Exodus Movement (BU3) Stock Overview

Operates as a financial technology for blockchain and digital asset industry in the United States. More details

BU3 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 63% below our estimate of its fair value

Revenue is forecast to grow 21.61% per year

Earnings grew by 67.3% over the past year

Analysts in good agreement that stock price will rise by 150.9%

Risk Analysis

Shares are highly illiquid

Earnings are forecast to decline by an average of 26.9% per year for the next 3 years

High level of non-cash earnings

BU3 Community Fair Values

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Exodus Movement, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Exodus Movement
Historical stock prices
Current Share Price	US$19.26
52 Week High	US$19.26
52 Week Low	US$17.96
Beta	2.96
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	7.21%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	BU3	DE Software	DE Market
7D	n/a	-5.5%	-0.9%
1Y	n/a	-3.3%	11.5%

Return vs Industry: Insufficient data to determine how BU3 performed against the German Software industry.

Return vs Market: Insufficient data to determine how BU3 performed against the German Market.

Price Volatility

Is BU3's price volatile compared to industry and market?
BU3 volatility
BU3 Average Weekly Movement	n/a
Software Industry Average Movement	6.9%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	12.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: BU3's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine BU3's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2015	210	Jon Richardson	www.exodus.com

Exodus Movement, Inc. operates as a financial technology for blockchain and digital asset industry in the United States. The company develops Exodus Platform, an un-hosted self-custodial platform that provides access to the world of decentralized finance and the power of blockchain. It also offers fiat on and off-ramps to facilitate an exchange for users to buy digital assets with fiat currency through bank transfer, credit or debit card, and Apple Pay; and staking services, which allows users to stake digital assets in their Exodus wallets.

Exodus Movement, Inc. Fundamentals Summary

How do Exodus Movement's earnings and revenue compare to its market cap?
BU3 fundamental statistics
Market cap	€543.51m
Earnings (TTM)	€80.06m
Revenue (TTM)	€109.59m

6.9x

P/E Ratio

5.0x

P/S Ratio

Is BU3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BU3 income statement (TTM)
Revenue	US$126.73m
Cost of Revenue	US$8.15m
Gross Profit	US$118.58m
Other Expenses	US$26.00m
Earnings	US$92.57m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	3.18
Gross Margin	93.57%
Net Profit Margin	73.05%
Debt/Equity Ratio	0%

How did BU3 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/10 12:40
End of Day Share Price	2025/11/10 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Exodus Movement, Inc. is covered by 7 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mark Palmer	Benchmark Company
Andrew Harte	BTIG
Brett Knoblauch	Cantor Fitzgerald & Co.