Event-Driven Stocks

Desktop Metal, Inc.

DM

Industrials · Special Industry Machinery, NEC · DE · SEC filings ↗ · Compare ⊕

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Signs2 good4 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$189.7M$209.0M$112.4M$16.5M$26.4M
Operating income−$323.2M−$731.8M−$201.5M−$92.1M−$109.0M−$43,693
Net income−$323.3M−$740.3M−$240.3M−$34.0M−$103.6M−$43,693
Total assets$458.0M$754.3M$1.39B$641.9M$192.7M$325,678
Total liabilities$216.3M$226.8M$140.2M$126.0M$33.6M$344,371
Equity$241.7M$527.5M$1.25B$515.9M−$277.5M−$184.6M
EPS (diluted)$-1.00$-2.35$-0.92$-0.22
Shares out.318.8M312.5M244.4M224.6M154.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−170.4%
Net margin
−170.4%
Return on equity
−133.8%
Return on assets
−70.6%
Return on capital (ROCE)
−83.3%
Liabilities / assets
47.2%
Debt / equity
0.90×
Book value / share
$0.76
Revenue growth (YoY)
−9.2%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
-13.10distress
Accruals / assets
45.5%clean
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
42
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 67Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 severe4 warning2 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Negative operating cash flow
  • Conservative leverage (liabilities < 50% of assets)
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Mar 31, 20253.3M1.0+10.6%
Mar 14, 20253.0M12.4+3.8%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (3)

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