NASDAQ$BOOM

Dmc Global Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

DMC Global reported a decrease in sales and net income compared to the same quarter last year, but an increase in cash and marketable securities.

DMC Global's first quarter sales were $55.7 million, a 24% decrease from Q1 2020. Net income was $432,000, or $0.03 per diluted share, compared to $4.2 million, or $0.28 per diluted share, in the prior year. The company ended the quarter with $66.8 million in cash and marketable securities.

  • First quarter sales were $55.7 million, down 24% from Q1 2020.
  • Net income was $432,000, or $0.03 per diluted share.
  • Adjusted EBITDA was $4.0 million versus $11.3 million in Q1 2020.
  • Cash and marketable securities were $66.8 million, up from $53.9 million at the end of the previous quarter.

Headline financials

Total Revenue

$55.7M

Previous: $73.6M-24.3%
EPS (adj)

$0.04

Previous: $0.35-88.6%
NobelClad Order Backlog

$43.2M

Previous: $41.3M+4.6%
Adjusted EBITDA

$4M

No prior period
Capital Expenditures

-$1.37M

Previous: -$5.12M+73.3%
Free Cash Flow

-$933K

Previous: -$966K+3.4%
Net Income

$432K

Previous: $4.16M-89.6%
Operating Income

-$710K

Previous: $6.35M-111.2%
Gross Profit

$12.9M

Previous: $24.5M-47.2%
Cash & Equivalents

$45.8M

Previous: $16.5M+178.6%
Total Assets

$305M

Previous: $269M+13.3%
Stock-Based Comp

$1.61M

Previous: $1.12M+43.8%

Revenue & EPS history

DMC Global · Revenue · Quarterly

$55.7M

Q1 2021-24.3%vs Q1 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

DMC Global · $57.1M total across 2 segments · Q4 2020

  • DynaEnergetics
    $35.3M-45.3%
  • NobelClad
    $21.8M+0.1%

Forward guidance

Second quarter 2021 sales are expected to be in a range of $67 million to $72 million.

Tailwinds

  • DynaEnergetics is expected to report sales in a range of $44 million to $47 million.
  • NobelClad’s sales are expected in a range of $23 million to $25 million.
  • Consolidated gross margin is expected in a range of 25% to 26%.
  • Adjusted EBITDA is expected in a range of $6 million to $8 million.
  • Second quarter capital expenditures are expected in a range of $2 million to $4 million.

Headwinds

  • Second quarter selling, general and administrative (SG&A) expense is expected to be in a range of $14 million to $15 million.
  • SG&A reflects an anticipated $1.5 million in litigation expense at DynaEnergetics.
  • SG&A reflects continued investments in digital transformation.
  • SG&A reflects the resumption of business- related travel.
  • SG&A reflects the restoration of variable compensation.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+2.6%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.4%

Avg return

30 days after

58%

38 / 65 earnings

Positive

+38.0%

Q4 2018

Best reaction

-29.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%+21.5%+8.4%
Q4 2025-29.3%-32.4%-40.0%
Q3 2025-4.5%-24.6%-22.5%
Q1 2025+14.1%+3.9%+0.2%
Q4 2024+9.0%+2.0%+7.5%
Q3 2024-6.3%-6.1%-18.9%
Q2 2024-4.4%-11.1%-8.4%
Q1 2024-13.1%-16.9%-17.3%
Q4 2023-1.5%+1.7%+8.6%
Q3 2023-9.0%-13.1%-11.8%
Q2 2023+22.0%+18.1%+44.4%
Q1 2023+6.5%+1.0%+3.8%
Q4 2022+0.9%+7.5%-18.8%
Q3 2022+2.7%+1.6%-11.7%
Q2 2022+6.4%+12.6%+5.5%
Q1 2022+13.2%-2.1%+31.9%
Q4 2021-5.2%-19.7%-5.3%
Q3 2021+7.0%+11.3%-2.3%
Q2 2021-17.1%-14.0%-26.5%
Q1 2021-5.4%-4.9%-1.7%
Q4 2020-2.9%-2.4%-17.0%
Q3 2020+12.1%+2.8%+23.9%
Q2 2020-0.0%+4.6%+18.5%
Q1 2020+3.5%+0.8%+12.0%
Q4 2019+0.5%-3.7%-39.1%
Q3 2019+17.5%+15.7%+15.7%
Q2 2019-16.8%-14.4%-32.8%
Q1 2019-4.5%+3.4%-0.2%
Q4 2018+38.0%+36.6%+36.0%
Q3 2018+20.8%+22.0%+10.8%
Q2 2018-19.8%-17.5%-10.9%
Q1 2018+25.9%+23.2%+38.7%
Q4 2017+10.8%+22.5%+11.7%
Q3 2017+8.6%+13.3%+14.3%
Q2 2017+8.8%+8.8%-1.5%
Q1 2017+0.0%-11.8%-15.4%
Q4 2016-0.7%-7.1%-11.1%
Q3 2016+1.7%+5.7%+66.3%
Q2 2016-0.1%-1.2%+11.3%
Q1 2016+14.8%
Q4 2015+2.6%
Q3 2015-18.0%
Q2 2015+19.6%
Q1 2015+0.8%
Q4 2014-6.3%
Q3 2014+2.5%
Q2 2014+3.0%
Q1 2014+5.1%
Q4 2013-10.7%
Q3 2013-0.7%
Q2 2013+9.1%
Q1 2013-0.5%
Q4 2012-0.2%
Q3 2012+2.7%
Q2 2012-8.3%
Q1 2011+5.0%
Q1 2012+1.8%
Q4 2009+4.3%
Q4 2011+4.3%
Q3 2010+4.1%
Q3 2011+4.1%
Q4 2010+15.2%
Q2 2010+15.2%
Q2 2011+15.2%
Q1 2010-1.6%

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