Trine Acquisition Corp.

EDGAR

40 filing records in this dataset, filed from 2019-02-25 to 2024-10-31. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

36.4 million Unit_Standard_USD_nVGssFRefEmG7Z_I0qOqUQ

2024 Q3 · Unit_Standard_USD_nVGssFRefEmG7Z_I0qOqUQ

Exact inputs and evidence
  • Revenue: 36405000 Unit_Standard_USD_nVGssFRefEmG7Z_I0qOqUQ Source

Operating margin

-92.63%

2024 Q3 · %

Exact inputs and evidence
  • Operating Income: -33722000 Unit_Standard_USD_nVGssFRefEmG7Z_I0qOqUQ Source
  • Revenue: 36405000 Unit_Standard_USD_nVGssFRefEmG7Z_I0qOqUQ Source
Cash and cash equivalents
30.6 million Unit_Standard_USD_nVGssFRefEmG7Z_I0qOqUQ Source
Exact value

30617000 Unit_Standard_USD_nVGssFRefEmG7Z_I0qOqUQ

Long-term debt including current maturities
Not available
Shares outstanding
33.3 million Unit_Standard_shares_HVLWKv1i20eT661P-fz2tA Source
Exact value

33310040 Unit_Standard_shares_HVLWKv1i20eT661P-fz2tA

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2024-10-31.

Financial data available through: 2023-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2023-12-31
  • Operating income: 3 of 11 periods available· newest 2023-12-31
  • Net income: 3 of 11 periods available· newest 2023-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2023-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2023-12-31
  • Total assets: Multiple units; comparison withheld· newest 2023-12-31
  • Total liabilities: Multiple units; comparison withheld· newest 2023-12-31
  • Current assets: Multiple units; comparison withheld· newest 2023-12-31
  • Current liabilities: Multiple units; comparison withheld· newest 2023-12-31
  • Cash and cash equivalents: Multiple units; comparison withheld· newest 2023-12-31
  • Long-term debt including current maturities: Multiple units; comparison withheld· newest 2020-12-31
  • Shares outstanding: Multiple units; comparison withheld· newest 2023-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -9.2%

    Prior period

    Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 209.02 million

    –

    Current period

    Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 189.7 million

    –

    Exact inputs and evidence

    189698000 − 209023000 = -19325000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

    209023000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw · 2022-01-01 – 2022-12-31

    Inspect prior input Prior source

    189698000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw · 2023-01-01 – 2023-12-31

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  • Net income

    +Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 417.07 million

    Prior period

    −Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 740.34 million

    –

    Current period

    −Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 323.27 million

    –

    Exact inputs and evidence

    -323271000 − -740343000 = 417072000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

    -740343000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw · 2022-01-01 – 2022-12-31

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    -323271000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw · 2023-01-01 – 2023-12-31

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  • Operating cash flow

    +Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 66.54 million

    Prior period

    −Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 181.53 million

    –

    Current period

    −Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 115 million

    –

    Exact inputs and evidence

    -114995000 − -181531000 = 66536000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

    -181531000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw · 2022-01-01 – 2022-12-31

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    -114995000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw · 2023-01-01 – 2023-12-31

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  • Capital expenditure

    -76%

    Prior period

    Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 11.52 million

    –

    Current period

    Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 2.76 million

    –

    Exact inputs and evidence

    2762000 − 11517000 = -8755000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

    11517000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw · 2022-01-01 – 2022-12-31

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    2762000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw · 2023-01-01 – 2023-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2023 2023-01-01 – 2023-12-31

  • Revenue Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 189.7 million 100% of revenue
  • Cost of revenue Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 199.79 million 105% of revenue
  • Operating expenses Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 313.13 million 165% of revenue
  • Operating income −Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 323.22 million −170% of revenue
  • Tax, interest and other Derived Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 50,000 0% of revenue
  • Net income −Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 323.27 million −170% of revenue

