DDD3D SYSTEMS CORP
Services-Prepackaged Software
- Revenue
- $387M
- 12% YoY
- Operating margin
- -24.8%
- 61% YoY
- EBITDA
- −$75M
- 69% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$41M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired-294% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-17% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear3% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $616M | $538M | $488M | $440M | $387M | 12% |
| Operating income | −$33M | −$117M | −$406M | −$277M | −$96M | 65% |
| Net income | $322M | −$122M | −$363M | −$257M | $30M | 112% |
| Operating cash flow | $48M | −$70M | −$81M | −$45M | −$88M | 96% |
| Capex | $19M | $21M | $27M | $16M | $10M | 38% |
| Stock-based comp | $55M | $42M | $24M | $18M | $10M | 48% |
| Buybacks | — | — | $0 | $0 | $15M |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $259K · 2
- Net
- −$259K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $1M | −$120K | 17 | 141 |
| FY2024 | $2M | $3M | 37 | 151 |
| FY2023 | $7M | $3M | 62 | 213 |
| FY2022 | $6M | −$7M | 86 | 160 |
| FY2021 | $9M | $16M | 162 | 227 |