company background image
IDEX logo

Ideanomics OTCPK:IDEX Stock Report

Last Price

US$0.54

Market Cap

US$11.4m

7D

-22.9%

1Y

-94.8%

Updated

26 Jul, 2024

Data

Company Financials

IDEX Stock Overview

Through its subsidiaries, provides various mobility solutions in Asia, Europe, and the United States.

IDEX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Ideanomics, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ideanomics
Historical stock prices
Current Share PriceUS$0.54
52 Week HighUS$12.25
52 Week LowUS$0.20
Beta0.24
11 Month Change-40.75%
3 Month Change-41.30%
1 Year Change-94.84%
33 Year Change-99.82%
5 Year Change-99.76%
Change since IPO-100.00%

Recent News & Updates

Recent updates

Market Cool On Ideanomics, Inc.'s (NASDAQ:IDEX) Revenues Pushing Shares 36% Lower

Apr 17
Market Cool On Ideanomics, Inc.'s (NASDAQ:IDEX) Revenues Pushing Shares 36% Lower

Ideanomics: Investing In EV Is A Waiting Game

Oct 20

Ideanomics, Solectrac secured new business contracts to supply electric tractors to major fleet operators

Oct 04

Ideanomics to establish in-house design capabilities

Sep 26

Ideanomics adds new dealers for Solectrac e-tractors

Sep 19

Ideanomics reports Q2 GAAP EPS of -$0.08, revenue of $34.2M

Sep 09

Ideanomics GAAP EPS of -$0.57, revenue of $114.08M

Sep 02

Ideanomics' Solectrac adds new dealer partners in Florida and Ohio

Aug 02

Solectrac, an operating company of Ideanomics partners with Nolan manufacturing to meet increasing electric tractor demands

Jul 12

Ideanomics: A High-Risk EV Play

Jan 18

Ideanomics Has Potential For Powerful Long-Term Growth And Diversification

Nov 29

Does Ideanomics (NASDAQ:IDEX) Have A Healthy Balance Sheet?

Oct 28
Does Ideanomics (NASDAQ:IDEX) Have A Healthy Balance Sheet?

Does Ideanomics (NASDAQ:IDEX) Have A Healthy Balance Sheet?

Jul 15
Does Ideanomics (NASDAQ:IDEX) Have A Healthy Balance Sheet?

New Forecasts: Here's What Analysts Think The Future Holds For Ideanomics, Inc. (NASDAQ:IDEX)

May 24
New Forecasts: Here's What Analysts Think The Future Holds For Ideanomics, Inc. (NASDAQ:IDEX)

What Is The Ownership Structure Like For Ideanomics, Inc. (NASDAQ:IDEX)?

Feb 04
What Is The Ownership Structure Like For Ideanomics, Inc. (NASDAQ:IDEX)?

Ideanomics inks agreement to acquire Utah-based wireless charging provider, WAVE

Jan 05

Ideanomics' rallies on MEG's agreement for 2K units of EV, BYD D1

Dec 28

Ideanomics' Long-Term Potential Boosted By MEG Growth And Acquisitions

Dec 21

Shareholder Returns

IDEXUS MachineryUS Market
7D-22.9%1.4%-0.6%
1Y-94.8%12.3%17.3%

Return vs Industry: IDEX underperformed the US Machinery industry which returned 12.3% over the past year.

Return vs Market: IDEX underperformed the US Market which returned 17.3% over the past year.

Price Volatility

Is IDEX's price volatile compared to industry and market?
IDEX volatility
IDEX Average Weekly Movement14.0%
Machinery Industry Average Movement5.3%
Market Average Movement6.0%
10% most volatile stocks in US Market14.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: IDEX's share price has been volatile over the past 3 months.

Volatility Over Time: IDEX's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2004295Alf Poorwww.ideanomics.com

Ideanomics, Inc., through its subsidiaries, provides various mobility solutions in Asia, Europe, and the United States. The company’s Ideanomics Mobility business unit 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). It also offers high-power inductive charging solutions for medium and heavy-duty EVs.

Ideanomics, Inc. Fundamentals Summary

How do Ideanomics's earnings and revenue compare to its market cap?
IDEX fundamental statistics
Market capUS$11.44m
Earnings (TTM)-US$195.03m
Revenue (TTM)US$15.46m

0.7x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IDEX income statement (TTM)
RevenueUS$15.46m
Cost of RevenueUS$18.17m
Gross Profit-US$2.71m
Other ExpensesUS$192.32m
Earnings-US$195.03m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-9.72
Gross Margin-17.56%
Net Profit Margin-1,261.62%
Debt/Equity Ratio-140.2%

How did IDEX perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.