	-34	42
+ Dec in LT Investment	- -	- -	54	46
+ Inc in LT Investment	- -	-15	-88	-4
+ Net Cash From Acq & Div	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Investing Activities	-3	-34	-53	39
+ Dividends Paid	- -	- -	- -	- -
+ Net Cash From Debt	7	7	- -	20
+ Cash From Debt	8	36	9	138
+ Repayments of Debt	- -	-29	-9	-119
+ Other Financing Activities	28	121	1	1
+ Net Cash From Disc Ops	- -	- -	- -	- -
Cash from Financing Activities	36	283	1	59
Effect of Foreign Exchange Rates	- -	- -	- -	- -
Net Changes in Cash	6	193	-176	-7
EBITDA	-20	-55	-101	-124
EBITDA Margin (%)	-105.23	-199.54	-128.35	-160.05
Free Cash Flow	-30	-75	-143	-109
Net Cash Paid for Acquisitions	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	-143	- -
Free Cash Flow to Equity	- -	-67	-143	-89
Free Cash Flow per Basic Share	-60.27	-61.09	-27.13	-19.3
Price/Free Cash Flow	- -	-8.7	-3.48	-0.77
Cash Flow to Net Income	1.21	0.53	-15.56	0.78
Capital Expenditures	-3	-18	-19	-3