NASDAQ$IDEXQ

Ideanomics Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Announced second quarter 2021 operating results, demonstrating revenue growth and strategic acquisitions.

Ideanomics reported a revenue of $33.2 million for Q2 2021, marking the sixth consecutive quarter of growth. The quarter includes initial revenues from recent acquisitions, US Hybrid and Solectrac, and a gross profit of $9.3 million.

  • Revenue for the quarter was $33.2 million, marking the sixth consecutive quarter of growth.
  • First revenues from US Hybrid and Solectrac were included in this quarter's results.
  • Revenue from Electric Vehicles was $6.1 million, up from $0.7 million in Q2 2020.
  • Gross profit for the second quarter was $9.3 million, representing a Gross Margin of 28%.

Headline financials

Total Revenue

$33.2M

Previous: -$79K+42146.8%
EPS (adj)

-$3.75

Previous: -$18.75+80.0%
Capital Expenditures

-$603K

Previous: $26K-2419.2%
Free Cash Flow

-$11M

Previous: -$6.56M-67.3%
Net Income

-$9.79M

Previous: -$26.4M+62.9%
Operating Income

-$10.7M

Previous: -$16.3M+34.5%
Gross Profit

$9.3M

Previous: $255K+3547.5%
Cash & Equivalents

$396M

Previous: $36.4M+987.4%
Total Assets

$698M

Previous: $148M+371.7%
Stock-Based Comp

$2.01M

Previous: $3.39M-40.9%

Revenue & EPS history

Ideanomics · Revenue · Quarterly

$33.2M

Q2 2021-42,146.8%vs Q2 2020
Beat estimate in 1 of 10 quarters(10%)
ActualEstimate

Revenue by segment

Ideanomics · $4.7M total across 1 segment · Q2 2020

  • Mobile Energy Global (MEG)
    $4.7M—

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 11 quarterly earnings reports

Historical avg

-4.8%

Avg return

Earnings day

-12.9%

Avg return

5 days after

-48.7%

Avg return

30 days after

0%

0 / 11 earnings

Positive

+0.0%

Q4 2024

Best reaction

-13.6%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2024+0.0%+0.0%-2.9%
Q4 2023+0.0%-6.6%-47.4%
Q3 2023+0.0%-8.3%-12.9%
Q2 2023-7.1%-49.3%-66.9%
Q1 2023-4.3%-20.4%-95.6%
Q2 2022-7.2%-15.5%-95.9%
Q4 2022-7.2%-15.5%-95.9%
Q3 2022-6.3%-12.1%-11.8%
Q1 2022-4.5%-7.1%-58.2%
Q4 2021-2.5%-0.8%-24.2%
Q3 2021-13.6%-5.8%-24.3%
Q2 2021———
Q1 2021———
Q4 2020———
Q3 2020———
Q2 2020———
Q1 2020———
Q4 2019———
Q3 2019———
Q2 2019———
Q1 2019———
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q4 2013———
Q1 2014———
Q3 2013———
Q2 2013———
Q1 2011———
Q4 2012———
Q1 2013———
Q3 2012———
Q4 2011———
Q2 2012———
Q1 2012———
Q3 2010———
Q3 2011———
Q2 2011———
Q4 2010———
Q2 2010———
Q1 2010———

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro