And I think the whole business domain is starting to wake up to listen, to hear the music. It’s a part of the maturity of the technology and the companies around us. And again, consolidation will help dramatically. That was your second question. Now, it goes back to your first question, which was the dynamics in this business domain in general and the gross margins, which is connected to the second question. I don’t think the dynamics has already drove the numbers up the way they should, but they are in the right direction. If you look at certain companies in our industry, again, without naming names, there is one public company that have like us 47%, 46% gross margin. Stratasys has 43%, 44% and it’s combined of mixture of products and materials when in certain areas they have much higher gross margin, which is good.
Similar, maybe 3D, so some of the more senior executives, that are running companies in our industry are realizing what we are discussing here and I think they are going in the right direction. I think without consolidation it’s not going to hold for too long, because they are still busy focusing on the top line instead of focusing on the bottom line, but it’s in the right direction. Next question please.
Operator: [Operator Instructions] The next question comes from the line of Rami Reddy with – Private Investor. Please go ahead.
Rami Reddy: Thank you for taking my question. Are you expecting any analyst coverage in the near future?
Yoav Stern: I want to expect, I expect to expect and I am very, very busy creating a situation where my expectations will be fulfilled. I am doing it in many ways. It’s important, it’s important in order to attract institutional investors. It’s important even if all the analysts that I see in this industry, writing analyst reports with lacking real understanding of where the numbers are going and where the value of the shares are going and giving inflated expectations. But still it’s even if it’s the case, it’s important that this analyst or that analyst or few analysts will write the report because the important part of the report is not necessarily the projection of the price of the share is the understanding that’s inside the report of the business of the company and the business dynamics of this domain.
And for that, analysts reports are extremely important to attract the right and the right investors and I am making an effort on a monthly basis to get them to write. And the problem is that usually an analyst start to write after their bank has been involved in the transaction of raising money. And we do not expect or we didn’t raise money over the last 2 years, 3 years. We have enough money, but it’s coming, it’s coming, the fact that analysts are starting to see us as a consolidator, they will start to follow us.
Rami Reddy: Thank you.
Yoav Stern: Next question please. Scott, any more questions?
Operator: Next question comes from the line of Moss. Sorry, apologize, we do not have any more questions in the queue. At this time, I would like to turn the conference back over to the company for any closing remarks.
Yoav Stern: Okay. Thank you very much, Scott. Thank you very much everybody that was on the line. I hope that the fact that we take it as a methodology not to have this conference call and read to you the user list because that one you can read by yourself. But rather run it as an open discussion when we speak to you about what we want to speak with you and we are mostly focused on talking to you about what you ask us. And I hope this format is good for you rather than just reading from a page, what is the user list. Any questions, any requests you have for me, you know my e-mail, you know our phone numbers, of course Julien, Tomer, Moshe and we will be happy to talk to you offline. Thank you very much.
Operator: The conference has now concluded. Thank you for attending Nano Dimension’s quarterly earnings conference call. You may now disconnect.
