Xometry Reports Second Quarter 2022 Results

(1)   These non-GAAP financial measures, and reasons why we believe these non-GAAP financial measures are useful, are described below and reconciled to their most directly comparable GAAP measures in the accompanying tables.

Key Operating Metrics ( 2) :

   As of June 30, 
   2022   2021   %
Change
 
          
Active Buyers(3)  33,491   23,942   40%
Percentage of Revenue from Existing Accounts(3)  95%  95%  %
Accounts with Last Twelve-Months Spend of at Least $50,000(3)  894   508   76%
          

(2)   These key operating metrics are for Marketplace.
(3)   Amounts shown for Active Buyers and Accounts with Last Twelve-Months Spend of at Least $50,000 are as of June 30, 2022 and 2021, and Percentage of Revenue from Existing Accounts is presented for the quarters ended June 30, 2022 and 2021.

Financial Guidance and Outlook:

   Q3 2022   FY 2022 
   (in millions) 
   Low   High   Low   High 
Revenue $102.0  $104.0    $ 395.0     $ 400.0  
Adjusted EBITDA   $ (7.0 )   $ (6.0 )   $ (33.0 )   $ (31.0 )
                                 

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