NASDAQ$IDEXQ

Ideanomics Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Ideanomics reported Q3 2021 financial results.

Ideanomics reported revenue of $27 million for the third quarter of 2021, with a gross profit of $4.5 million, representing a gross margin of 16.7%. The Mobility Unit's revenue was $11.5 million, marking the third consecutive quarter of growth.

  • Revenue for the quarter was $27 million.
  • Mobility Unit revenue was $11.5 million, up from $8.7 million in Q2 2021.
  • Gross profit for the quarter was $4.5 million, with a gross margin of 16.7%.
  • Completed restatement of previously issued financial statements for Q1 and Q2 2021.

Headline financials

Total Revenue

$27M

Previous: $715K+3682.8%
EPS (adj)

-$15.00

Previous: -$2.50-500.0%
Gross Margin

16.7%

No prior period
Capital Expenditures

-$1.35M

Previous: $4K-33900.0%
Free Cash Flow

-$43.6M

Previous: -$11.5M-278.0%
Net Income

-$50.9M

Previous: -$8.29M-513.7%
Operating Income

-$51.5M

Previous: -$12M-329.5%
Gross Profit

$4.53M

Previous: $700K+546.9%
Cash & Equivalents

$257M

Previous: $27.6M+830.7%
Total Assets

$596M

Previous: $138M+330.3%
Stock-Based Comp

$15.2M

Previous: $3.25M+367.0%

Revenue & EPS history

Ideanomics · Revenue · Quarterly

$27M

Q3 2021+3,682.8%vs Q3 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 · overlaid with Q3 2021

Historical avgQ3 2021

-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%
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