Ideanomics Past Earnings Performance

Past criteria checks 0/6

Ideanomics's earnings have been declining at an average annual rate of -37.7%, while the Machinery industry saw earnings growing at 13.5% annually. Revenues have been declining at an average rate of 23.6% per year.

Key information

-37.7%

Earnings growth rate

-1.2%

EPS growth rate

Machinery Industry Growth8.8%
Revenue growth rate-23.6%
Return on equityn/a
Net Margin-1,261.6%
Last Earnings Update31 Dec 2023

Recent past performance 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)?

Revenue & Expenses Breakdown

How Ideanomics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:IDEX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2315-1957210
30 Sep 2394-33611511
30 Jun 23100-30013310
31 Mar 23104-3071357
31 Dec 2219-1921094
30 Sep 2246-2741223
30 Jun 2266-3011342
31 Mar 2286-2731202
31 Dec 21114-2561061
30 Sep 2198-119911
30 Jun 2182-76652
31 Mar 2156-95542
31 Dec 2027-101452
30 Sep 2016-157371
30 Jun 208-162340
31 Mar 2018-131330
31 Dec 1945-99310
30 Sep 19603290
30 Jun 1910010261
31 Mar 19219-4282
31 Dec 18378-27272
30 Sep 18400-25271
30 Jun 18387-21251
31 Mar 18297-16190
31 Dec 17144-11160
30 Sep 17138-25150
30 Jun 17109-24130
31 Mar 1767-22110
31 Dec 1635-26120
30 Sep 166-8100
30 Jun 165-890
31 Mar 165-790
31 Dec 155-890
30 Sep 154-980
30 Jun 154-980
31 Mar 153-890
31 Dec 142-2980
30 Sep 141-3080
30 Jun 141-3280
31 Mar 140-3480
31 Dec 130-1380

Quality Earnings: IDEX is currently unprofitable.

Growing Profit Margin: IDEX is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: IDEX is unprofitable, and losses have increased over the past 5 years at a rate of 37.7% per year.

Accelerating Growth: Unable to compare IDEX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IDEX is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (10.6%).


Return on Equity

High ROE: IDEX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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