Ideanomics

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, NY, US
Websiteideanomics.com

Latest Updates

Employees (est.) (Dec 2019)60(+20%)
Revenue (FY, 2020)$26.8 M(-39%)
Share Price (Jun 2022)$0.7(+5%)
Cybersecurity ratingCMore
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Key People/Management at Ideanomics

Conor McCarthy

Conor McCarthy

CFO
Harry Edelson

Harry Edelson

Independent Director
Jian Ren Fan

Jian Ren Fan

Independent Director
Kate Lam

Kate Lam

Managing Director, Financial Products
Keith Byers

Keith Byers

SVP, Operations
Tony Sklar

Tony Sklar

SVP, Communications
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Ideanomics Office Locations

Ideanomics has offices in New York and Singapore
New York, NY, US (HQ)
55 Broadway 19th floor
New York, NY, US
1441 Broadway #5116
Singapore, SG
80 Robinson Rd
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Ideanomics Financials and Metrics

Ideanomics Revenue

Ideanomics's revenue was reported to be $26.76 m in FY, 2020
USD

Revenue (Q1, 2021)

32.7m

Gross profit (Q1, 2021)

10.8m

Gross profit margin (Q1, 2021), %

33.1%

Net income (Q1, 2021)

(737.0k)

EBIT (Q1, 2021)

(13.0m)

Market capitalization (17-Jun-2022)

347.2m

Closing stock price (17-Jun-2022)

0.7

Cash (31-Mar-2021)

355.9m

EV

81.3m
Ideanomics's current market capitalization is $347.2 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.9m6.9m308.7k2.0m4.6m4.5m144.3m377.7m44.6m26.8m

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%
USDQ2, 2011

Financial Leverage

2 x
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Ideanomics Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Ideanomics Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Ideanomics Online and Social Media Presence

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Ideanomics News and Updates

Ideanomics Announces Conference Call to Update Investors on the VIA Motors Merger

NEW YORK, June 17, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the adoption of commercial electric vehicles (EV), today announced that on June 23, 2022 at 4:00pm ET both Ideanomics and VIA Motors management will...

GridMarket Announces EV Transition Initiative with Coast Counties Peterbilt and Ideanomics Energy

By pairing EV chargers with renewable generation and storage, the Coast Counties Peterbilt project sites will be optimized to handle the increased demand from charging infrastructure and benefit from distributed energy technologies By pairing EV chargers with renewable generation and storage, the Co…

Ideanomics Energy Pens Agreement with Coast Counties Peterbilt to Deploy and Operate Green Charging Solutions

Ideanomics Energy will support Coast Counties Peterbilt's transition to electric fleet vehicles by providing renewable energy generation, energy storage systems, and DC fast charging infrastructure to dealerships in California. The agreement includes a Power Purchase Agreement (PPA) and a...

Ideanomics Announces Receipt of Notice from Nasdaq regarding late filing of Quarterly Report on Form 10-Q

NEW YORK, May 20, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") today announced that on May 17, 2022 the Company received a notice (the "10-Q Notice") from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market...

Electric Motorcycles As The Tip Of The Iceberg, With Ideanomics CEO Alf Poor

Recently, I sat down with Alf Poor, CEO of Ideanomics, one of the leading electric vehicle industry players globally. This was part of a press trip to cover the acquisition of Energica by Ideanomics, where I joined the execs from both companies at the Nasdaq for the announcement, investor preso, and…

Ideanomics Helps Close Electric Vehicle Financing Gaps for New Jersey Small Businesses Participating in NJ ZIP

New Jersey Zero Emission Incentive Program (NJ ZIP) is a pilot program with a funding pool of over $44M to support small businesses in purchasing medium-duty zero-emissions vehicles While NJ ZIP covers a significant portion of the vehicle cost, Ideanomics is assisting small businesses in...
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Ideanomics Blogs

Beyond the Plug: Commercial Electrification Insights from the 2022 ACT Expo

The post Beyond the Plug: Commercial Electrification Insights from the 2022 ACT Expo appeared first on Ideanomics, Inc..

Partnerships, Planning and Policy: The Three P’s of Commercial Electrification from the 2022 New York BloombergNEF Summit

The post Partnerships, Planning and Policy: The Three P’s of Commercial Electrification from the 2022 New York BloombergNEF Summit  appeared first on Ideanomics, Inc..

Four Things to Watch in Commercial Electrification

The post Four Things to Watch in Commercial Electrification appeared first on Ideanomics, Inc..
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Ideanomics Frequently Asked Questions

  • When was Ideanomics founded?

    Ideanomics was founded in 2004.

  • Who are Ideanomics key executives?

    Ideanomics's key executives are Conor McCarthy, Harry Edelson and Jian Ren Fan.

  • How many employees does Ideanomics have?

    Ideanomics has 60 employees.

  • What is Ideanomics revenue?

    Latest Ideanomics annual revenue is $26.8 m.

  • What is Ideanomics revenue per employee?

    Latest Ideanomics revenue per employee is $446 k.

  • Who are Ideanomics competitors?

    Competitors of Ideanomics include Shoptaki, IPwe and HashKey.

  • Where is Ideanomics headquarters?

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

  • Where are Ideanomics offices?

    Ideanomics has offices in New York and Singapore.

  • How many offices does Ideanomics have?

    Ideanomics has 3 offices.