Ideanomics, Inc. - Understand $idex stock

$IDEX Market Cap: $5.418 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$23.23M

TTM

Gross Margin

-56.66%

TTM

Net Earnings

-$224.3M

TTM

Current Assets

$32.60M

Q4 2023

Current Liabilities

$117.6M

Q4 2023

Current Ratio

27.71%

Q4 2023

Total Assets

$116.9M

Q4 2023

Total Liabilities

$137.2M

Q4 2023

Book Value

-$20.27M

Q4 2023

Cash

$1.200M

Q4 2023

P/E

-0.02416

Nov 29, 2024 EST

Free Cash Flow

-$46.85M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	1996	1995	1994
Revenue	$15.46M	$100.9M	$114.1M	$26.76M	$44.57M	$377.7M	$144.4M	$35.19M	$4.600M	$2.000M	$300.0K	$1.700M	$7.900M	$7.600M	$8.400M	$6.400M	$2.800M	$0.00	$0.00	$3.400M	$100.0K	$6.400M	$3.900M
YoY Change	-84.68%	-11.52%	326.32%	-39.96%	-88.2%	161.68%	310.26%	664.9%	130.0%	566.67%	-82.35%	-78.48%	3.95%	-9.52%	31.25%	128.57%			-100.0%		-98.44%	64.1%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	1996	1995	1994
Revenue	$15.46M	$100.9M	$114.1M	$26.76M	$44.57M	$377.7M	$144.4M	$35.19M	$4.600M	$2.000M	$300.0K	$1.700M	$7.900M	$7.600M	$8.400M	$6.400M	$2.800M	$0.00	$0.00	$3.400M	$100.0K	$6.400M	$3.900M
Cost Of Revenue	$18.17M	$101.8M	$90.85M	$24.70M	$1.500M	$374.6M	$137.2M	$35.55M	$3.700M	$2.800M	$3.100M	$3.500M	$5.500M	$4.700M	$5.700M	$3.700M	$1.700M	$0.00	$0.00	$1.700M	$100.0K	$1.300M	$1.900M
Gross Profit	-$2.714M	-$815.0K	$23.23M	$2.057M	$43.11M	$3.168M	$7.164M	-$365.7K	$900.0K	-$800.0K	-$2.800M	-$1.800M	$2.300M	$2.900M	$2.800M	$2.600M	$1.200M	$0.00	$0.00	$1.800M	$0.00	$5.100M	$2.100M
Gross Profit Margin	-17.56%	-0.81%	20.36%	7.69%	96.73%	0.84%	4.96%	-1.04%	19.57%	-40.0%	-933.33%	-105.88%	29.11%	38.16%	33.33%	40.63%	42.86%			52.94%	0.0%	79.69%	53.85%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	1996	1995	1994
Selling, General & Admin	$83.78M	$148.7M	$72.83M	$32.40M	$24.86M	$22.47M	$13.13M	$10.90M	$9.000M	$8.100M	$8.300M	$10.70M	$10.90M	$5.200M	$3.900M	$2.500M	$1.600M	$200.0K	$500.0K	$1.900M	$600.0K	$4.800M	$5.000M
YoY Change	-43.65%	104.16%	124.78%	30.32%	10.64%	71.16%	20.47%	21.09%	11.11%	-2.41%	-22.43%	-1.83%	109.62%	33.33%	56.0%	56.25%	700.0%	-60.0%	-73.68%		-87.5%	-4.0%
% of Gross Profit			313.52%	1575.06%	57.67%	709.38%	183.26%		1000.0%				473.91%	179.31%	139.29%	96.15%	133.33%			105.56%		94.12%	238.1%
Research & Development	$10.20M	$3.888M	$760.0K	$1.635M	$0.00	$1.654M	$406.8K	$0.00
YoY Change	162.35%	411.58%	-53.52%		-100.0%	306.66%
% of Gross Profit			3.27%	79.48%	0.0%	52.23%	5.68%
Depreciation & Amortization	$17.75M	$8.189M	$500.0K	$100.0K	$100.0K	$350.0K	$310.0K	$510.0K	$390.0K	$540.0K	$1.620M	$4.080M	$4.420M	$4.280M	$3.580M	$3.370M	$1.800M	$0.00		$10.00K	$50.00K	$230.0K	$330.0K
