OverviewSuggest Edit

Ideanomics is a company that is focused on digital asset production and distribution. It operates in two segments, Legacy YOD and Wecast Service. Ideanomics engages in the provision of business consulting services related to traditional financings, as well as in developing digital asset securitization services through artificial intelligence and blockchain-enabled financial services platforms.
TypePublic
Founded2004
HQNew York, US
Websiteideanomics.com

Latest Updates

Employees (est.) (Dec 2019)60(+20%)
Revenue (FY, 2019)$44.6 M(-88%)
Share Price (May 2020)$0.4 (+3%)

Key People/Management at Ideanomics

Tony Sklar

Tony Sklar

VP of Communications
Jim Cassano

Jim Cassano

Independent Director
Kate Lam

Kate Lam

Managing Director of Digital Products.
Steven Fadem

Steven Fadem

Independent Director
Cecilia Xu

Cecilia Xu

Corporate Controller
John Wallace

John Wallace

Director
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Ideanomics Office Locations

Ideanomics has an office in New York
New York, US (HQ)
55 Broadway 19th floor
Show all (2)

Ideanomics Financials and Metrics

Ideanomics Revenue

Ideanomics's revenue was reported to be $44.57 m in FY, 2019
USD

Revenue (Q1, 2020)

378.0k

Net income (Q1, 2020)

(12.6m)

EBIT (Q1, 2020)

(9.4m)

Market capitalization (22-May-2020)

70.3m

Closing stock price (22-May-2020)

0.4

Cash (31-Mar-2020)

5.9m

EV

82.9m
Ideanomics's current market capitalization is $70.3 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

7.9m6.9m308.7k2.0m4.6m4.5m144.3m377.7m44.6m

Cost of goods sold

5.5m7.1m3.1m2.8m3.7m4.4m137.2m

Gross profit

2.3m(210.3k)(2.8m)(793.7k)932.5k109.4k7.2m

Gross profit Margin, %

30%(3%)(913%)(40%)20%2%5%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(12.6m)(16.3m)(7.9m)(13.0m)(8.5m)(27.4m)(10.2m)(28.4m)(96.8m)

Depreciation and Amortization

4.4m4.1m1.8m536.7k390.4k489.9k306.8k352.3k2.2m

Inventories

34.0k34.1k(65.4k)216.5k

Accounts Payable

1.6m(29.8k)(324.0k)(545.7k)(65.0k)(38.7k)13.5m(7.6m)2.9m
USDY, 2020

EV/EBIT

-8.8 x

EV/CFO

-21.5 x

Financial Leverage

2.5 x
Show all financial metrics

Ideanomics Online and Social Media Presence

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Ideanomics News and Updates

Ideanomics MEG Announces Order from Beijing Silk Road Rainbow Car Rental

NEW YORK, March 16, 2020 /PRNewswire/ -- Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), has today announced a new vehicle order through its MEG subsidiary from rental and leasing services company Beijing Silk Road Rainbow Car Rental Group Co., Ltd., the leading bus operator...

Ideanomics MEG Announces Multiple Orders from Zhitong 3000

NEW YORK, March 12, 2020 /PRNewswire/ -- Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), has today announced a new vehicle order through its MEG subsidiary from truck services firm Zhitong 3000's holding company Jiangsu Linghao Network Technology Co., Ltd. The overall order is...

Ideanomics announces Updates on Treeletrik Subsidiary, plans IPO

NEW YORK, March 11, 2020 /PRNewswire/ -- Ideanomics, (NASDAQ: IDEX) ("Ideanomics" or the "Company"), has today announced an update on its Malaysia-based Treeletrik subsidiary. Ideanomics acquired 51% ownership in the holding companies of Treeletrik in 2019 and the company has since begun...

Ideanomics Frequently Asked Questions

  • When was Ideanomics founded?

    Ideanomics was founded in 2004.

  • Who are Ideanomics key executives?

    Ideanomics's key executives are Tony Sklar, Jim Cassano and Kate Lam.

  • How many employees does Ideanomics have?

    Ideanomics has 60 employees.

  • What is Ideanomics revenue?

    Latest Ideanomics annual revenue is $44.6 m.

  • What is Ideanomics revenue per employee?

    Latest Ideanomics revenue per employee is $742.8 k.

  • Who are Ideanomics competitors?

    Competitors of Ideanomics include HashKey, Tribal Credit and Hoopoun.

  • Where is Ideanomics headquarters?

    Ideanomics headquarters is located at 55 Broadway 19th floor, New York.

  • Where are Ideanomics offices?

    Ideanomics has an office in New York.

  • How many offices does Ideanomics have?

    Ideanomics has 2 offices.