Desktop Metal, Inc. DM NYSE

Desktop Metal, Inc. (DM) generated $-115M in operating cash flow for fiscal year 2023. After capital expenditures of $2.76M, free cash flow was $-117.76M.

Free cash flow margin was -62.1% of revenue. Cash conversion ratio was 0.36x, suggesting some earnings are non-cash.

The company returned $250K in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (23/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (10/100) — Cash conversion ratio was 0.36x suggests some earnings are non-cash items

Overall SharesGrow Score: 34/100 with 1/7 criteria passed.