YoY Change	116.69%	1537.8%	400.0%	0.0%	-71.43%	12.9%	-39.22%	30.77%	-27.78%	-66.67%	-60.29%	-7.69%	3.27%	19.55%	6.23%	87.22%					-78.26%	-30.3%
% of Gross Profit			2.15%	4.86%	0.23%	11.05%	4.33%		43.33%				192.17%	147.59%	127.86%	129.62%	150.0%			0.56%		4.51%	15.71%
Operating Expenses	$214.7M	$291.7M	$282.8M	$88.94M	$111.7M	$29.36M	$17.26M	$28.52M	$9.300M	$8.600M	$9.100M	$12.80M	$15.40M	$9.500M	$7.400M	$5.600M	$3.300M	$200.0K	$500.0K	$1.800M	$500.0K	$4.700M	$5.000M
YoY Change	-26.39%	3.16%	217.96%	-20.37%	280.35%	70.11%	-39.48%	206.69%	8.14%	-5.49%	-28.91%	-16.88%	62.11%	28.38%	32.14%	69.7%	1550.0%	-60.0%	-72.22%		-89.36%	-6.0%
Operating Profit	-$217.5M	-$292.5M	-$259.6M	-$86.88M	-$68.57M	-$26.20M	-$10.10M	-$28.89M	-$8.400M	-$9.400M	-$11.90M	-$14.60M	-$13.10M	-$6.600M	-$4.600M	-$3.000M	-$2.100M	-$200.0K	-$500.0K	$0.00	-$500.0K	$400.0K	-$2.900M
YoY Change	-25.66%	12.7%	198.76%	26.69%	161.78%	159.43%	-65.05%	243.9%	-10.64%	-21.01%	-18.49%	11.45%	98.48%	43.48%	53.33%	42.86%	950.0%	-60.0%			-225.0%	-113.79%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	1996	1995	1994
Interest Expense	$4.307M	$2.950M	$2.139M	$15.97M	$5.616M	$804.6K	$94.62K	$254.7K	-$300.0K	-$2.400M	-$400.0K	-$500.0K	$500.0K	-$7.300M	-$400.0K	-$400.0K	$0.00			$0.00	-$400.0K	-$300.0K
YoY Change	46.0%	37.91%	-86.61%	184.37%	597.99%	750.36%	-62.85%	-184.91%	-87.5%	500.0%	-20.0%	-200.0%	-106.85%	1725.0%	0.0%						33.33%
% of Operating Profit																						-75.0%
Other Income/Expense, Net	$12.51M	$6.478M	$1.261M	$6.603M	-$433.0K	-$99.77K	-$426.7K	$57.02K	$300.0K	-$900.0K	-$700.0K	$1.100M	-$200.0K	$200.0K	-$500.0K	$0.00	-$400.0K	$0.00	$0.00	$0.00	-$500.0K	$0.00	-$300.0K
YoY Change	93.04%	413.72%	-80.9%	-1624.94%	334.02%	-76.62%	-848.37%	-80.99%	-133.33%	28.57%	-163.64%	-650.0%	-200.0%	-140.0%		-100.0%						-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	1996	1995	1994
Pretax Income	-$210.1M	-$274.8M	-$257.0M	-$106.0M	-$96.41M	-$28.46M	-$10.86M	-$28.83M	-$8.600M	-$13.30M	-$13.30M	-$14.00M	-$13.00M	-$16.00M	-$6.800M	-$3.900M	-$2.600M	-$200.0K	-$500.0K	-$100.0K	-$1.500M	$100.0K	-$3.300M
YoY Change	-23.55%	6.94%	142.34%	9.99%	238.72%	162.09%	-62.33%	235.25%	-35.34%	0.0%	-5.0%	7.69%	-18.75%	135.29%	74.36%	50.0%	1200.0%	-60.0%	400.0%		-1600.0%	-103.03%
Income Tax	-$5.242M	-$7.711M	-$11.79M	$0.00	$417.0K	-$40.24K	$0.00	-$330.1K	$0.00	-$300.0K	-$100.0K	-$400.0K	-$400.0K	-$500.0K	-$200.0K	$100.0K	-$100.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income																						0.0%
Net Earnings	-$223.8M	-$260.7M	-$256.0M	-$98.40M	-$98.51M	-$27.43M	-$10.50M	-$28.50M	-$8.100M	-$12.40M	-$6.800M	-$14.20M	-$11.30M	-$12.90M	-$5.400M	-$3.400M	-$2.000M	-$200.0K	-$1.000M	-$100.0K	-$1.500M	$100.0K	-$3.300M
