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 (Nov 2020)$1.5 (+29%)
Cybersecurity ratingCMore

Key People/Management at Ideanomics

Kate Lam

Kate Lam

Managing Director of Digital Products.
Jim Cassano

Jim Cassano

Independent Director
John Wallace

John Wallace

Director
Conor McCarthy

Conor McCarthy

CFO
Harry Edelson

Harry Edelson

Independent Director
Carla Qiong Zhou

Carla Qiong Zhou

CRO
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Ideanomics Office Locations

Ideanomics has offices in New York and Singapore
New York, US (HQ)
55 Broadway 19th floor
New York, 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 $44.57 m in FY, 2019
USD

Revenue (Q2, 2020)

4.7m

Net income (Q2, 2020)

(26.4m)

EBIT (Q2, 2020)

(16.3m)

Market capitalization (20-Nov-2020)

376.7m

Closing stock price (20-Nov-2020)

1.5

Cash (30-Jun-2020)

36.4m

EV

360.8m
Ideanomics's current market capitalization is $376.7 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
USDQ2, 2011

Financial Leverage

2 x
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Ideanomics Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Ideanomics Online and Social Media Presence

Embed Graph

Ideanomics News and Updates

Ideanomics Announces Definitive Agreement to Acquire Timios Holdings Corp.

NEW YORK, Nov. 12, 2020 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce it has signed a definitive stock purchase agreement to acquire 100% of privately held Timios Holdings Corp. ("Timios") in an all-cash deal, the material terms of which...

Ideanomics Reports MEG September and Q3 EV Sales Activity

423 EV units delivered in September

SHAREHOLDER ALERT: WeissLaw LLP Investigates Ideanomics, Inc.

NEW YORK, Sept. 25, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Ideanomics, Inc. ("IDEX" or the "Company") (NASDAQ: IDEX) in connection with the September 4, 2020, Standby Equity...

Ideanomics MEG's Medici Motor Works Announces the Hire of Dr. Liqing Hu as Chief Scientist and the Launch of the Medici Research Institute

NEW YORK, Sept. 23, 2020 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce the hire of Dr. Liqing Hu as Chief Scientist for Medici Motors Works. Dr. Hu will be based in China. Dr. Liqing Hu is a celebrated innovator and pioneer in the field...

Ideanomics Reported July & August Electric Vehicle (EV) Unit Sales

Ideanomics is pleased to announce its Mobile Energy Global (MEG) division's activity from the period starting July 1, 2020, and ending August 31, 2020. read more

Ideanomics Announces MEG's July and August Activity

NEW YORK, Sept. 15, 2020 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce its Mobile Energy Global (MEG) division's activity from the period starting July 1, 2020, and ending August 31, 2020. MEG activities during the period of July 1, 2020...
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Ideanomics Blogs

Ideanomics Announces MEG October & Q4 Sales Activity

- A total of 102 units delivered in October

Ideanomics October 2020 Newsletter

The post Ideanomics October 2020 Newsletter appeared first on Ideanomics, Inc..

Ideanomics Invests in California-based e-Tractor Company, Solectrac

- Ideanomics acquires a 15% stake in e-Tractor company Solectrac, whose mission is to offer farmers independence from the pollution, infrastructure, and price volatility associated with fossil fuels

Ideanomics Announces Q3 2020 Earnings Call and Other Corporate Updates

- Ideanomics will host its Q3 2020 earnings call on November 9, 2020

Ideanomics Announces MEG September and Q3 Sales Activity

- A total of 423 units delivered in September

Ideanomics September 2020 Newsletter

The post Ideanomics September 2020 Newsletter appeared first on Ideanomics, Inc..

Ideanomics Frequently Asked Questions

  • When was Ideanomics founded?

    Ideanomics was founded in 2004.

  • Who are Ideanomics key executives?

    Ideanomics's key executives are Kate Lam, Jim Cassano and John Wallace.

  • 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 offices in New York and Singapore.

  • How many offices does Ideanomics have?

    Ideanomics has 4 offices.