Xometry Reports Third 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 September 30, 
   2022   2021   %
Change
 
          
Active Buyers(3)  36,789   26,187   40%
Percentage of Revenue from Existing Accounts(3)  96%  95%  1%
Accounts with Last Twelve-Months Spend of at Least $50,000(3)  974   603   62%
          

(2)   These key operating metrics are for Marketplace. See “Key Terms for our Key Metrics and Non-GAAP Financial Measures” below for definitions of these metrics.
(3)   Amounts shown for Active Buyers and Accounts with Last Twelve-Months Spend of at Least $50,000 are as of September 30, 2022 and 2021, and Percentage of Revenue from Existing Accounts is presented for the quarters ended September 30, 2022 and 2021.

Financial Guidance and Outlook:

   Q4 2022 
   (in millions) 
   Low   High 
Revenue $104.0  $106.0 
Adjusted EBITDA $(9.0) $(8.0 )

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