YoY Change	-14.14%	1.83%	160.17%	-0.11%	259.17%	161.13%	-63.15%	251.86%	-34.68%	82.35%	-52.11%	25.66%	-12.4%	138.89%	58.82%	70.0%	900.0%	-80.0%	900.0%		-1600.0%	-103.03%
Net Earnings / Revenue	-1447.89%	-258.27%	-224.41%	-367.73%	-221.04%	-7.26%	-7.28%	-81.0%	-176.09%	-620.0%	-2266.67%	-835.29%	-143.04%	-169.74%	-64.29%	-53.13%	-71.43%			-2.94%	-1500.0%	1.56%	-84.62%
Basic Earnings Per Share	-$23.53	-$0.51	-$0.57	$0.46	$0.82
Diluted Earnings Per Share	-$23.53	-$0.51	-$0.57	$0.46	$0.82	-$349.5K	-$171.6K	-$733.3K	-$338.9K	-$632.7K	-$447.4K	-$1.315M	-$1.153M	-$4.448M	-$6.750M	-$4.857M	-$3.333M	-$22.43M	-$10.00M	-$218.9M	-$270.2M	$32.85M	-$770.3M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	1996	1995
Cash & Short-Term Investments	$1.249M	$21.93M	$269.9M	$165.8M	$2.600M	$3.100M	$7.200M	$3.800M	$3.800M	$10.80M	$3.800M	$3.300M	$7.500M	$6.600M	$2.200M	$4.700M	$500.0K	$100.0K	$0.00	$300.0K	$0.00	$400.0K
YoY Change	-94.3%	-91.87%	62.76%	6276.92%	-16.13%	-56.94%	89.47%	0.0%	-64.81%	184.21%	15.15%	-56.0%	13.64%	200.0%	-53.19%	840.0%	400.0%		-100.0%		-100.0%
Cash & Equivalents	$1.249M	$21.93M	$269.9M	$165.8M	$2.600M	$3.100M	$7.200M	$3.800M	$3.800M	$10.80M	$3.800M	$3.300M	$7.500M	$6.600M	$2.200M	$4.400M	$500.0K	$100.0K	$0.00	$300.0K	$0.00	$400.0K
Short-Term Investments												$0.00	$0.00	$0.00	$0.00	$300.0K	$0.00
Other Short-Term Assets	$10.40M	$21.88M	$24.51M	$6.300M	$2.400M	$22.60M	$21.80M	$4.100M	$4.700M	$1.300M	$900.0K	$2.700M	$900.0K	$1.400M	$300.0K	$100.0K	$100.0K	$0.00		$0.00	$0.00	$0.00
YoY Change	-52.47%	-10.72%	288.97%	162.5%	-89.38%	3.67%	431.71%	-12.77%	261.54%	44.44%	-66.67%	200.0%	-35.71%	366.67%	200.0%	0.0%
Inventory	$19.84M	$28.25M	$6.159M			$0.00	$200.0K	$200.0K					$400.0K	$400.0K	$500.0K	$900.0K	$600.0K	$0.00		$800.0K		$1.000M
Prepaid Expenses
Receivables	$1.071M	$9.434M	$6.110M	$7.400M	$2.400M	$19.40M	$27.00M	$9.500M	$1.700M	$1.100M	$200.0K	$0.00	$400.0K	$200.0K	$200.0K	$100.0K	$100.0K	$0.00		$500.0K	$100.0K	$200.0K
Other Receivables	$42.00K	$32.55M	$55.87M	$200.0K	$0.00	$0.00	$0.00	$1.800M	$0.00	$0.00	$0.00	$0.00	$2.300M	$2.000M	$500.0K	$400.0K	$0.00	$0.00		$200.0K	$0.00	$0.00
Total Short-Term Assets	$32.60M	$114.0M	$362.5M	$179.8M	$7.500M	$45.10M	$56.20M	$19.30M	$10.10M	$13.20M	$4.900M	$6.000M	$11.60M	$10.60M	$3.700M	$6.200M	$1.300M	$100.0K	$0.00	$1.700M	$100.0K	$1.500M
YoY Change	-71.41%	-68.54%	101.62%	2297.33%	-83.37%	-19.75%	191.19%	91.09%	-23.48%	169.39%	-18.33%	-48.28%	9.43%	186.49%	-40.32%	376.92%	1200.0%		-100.0%		-93.33%
Property, Plant & Equipment	$19.02M	$26.62M	$15.73M	$14.70M	$19.90M	$15.00M	$100.0K	$5.000M	$200.0K	$300.0K	$500.0K	$700.0K	$5.100M	$4.600M	$7.400M	$9.300M	$10.30M	$0.00	$0.00	$400.0K	$2.200M	$2.700M
