Nano Dimension Reports 2020 Second Quarter Financial Results

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 the potential of its products and directing resources to product and technology development, its expectation to be better positioned as the electronics landscape is revitalized in a post-Covid-19 resurgence, and the Company’s intention to allocate more funds to R&D, in order to be ready with new technology as Covid-19 subsides. 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 10, 2020, 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


Consolidated Statements of Financial Position as at

	June 30,				December 31,
	2019		2020		2019
(In thousands of USD)	(Unaudited)		(Unaudited)

Assets
Cash and cash equivalents	5,290		39,665		3,894
Bank deposits	31		9,860		31
Trade receivables	1,174		541		1,816
Other receivables	573		503		570
Inventory	3,967		3,956		3,543
Total current assets	11,035		54,525		9,854

Restricted deposits	351		376		377
Property plant and equipment, net	5,350		4,391		4,743
Right of use asset	1,640		2,258		2,673
Intangible assets	5,597		4,826		5,211
Total non-current assets	12,938		11,851		13,004
Total assets	23,973		66,376		22,858

Liabilities
Trade payables	819		669		850
Other payables	3,153		3,678		3,575
Total current liabilities	3,972		4,347		4,425

Liability in respect of government grants	867		892		1,044
Lease liability	1,273		1,699		2,089
Liability in respect of warrants and rights of purchase	2,804		1,834		3,698
Total non-current liabilities	4,944		4,425		6,831
Total liabilities	8,916		8,772		11,256

Equity
Share capital	5,559		66,236		6,441
Share premium and capital reserves	63,850		61,748		65,202
Treasury shares	(1,509	)	(1,509	)	(1,509	)
Presentation currency translation reserve	1,431		1,431		1,431
Accumulated loss	(54,274	)	(70,302	)	(59,963	)
Total equity	15,057		57,604		11,602
Total liabilities and equity	23,973		66,376		22,858

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