Cash

  • Operating cash flow −Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 115 million −61% of revenue
  • Capital expenditure Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 2.76 million 1.5% of revenue
  • Free cash flow Derived −Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 117.76 million −62% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 Operating loss: operating costs were 279% of revenue.
  • 2022 Operating loss: operating costs were 450% of revenue.
  • 2023 Operating loss: operating costs were 270% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2021-01-01 – 2021-12-31112408000 313863000 Derived -201455000 38879000 Derived -240334000 -162731000 Derived
Source
2022 2022-01-01 – 2022-12-31209023000 940786000 Derived -731763000 8580000 Derived -740343000 -193048000 Derived
Source
2023 2023-01-01 – 2023-12-31189698000 512919000 Derived -323221000 50000 Derived -323271000 -117757000 Derived
Source

Amounts are exact, in Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 189.7M 2023
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.225.7M169.3M112.9M56.4M0.0202120222023
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw)Source evidence
2021Revenue112408000
2022Revenue209023000
2023Revenue189698000

Revenue growth

Change in revenue from the same financial period one year earlier.

-9.2% 2023
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.94%66%38%11%-17%202120222023
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over year86%
2023Year over year-9.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -170.4% 2023
Net margin -170.4% 2023
Free cash flow margin -62.1% 2023
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.28%-74%-177%-280%-383%202120222023
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating margin-179.2%
2022Operating margin-350.1%
2023Operating margin-170.4%
2021Net margin-213.8%
2022Net margin-354.2%
2023Net margin-170.4%
2021Free cash flow margin-144.8%
2022Free cash flow margin-92.4%
2023Free cash flow margin-62.1%

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw -115M 2023
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.14.5M-38.1M-90.8M-143.4M-196.1M202120222023
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw)Source evidence
2021Operating cash flow-155048000
2022Operating cash flow-181531000
2023Operating cash flow-114995000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw -117.8M 2023
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.4M-40.5M-96.5M-152.5M-208.5M202120222023
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw)Source evidence
2021Free cash flow-162731000
2022Free cash flow-193048000
2023Free cash flow-117757000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021-12-31Liabilities / assetsNot reportedNo source recorded
2022-12-31Liabilities / assetsNot reportedNo source recorded
2023-12-31Liabilities / assetsNot reportedNo source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2021-01-01 – 2021-12-31
−Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 240.33 million
Exact value

Exact value: -240334000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

2021-01-01 – 2021-12-31: -240334000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw Inspect Net Income Open source
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−Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 155.05 million
Exact value

Exact value: -155048000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

2021-01-01 – 2021-12-31: -155048000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw Inspect Operating Cash Flow Open source
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Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 7.68 million
Exact value

Exact value: 7683000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

2021-01-01 – 2021-12-31: 7683000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw Inspect Capital Expenditure Open source
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−Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 162.73 million
Calculation and evidence

-155048000 − 7683000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

Exact free cash flow: -162731000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

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2022 2022-01-01 – 2022-12-31
−Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 740.34 million
Exact value

Exact value: -740343000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

2022-01-01 – 2022-12-31: -740343000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw Inspect Net Income Open source
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−Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 181.53 million
Exact value

Exact value: -181531000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

2022-01-01 – 2022-12-31: -181531000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw Inspect Operating Cash Flow Open source
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Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 11.52 million
Exact value

Exact value: 11517000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

2022-01-01 – 2022-12-31: 11517000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw Inspect Capital Expenditure Open source
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−Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 193.05 million
Calculation and evidence

-181531000 − 11517000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

Exact free cash flow: -193048000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

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2023 2023-01-01 – 2023-12-31
−Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 323.27 million
Exact value

Exact value: -323271000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

2023-01-01 – 2023-12-31: -323271000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw Inspect Net Income Open source
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−Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 115 million
Exact value

Exact value: -114995000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

2023-01-01 – 2023-12-31: -114995000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw Inspect Operating Cash Flow Open source
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Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 2.76 million
Exact value

Exact value: 2762000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

2023-01-01 – 2023-12-31: 2762000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw Inspect Capital Expenditure Open source
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−Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw 117.76 million
Calculation and evidence

-114995000 − 2762000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

Exact free cash flow: -117757000 Unit_Standard_USD_9KJUVp5HMkmVPN0WK62OHw

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

40 filings · 3,709 latest values · 3,709 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001754820, 1754820, DM, TRNE, edgar:1754820

Also known as DESKTOP METAL, INC., Desktop Metal, Inc., Trine Acquisition Corp.