Once again we take a look at the valuations of the major 3D printing companies over the past week.
Publicly traded companies are required to post their financial reports, as well as appear on stock markets. From there we can calculate the total value of their company by multiplying the current stock price by the number of outstanding shares. This number is the market capitalization, and represents the current valuation of the company.
It’s a great number of compare companies, as the market capitalization can be leveraged to provide more capabilities for the company. Shares could, for example, be used as collateral for a loan. That and similar maneuvers could generate cash with which the company might undertake new projects.
In other words, “market cap”, as it is known, is quite important.
You might think it’s not important to monitor these companies each week, as their value is realized only when stocks are sold. However, events happen to companies occasionally that cause their value to rise and fall, and this weekly post is where we track such things.
Note that our list here does not include all major 3D print companies. Not all 3D print companies are publicly traded, and thus we cannot officially know their true size, such as EOS. Others, like HP or Siemens, have very large 3D printing divisions, but are part a much larger enterprises and we cannot know the true size of their 3D printing activities.
Let’s take a look at the 3D printing companies on this week’s list.
3D Printing Leaderboard
| RANK | COMPANY | CAP | CHG |
| 1 | Bright Laser | $2,287 | -97 |
| 2 | Farsoon | $1,756 | -125 |
| 3 | Xometry | $1,575 | -79 |
| 4 | Proto Labs | $1,027 | +97 |
| 5 | Stratasys | $767 | -20 |
| 6 | Materialise | $297 | -18 |
| 7 | Nano Dimension | $293 | -29 |
| 8 | Titomic | $227 | -16 |
| 9 | 3D Systems | $218 | -27 |
| 10 | AML3D | $92 | -8 |
| 11 | Freemelt | $11 | +2 |
| 12 | Sygnis | $9 | -1 |
| 13 | Aurora Labs | $9 | -3 |
| 14 | Massivit | $9 | -1 |
| 15 | Steakholder Foods | $2 | -0 |
| TOTAL | $8,578 | -326 |
This week saw steep losses on all major markets, almost certainly due to the imposition of ridiculous tariffs by the US government. The indices dropped on Friday, when the tariffs were to go into effect— a coincidence?
On the leaderboard, the company valuations did about the same, dropping nearly four percent. That’s a significant amount: it takes only 25 weeks of four percent drops to get you to zero valuation. Of course, that likely won’t happen.
Almost all companies on the leaderboard suffered valuation losses this week, typically in the four percent range — following overall market trends. There were, however, two companies that actually gained this week.
One was Swedish company Freemelt, which produces the Freemelt ONE metal 3D printer. While the company didn’t announce any financial updates to cause a massive 21% gain this week, there was other news that is likely related. Perusing through their recent press releases shows a considerable number of sales of Freemelt ONE devices.
They announced sales of equipment to NC State University, Swedish “defence industry”, “German industrial company”, University of Toronto, and the University of Southern Denmark. All of these sales occurred in the past six weeks, which is quite notable. It’s likely that some investors are seeing interest in Freemelt’s products picking up, and are looking for gains.
The other positive company this week was Proto Labs, which did announce financials this week. They broke revenue records with a 7.5% increase and also saw their manufacturing network revenue grow almost 20%. Their net income was quite positive, but very slightly less than 24Q2’s.
This positive news — and perhaps the fact that they are one of the few profitable companies in the space— led investors to boost the company’s value this week by over ten percent.
That’s it for the positives this week. The rest were negative, but some more negative than others.
Aurora Labs fell over 23% this week. There was no official news other than the departure of a couple of board directors, one of whom held a significant number of shares and options. However, the options are not in the money, so they are likely not going to be exercised unless something changes.
3D Systems fell eleven percent this week, more than twice the market average. This puts them in ninth place on the leaderboard with a valuation of US$218M. That’s very distant from the company’s peak valuation of almost US$5B only a couple of years ago, a decline of over 95%. 3D Systems recently discontinued a medical system, which might have affected investor confidence in the company.
Sygnis fell almost twelve percent, and that’s likely profit taking by investors after a steep rise in the company’s value recently. That boost was due to a new deal in which Sygnis will be 3D printing mass quantities of military drones, leading to significant revenue.
Finally, we have Steakholder Foods, the meat-printing company. The company has been declining in value for months, and this week they fell another 20%. As of this writing, their valuation is a mere US$1.7M. I’m wondering whether they will survive or be acquired by another party.
Upcoming Changes
We’ve heard very little about companies intending to become publicly traded recently. This is due to the ongoing lack of investor interest in the technology. The technology’s reputation has suffered immensely in the investment community because of multiple large-scale investment failures in the past few years.
If you are aware of any other publicly-traded 3D print companies that should be on our leaderboard, please let us know!
Others In The Industry
While we’ve been following the public companies, don’t forget there are a number of private companies that don’t appear on any stock exchange. These privately-held companies likely have significant value, it’s just that we can’t know exactly what it is at any moment. The suspected bigger companies include EOS, Carbon and Formlabs.
Perhaps someday some of them will appear on our major players list.
Related Companies
Finally, there are a number of companies that are deeply engaged in the 3D print industry, but that activity is only a small slice of their operations. Thus it’s not fair to place them on the lists above because we don’t really know where their true 3D print activities lie.
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