Xometry, the AI-driven digital marketplace that connects enterprise buyers with manufacturers globally, announced estimated unaudited preliminary revenue and gross profit margin for the three months ended December 31, 2021.
- Preliminary total revenue for the fourth quarter 2021 is expected to be in the range of $65.5 million to $67.5 million.
- Preliminary total revenue includes revenue from Thomas Publishing Company (“Thomas”) from the date of acquisition on December 9, 2021, which is expected to be in the range of $3.5 million to $4.5 million.
- Excluding Thomas, preliminary Xometry revenue for the fourth quarter 2021 is expected to be in the range of $62.0 million to $63.0 million, compared to $38.0 million for the fourth quarter 2020. This represents year-over-year growth of 63-66%, and year-over-year growth of 80-83% after further excluding sales of masks by one customer from both periods.
- In addition, we expect Xometry gross profit margin for the fourth quarter 2021, excluding Thomas, to be in the range of 27.3%-27.6% compared to 25.0% for the three months ended December 31, 2020.
Xometry expects to report its full fourth quarter and fiscal year 2021 financial results after the market close on March 17, 2022. The preliminary financial results ranges described herein have not been audited and are subject to adjustment based on Xometry’s completion of year-end financial close processes.
