Ideanomics Inc logo

IDEX

Ideanomics Inc

$0.66

Earnings Summary

Revenue
$27.05Mn
Net Profits
$-50.85Mn
Net Profit Margins
-188.01%

Highlights

Revenue:

Ideanomics Inc’s revenue jumped 154.68% since last year same period to $27.05Mn in the Q3 2021. On a quarterly growth basis, Ideanomics Inc has generated -18.57% fall in its revenue since last 3-months.

Net Profits:

Ideanomics Inc’s net profit fell -513.7% since last year same period to $-50.85Mn in the Q3 2021. On a quarterly growth basis, Ideanomics Inc has generated -419.42% fall in its net profits since last 3-months.

Net Profit Margins:

Ideanomics Inc’s net profit margin fell -140.97% since last year same period to -188.01% in the Q3 2021. On a quarterly growth basis, Ideanomics Inc has generated -537.91% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Ideanomics Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.01
EPS Estimate Current Year
-0.01

Highlights

EPS Estimate Current Quarter:

Ideanomics Inc’s earning per share (EPS) estimates for the current quarter stand at -0.01 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Ideanomics Inc’s earning per share (EPS) estimates for the current year stand at -0.01.

Key Ratios

Key ratios of the Ideanomics Inc post its Q3 2021 earnings

Earning Per Share (EPS)
-0.11
Return on Assets (ROA)
-0.12
Return on Equity (ROE)
-0.4
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Ideanomics Inc’s earning per share (EPS) fell -266.67% since last year same period to -0.11 in the Q3 2021. This indicates that the Ideanomics Inc has generated -266.67% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ideanomics Inc’s return on assets (ROA) stands at -0.12.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ideanomics Inc’s return on equity (ROE) stands at -0.4.

Dividend Per Share (DPS):

Ideanomics Inc declared 0 dividend per share during the earnings announcement for Q3 2021.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2021-08-16
-0.01
-0.02
-100%
2021-05-17
-0.03
-0.15
-394.67%
2021-11-23
-0.01
-0.11
-1000%

Company Information

Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. Our Mobile Energy Global (MEG) division is a service provider which facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under our innovative sales to financing to charging (S2F2C) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, MEG and Ideanomics Capital provide our global customers and partners with leading technologies and services designed to improve transparency, efficiency, and accountability, and our shareholders with the opportunity to participate in high-potential, growth industries. The company is headquartered in New York, NY, with offices in Beijing, Hangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.

Organisation
Ideanomics Inc
Employees
110
Industry
Technology Services