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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Nano Dimension could differ materially from those described in or implied by the statements in this press release. For example, Nano Dimension is using forward-looking statements when it discusses its preliminary financial results for the fourth quarter ended December 31, 2021, and full year ended December 31, 2021, its expected revenue run-rate for the full year ending December 31, 2022, its ability to stay on or ahead of plan and its ability to create value for shareholders and other stakeholders and have the Company’s results show in its share price, its expected uses of capital, its expectation of minimal to no dilution and its expectations regarding future valuation. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Nano Dimension’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2022, and in any subsequent filings with the SEC. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: Nano Dimension’s ability to increase sales and revenue, its burn rate, and its ability to continue as a going concern. Except as otherwise required by law, Nano Dimension undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Nano Dimension is not responsible for the contents of third-party websites.
NANO DIMENSION INVESTOR RELATIONS CONTACT
Yael Sandler, CFO | ir@nano-di.com
Unaudited Consolidated Statements of Financial Position as at
| December 31, | ||||||||
| 2021 | 2020 | |||||||
| (In thousands of USD) | ||||||||
| Assets | ||||||||
| Cash and cash equivalents | 853,626 | 585,338 | ||||||
| Bank deposits | 437,598 | 85,596 | ||||||
| Restricted deposits | 148 | 62 | ||||||
| Trade receivables | 3,422 | 713 | ||||||
| Other receivables | 5,902 | 1,126 | ||||||
| Inventory | 11,199 | 3,314 | ||||||
| Total current assets | 1,311,895 | 676,149 | ||||||
| Bank deposits | 64,371 | - | ||||||
| Restricted deposits | 501 | 406 | ||||||
| Deferred tax | 1,007 | - | ||||||
| Property plant and equipment, net | 7,690 | 5,092 | ||||||
| Right of use asset | 4,491 | 3,169 | ||||||
| Intangible assets | - | 4,440 | ||||||
| Total non-current assets | 78,060 | 13,107 | ||||||
| Total assets | 1,389,955 | 689,256 | ||||||
| Liabilities | ||||||||
| Trade payables | 2,833 | 776 | ||||||
| Other payables | 13,836 | 5,910 | ||||||
| Financial derivatives | 14,910 | - | ||||||
| Current portion of other long-term liability | 417 | - | ||||||
| Total current liabilities | 31,996 | 6,686 | ||||||
| Liability in respect of government grants | 1,560 | 850 | ||||||
| Employee benefits | 4,145 | - | ||||||
| Lease liability | 3,336 | 2,618 | ||||||
| Deferred tax liabilities | 236 | - | ||||||
| Liability in respect of warrants and rights of purchase | 3,347 | 11,986 | ||||||
| Other long-term liabilities | 1,104 | - | ||||||
| Total non-current liabilities | 13,728 | 15,454 | ||||||
| Total liabilities | 45,724 | 22,140 | ||||||
| Equity | ||||||||
| Non-controlling interests | 875 | - | ||||||
| Share capital | 386,665 | 257,225 | ||||||
| Share premium and capital reserves | 1,266,027 | 518,426 | ||||||
| Treasury shares | (1,509 | ) | (1,509 | ) | ||||
| Presentation currency translation reserve | 1,407 | 1,431 | ||||||
| Accumulated loss | (309,234 | ) | (108,457 | ) | ||||
| Equity attributable to owners of the company | 1,343,356 | 667,116 | ||||||
| Total equity | 1,344,231 | 667,116 | ||||||
| Total liabilities and equity | 1,389,955 | 689,256 | ||||||
