Financial Performance & Transparency
Annual Revenue Reports
Explore ThinkMetal's yearly audited financial statements, annual revenue growth, and key industrial manufacturing milestones.
FY 2024–2025Official / AuditedLatest
Annual Financial & Growth Report 2024–25
Annual Revenue$10.2 Million USD
Growth+85.4% YoY
Gross Margin58.2%
Key Highlights
- •Shipped 50+ SistemT1 AM units globally across aerospace, defense, and auto sectors.
- •Expanded in-house FuseX alloy powder library (SS316L, 17-4PH, Pure Copper).
- •Launched 1-click Thinkware production software suite.
FY 2023–2024Audited
Annual Financial & Growth Report 2023–24
Annual Revenue$5.5 Million USD
Growth+96.4% YoY
Gross Margin54.1%
Key Highlights
- •Commercial rollout of SistemT1 compact additive manufacturing unit.
- •Secured key tier-1 automotive & aerospace prototyping contracts.
- •Patented core MFAM multi-layer metal sintering technology.
FY 2022–2023Audited
Annual Financial & Growth Report 2022–23
Annual Revenue$2.8 Million USD
Growth+133.3% YoY
Gross Margin50.0%
Key Highlights
- •Closed Seed funding round supported by Startup India Seed Fund Scheme.
- •Completed multi-material qualification testing for SS316L and 17-4PH.
- •Established state-of-the-art R&D manufacturing facility in Chennai.
FY 2021–2022Audited
Annual Financial & Growth Report 2021–22
Annual Revenue$1.2 Million USD
GrowthFoundation Year
Gross Margin45.0%
Key Highlights
- •Incorporation of ThinkMetal Private Limited as a deep-tech AM pioneer.
- •Filed foundational patents for metal 3D additive manufacturing technology.
- •Assembled multidisciplinary R&D team from SpaceX Hyperloop Pod research.
