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Exodus Movement, Inc. Class A (EXOD)
:EXOD
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Earnings Data
Report Date
Mar 05, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.18Last Year’s EPS
0.34Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 09, 2022
|% Change Since: 30.66%
|Next Earnings Date:Nov 16, 2021
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue growth, expansion of partnerships, and innovative product launches, with improvements in financial performance and user growth. However, there was a sequential decline in revenue and some operating losses on digital assets.Company Guidance
During the Exodus Q3 2024 earnings call, the company reported significant revenue growth of 68% year-over-year, reaching $20.1 million, and a net income of $0.8 million. The call highlighted key partnerships, including a new collaboration with Ledger and an expansion with Magic Eden to mobile platforms. Exodus also launched Passkeys, a tool for developers to integrate digital wallets into decentralized applications, aiming to simplify user onboarding. The company saw a steady increase in user activity, with monthly active users rising to 1.6 million, a 45% increase from the previous year. Despite a 10% sequential revenue decline due to seasonal factors, exchange aggregation remained the dominant revenue stream, comprising 90.1% of total revenue. Operating loss was significantly reduced to $52,000 compared to the previous quarter's $14.7 million. Exodus ended Q3 with $194.6 million in digital and liquid assets, maintaining a debt-free position while preparing for future growth through strategic partnerships and regulatory clarity in the evolving cryptocurrency landscape.Significant Revenue Growth
Exodus reported a 68% year-over-year revenue growth, reaching $20.1 million in Q3 2024.
Expansion of Strategic Partnerships
Launched new partnership with Ledger and expanded partnership with Magic Eden to mobile platforms, enhancing user accessibility.
Innovative Product Launches
Introduced Passkeys, a tool enabling easy integration of Exodus wallet capabilities into applications, aimed at simplifying user onboarding.
User Growth
Monthly active users increased to 1.6 million, up from 1.1 million a year ago.
Improved Financial Position
Reduced operating loss to $52,000 compared to $713,000 in the prior year, and notable reduction from a $14.7 million loss in Q2 2024.
Strong Treasury Position
Ended the quarter with $194.6 million in digital and liquid assets, maintaining a healthy balance sheet with no debt.
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EXOD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EXOD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $25.70 | $27.52 | +7.08% |
| Aug 12, 2024 | $15.25 | $16.60 | +8.85% |
| May 06, 2024 | $8.00 | $16.00 | +100.00% |
| Feb 29, 2024 | $5.80 | $6.02 | +3.79% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Exodus Movement, Inc. Class A (EXOD) report earnings?
Exodus Movement, Inc. Class A (EXOD) is schdueled to report earning on Mar 05, 2025, TBA Not Confirmed.
What is Exodus Movement, Inc. Class A (EXOD) earnings time?
Exodus Movement, Inc. Class A (EXOD) earnings time is at Mar 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EXOD EPS forecast?
EXOD EPS forecast for the fiscal quarter 2024 (Q4) is 0.18.
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