YoY Change	-28.54%	69.18%	7.02%	-26.13%	32.67%	14900.0%	-98.0%	2400.0%	-33.33%	-40.0%	-28.57%	-86.27%	10.87%	-37.84%	-20.43%	-9.71%			-100.0%		-18.52%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$10.28M	$35.59M	$8.600M	$22.60M	$26.40M	$7.000M	$6.700M	$500.0K	$900.0K	$700.0K	$700.0K	$600.0K	$600.0K	$0.00
YoY Change	-100.0%	-71.1%	313.81%	-61.95%	-14.39%	277.14%	4.48%	1240.0%	-44.44%	28.57%	0.0%	16.67%	0.0%
Other Assets	$5.703M	$1.320M	$903.0K	$500.0K	$900.0K	$4.000M	$0.00	$100.0K	$100.0K	$400.0K	$0.00	$5.000M	$100.0K	$100.0K	$400.0K	$400.0K	$0.00		$0.00	$0.00	-$1.500M	$400.0K
YoY Change	332.05%	46.18%	80.6%	-44.44%	-77.5%		-100.0%	0.0%	-75.0%		-100.0%	4900.0%	0.0%	-75.0%	0.0%						-475.0%
Total Long-Term Assets	$84.29M	$128.8M	$110.9M	$54.60M	$119.4M	$49.10M	$7.200M	$36.40M	$9.700M	$10.50M	$10.10M	$16.50M	$19.50M	$20.00M	$12.10M	$13.90M	$12.40M	$100.0K	$0.00	$500.0K	$2.200M	$3.800M
YoY Change	-34.54%	16.08%	103.17%	-54.27%	143.18%	581.94%	-80.22%	275.26%	-7.62%	3.96%	-38.79%	-15.38%	-2.5%	65.29%	-12.95%	12.1%	12300.0%		-100.0%		-42.11%
Total Assets	$116.9M	$242.8M	$473.4M	$234.4M	$126.9M	$94.20M	$63.40M	$55.70M	$19.80M	$23.70M	$15.00M	$22.50M	$31.10M	$30.60M	$15.80M	$20.10M	$13.70M	$200.0K	$0.00	$2.200M	$2.300M	$5.300M
YoY Change
Accounts Payable	$55.21M	$29.70M	$6.674M	$5.100M	$3.400M	$19.30M	$26.80M	$14.30M	$0.00	$100.0K	$700.0K	$900.0K	$3.400M	$1.800M	$1.500M	$4.000M	$4.100M	$0.00	$0.00	$600.0K	$400.0K	$1.900M
YoY Change	85.89%	345.0%	30.86%	50.0%	-82.38%	-27.99%	87.41%		-100.0%	-85.71%	-22.22%	-73.53%	88.89%	20.0%	-62.5%	-2.44%			-100.0%		-78.95%
Accrued Expenses	$12.35M	$13.93M	$12.04M	$2.200M	$2.000M	$800.0K	$800.0K	$3.300M	$3.200M	$2.400M	$2.300M	$1.000M	$900.0K	$800.0K	$1.800M	$900.0K	$600.0K	$0.00		$0.00	$0.00	$500.0K
YoY Change	-11.32%	15.67%	447.41%	10.0%	150.0%	0.0%	-75.76%	3.13%	33.33%	4.35%	130.0%	11.11%	12.5%	-55.56%	100.0%	50.0%					-100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$16.96M	$9.291M	$312.0K	$600.0K	$3.000M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$400.0K	$700.0K	$0.00	$0.00	$300.0K	$0.00	$0.00	$500.0K	$0.00
YoY Change	82.57%	2877.88%	-48.0%	-80.0%									-100.0%	-42.86%			-100.0%
Long-Term Debt Due	$7.524M	$4.273M	$57.81M	$0.00	$5.000M	$4.000M	$3.000M	$3.000M	$3.000M	$3.000M	$3.000M	$3.000M								$0.00	$0.00	$600.0K
YoY Change	76.08%	-92.61%		-100.0%	25.0%	33.33%	0.0%	0.0%	0.0%	0.0%	0.0%										-100.0%
Total Short-Term Liabilities	$117.6M	$76.86M	$91.12M	$13.10M	$36.80M	$29.90M	$32.00M	$24.00M	$10.00M	$6.100M	$7.900M	$12.00M	$7.800M	$5.500M	$7.300M	$6.600M	$6.000M	$300.0K	$0.00	$700.0K	$900.0K	$3.000M
YoY Change	53.05%	-15.65%	595.55%	-64.4%	23.08%	-6.56%	33.33%	140.0%	63.93%	-22.78%	-34.17%	53.85%	41.82%	-24.66%	10.61%	10.0%	1900.0%		-100.0%		-70.0%
