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 2021)$3.1

Key People/Management at Ideanomics

Jim Cassano

Jim Cassano

Independent Director
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
Shane McMahon

Shane McMahon

Vice Chairman
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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 (11-Jun-2021)

1.3b

Closing stock price (11-Jun-2021)

3.1

Cash (31-Mar-2021)

355.9m

EV

1.1b
Ideanomics's current market capitalization is $1.3 b.
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 Online and Social Media Presence

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Ideanomics News and Updates

Ideanomics Completes Acquisition of US Hybrid, Announces Order

NEW YORK, June 11, 2021 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") today announced it has completed its previously reported May 12, 2021, definitive agreement to acquire 100 percent of privately held US Hybrid, a manufacturer and distributor of electric...

Thinking about buying stock in Stealth BioTherapeutics, BlackBerry, Ideanomics, Seelos Therapeutics, or Altimmune?

NEW YORK, June 2, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MITO, BB, IDEX, SEEL, and ALT. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Ideanomics Appoints Kristen Helsel Chief Revenue Officer

NEW YORK, April 5, 2021 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on driving the adoption of commercial electric vehicles and associated energy consumption, is pleased to announce the appointment of Kristen Helsel as Chief Revenue...

Ideanomics Invests in Italian Electric Motorcycle Company, Energica Motor Company

NEW YORK, March 9, 2021 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce it has acquired 20% of Italian Energica Motor Company S.p.A. (Energica) for the consideration of $13.2 million. It develops high performance 100% battery-powered...

Ideanomics Featured in Syndicated Broadcast Covering Definitive Agreement to Acquire Leading Provider of Wireless Charging Systems for Commercial EVs

NEW YORK, Jan. 11, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Ideanomics (NASDAQ: IDEX) today announces that it has been featured in a broadcast via NetworkNewsAudio (NNA), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution…

Ideanomics Signs A Definitive Agreement To Acquire Utah-Based Wireless Charging Provider WAVE

WAVE was founded in 2011 and is a leading provider of wireless charging systems for commercial EVs Its technology is proven in the field with multiple customer deployments WAVE’s 2020 unaudited revenues are expected to be in the region of $7M, with a burgeoning pipeline for 2021 and beyond New York,…
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Ideanomics Blogs

Ideanomics Acquires U.S. EV Tractor Maker Solectrac

- California-based Solectrac was founded in 2012 by CEO Steve Heckeroth, a leader and visionary in the renewable energy and EV space for more than 40 years.

Ideanomics Set to Join Russell 3000® Index

Keenly focused on the intersection of innovative commercial electric vehicles and FinTech opportunities positions Ideanomics for powerful organic and inorganic growth

Ideanomics to Present at the LD Micro Invitational XI

Presentation on Thursday, June 10 at 6:00 p.m. ET

Hop on, Take a Seat, and Ride the Wireless WAVE

The post Hop on, Take a Seat, and Ride the Wireless WAVE appeared first on Ideanomics, Inc..

Ideanomics Announces WAVE's Inductive Chargers to Power Twin Transit Authority in Chehalis, Washington

- Founded in 2011, WAVE is a leading provider of inductive wireless charging systems for commercial electric vehicles (EVs)

Leadership Spotlight – Angel Xie

The post Leadership Spotlight – Angel Xie 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 Jim Cassano, Conor McCarthy and Harry Edelson.

  • 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 Satoshi Systems, TenzorAI 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 4 offices.