Xometry(XMTR) - 2023 Q4 - Annual Results
Xometry(XMTR)2024-02-29 20:15
Exhibit 99.1 Xometry Reports Fourth Quarter and Full Year 2023 Results • Q4 revenue increased 31% year-over-year to $128 million driven by strong, accelerated marketplace growth of 42% year-over-year. Supplier services revenue decreased 15% year-over-year primarily due to the approximate $2 million year-over-year impact from the discontinuation of the sale of tools and materials. • Q4 gross profit increased 39% year-over-year driven by 68% growth in marketplace gross profit. Q4 marketplace gross margin incr ...