Key Operating Metrics(2):
| As of September 30, | ||||||||||||
| 2024 | 2023 |
%
Change | ||||||||||
| Active Buyers(3) | 64,851 | 52,382 | 24 | % | ||||||||
| Percentage of Revenue from Existing Accounts(3) | 97 | % | 96 | % | ||||||||
| Accounts with Last Twelve-Months Spend of at Least $50,000(3) | 1,506 | 1,223 | 23 | % | ||||||||
| Active Paying Suppliers(3) | 6,762 | 7,415 | (9 | )% | ||||||||
- These key operating metrics are for Marketplace and Supplier Services. See “Key Terms for our Key Metrics and Non-GAAP Financial Measures” below for definitions of these metrics.
- Amounts shown for Active Buyers, Accounts with Last Twelve-Months Spend of at Least $50,000, and Active Paying Suppliers are as of September 30, 2024 and 2023, and Percentage of Revenue from Existing Accounts is presented for the quarters ended September 30, 2024 and 2023.
Financial Guidance and Outlook:
| Q4 2024 | ||||||||
| (in millions) | ||||||||
| Low | High | |||||||
| Revenue | $ | 145 | $ | 147 | ||||
- Expect to be slightly Adjusted EBITDA profitable in Q4 2024.
Xometry’s fourth quarter 2024 financial outlook is based on a number of assumptions that are subject to change and many of which are outside of its control. If actual results vary from these assumptions, Xometry’s expectations may change. There can be no assurance that Xometry will achieve these results.
Reconciliation of Adjusted EBITDA on a forward-looking basis to net loss, the most directly comparable GAAP measure, is not available without unreasonable efforts due to the high variability and complexity and low visibility with respect to the charges excluded from this non-GAAP measure; in particular, the effects of stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in Xometry’s stock price. Xometry expects the variability of the above charges to have a significant, and potentially unpredictable, impact on its future GAAP financial results.
