NASDAQ$IDEXQ

Ideanomics Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported full year 2020 operating results, demonstrating sequential quarter over quarter growth.

Ideanomics reported full year 2020 results with revenue of $26.8 million, driven by growth in EV revenue which increased to $19.5 million.

  • Full year revenue reached $26.8 million.
  • EV revenue increased to $19.5 million, a 600% increase year-over-year.
  • Gross profit for 2020 was $2.1 million, representing a gross margin of 7.7%.
  • The company is focused on the convergence of financial services and industries experiencing technological disruption.

Headline financials

Total Revenue

$1.04M

Previous: $43.1M-97.6%
EPS (adj)

$88.75

Previous: $90.00-1.4%
Capital Expenditures

$146K

Previous: $7.3K+1900.5%
Free Cash Flow

-$19.7M

Previous: -$5.08M-287.8%
Net Income

-$51M

Previous: -$68.6M+25.7%
Operating Income

-$49.2M

Previous: -$68.6M+28.3%
Gross Profit

$1.04M

Previous: $43.1M-97.6%
Cash & Equivalents

$166M

Previous: $2.6M+6275.5%
Total Assets

$234M

Previous: $127M+84.3%
Stock-Based Comp

$3.12M

Previous: $2.64M+18.4%

Revenue & EPS history

Ideanomics · Revenue · Quarterly

$1.04M

Q4 2020-97.6%vs Q4 2019
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—

Forward guidance

Ideanomics is building the groundwork for 2021 and beyond, with recent activity across the EV ecosystem and developments in EV charging infrastructure.

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