Development of publicly traded companies

The investor’s view 2021

Publicly traded Additive Manufacturing (AM) companies experienced dramatic swings in demand and valuation over the last twelve months. The onset of the pandemic resulted in a severe decline in equipment sales for many companies, along with a steep drop in equipment usage, and thus consumable material sales. Many companies reported that equipment sales and usage run-rates were about cut in half in March and April 2020. Some companies reported as much as a 95% drop in usage at the low point. Both STRATASYS and 3D SYSTEMS experienced a near 30% decline in sales in second quarter 2020. Although not all publicly traded companies reported final 2020 results at the time of publication, it seems clear that publicly traded companies collectively experienced a collective 10%-15% revenue decline for the full year.