Long-Term Debt	$3.943M	$3.145M	$0.00	$0.00	$6.600M	$11.30M	$0.00	$0.00	$0.00	$0.00	$2.000M	$0.00	$0.00	$0.00	$4.700M	$4.600M	$0.00	$0.00	$0.00	$100.0K	$700.0K	$900.0K
YoY Change	25.37%			-100.0%	-41.59%					-100.0%				-100.0%	2.17%				-100.0%		-22.22%
Other Long-Term Liabilities	$13.63M	$13.23M	$10.62M	$19.60M	$23.60M	$8.000M	$400.0K					$900.0K	$2.300M	$3.400M	$0.00		$400.0K	$0.00			$0.00	$100.0K
YoY Change	3.03%	24.63%	-45.83%	-16.95%	195.0%	1900.0%						-60.87%	-32.35%								-100.0%
Total Long-Term Liabilities	$17.58M	$16.38M	$10.62M	$19.60M	$30.20M	$19.30M	$400.0K	$0.00	$0.00	$0.00	$2.000M	$900.0K	$2.300M	$3.400M	$4.700M	$4.600M	$400.0K	$0.00	$0.00	$100.0K	$700.0K	$1.000M
YoY Change	7.32%	54.25%	-45.83%	-35.1%	56.48%	4725.0%				-100.0%	122.22%	-60.87%	-32.35%	-27.66%	2.17%	1050.0%			-100.0%		-30.0%
Total Liabilities	$131.0M	$100.6M	$109.1M	$46.60M	$92.10M	$48.70M	$31.10M	$18.70M	$7.900M	$4.500M	$8.700M	$13.20M	$14.60M	$14.70M	$17.70M	$18.60M	$11.60M	$300.0K	$0.00	$900.0K	$1.600M	$4.000M
YoY Change	30.31%	-7.86%	134.22%	-49.4%	89.12%	56.59%	66.31%	136.71%	75.56%	-48.28%	-34.09%	-9.59%	-0.68%	-16.95%	-4.84%	60.34%	3766.67%		-100.0%		-60.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019
Basic Shares Outstanding	9.971M shares	512.7M shares	447.8M shares	213.5M	119.8M
Diluted Shares Outstanding	9.971M shares	512.7M shares	447.8M shares	213.5M	119.8M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $5.4185 Million

About IDEANOMICS, INC.

Ideanomics, Inc. engages in facilitating the adoption of commercial electric vehicles and development of financial services and fintech products. The company is headquartered in New York City, New York and currently employs 295 full-time employees. The company went IPO on 2001-07-11. Ideanomics Mobility operates as an end-to-end solutions provider for the procurement, financing, charging and energy management needs for fleet operators of commercial electric vehicles (EVs). Ideanomics Capital is the Company's fintech business unit. Its principal product or services consists of WAVE Charging, VIA Motors, Energica, and Solectrac. WAVE Charging is a provider of high-power inductive (wireless) charging solutions for medium and heavy-duty EVs. The WAVE system automatically charges vehicles during scheduled stops without the cable-based systems. VIA Motors is a commercial electric vehicle company with advanced electric drive technology, delivering sustainable mobility solutions. VIA designs and markets commercial electric vehicles and technology. Energica is an electric motorcycle company. Solectrac is an assembler and distributor of electric powered tractors.

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