MARKET COMPOSITE
IDEX - Ideanomics Inc2:12:48 PM 5/8/2024
Price
$1.00
-0.03 (-2.91%)
Ideanomics, Inc. focuses on monetizing the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and Fintech products. Its Mobile Energy Global division provides financial services and incentives for commercial fleet operators, including group purchasing discounts and battery buy-back programs. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. The company's Ideanomics Capital division provides financial services solutions. This division is involved in the areas of capital markets, such as financial products advisory and creation, with specific focus on the application of blockchain and artificial intelligence in financial technology. This division also operates EKAR, an exchange traded fund that tracks the Innovation Labs Next Generation Vehicles Index, which comprises of global stocks that have exposure to the theme of electric and self driving/autonomous vehicles. The company was founded in 2004 and is headquartered in New York, New York with office in Beijing, China.
Financials
Quarterly financials
(USD)Sep 2023Q/Q
Revenue665K-92%
Gross Profit-1.5MM-311%
Cost Of Revenue2.1MM-72%
Operating Income-70.1MM+99%
Operating Expenses68.7MM+91%
Net Income-63MM+77%
R&D1.5MM-55%
G&A8.1MM-66%
Amortization5.3MM+2%
Interest Expense1.4MM+45%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

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    New York, April 26, 2024 (GLOBE NEWSWIRE) -- NEW YORK, NY April 26, 2024 / Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company") today announced that on April 22, 2024, the Company received a notice from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that it has not paid certain fees required by Listing Rule 5250(f) and the Company was not in compliance with Nasdaq Listing Rules for continued listing. The company subse

    New York, April 24, 2024 (GLOBE NEWSWIRE) -- NEW YORK, NY, April 24, 2024 / Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company") today announced that on April 19, 2024, the Company received a notice (the "10-K Notice") from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company had not yet filed its Form 10-K for the period ended December 30, 2023 (the "Form 10-K"), the Company is not in compliance wi

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    Ideanomics' Electric Tractor Subsidiary Will Leverage Success To Date In Its Direct-To-Customer Business By Expanding The DTC Strategy and Partnering with a Curated Dealer Network in Key Markets Ideanomics Photo Ideanomics Photo Windsor, CA, March 27, 2024 (GLOBE NEWSWIRE) -- Solectrac, a leader in the electric tractor industry and a wholly-owned subsidiary of Ideanomics (NASDAQ: IDEX), today announced a strategic reorganization and shift in its business model. The California-based distributor o

    New York, March 25, 2024 (GLOBE NEWSWIRE) -- NEW YORK, March 25, 2024 - Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") announces that the conference call to discuss its fourth quarter and full year 2023 financial results on Monday, April 1, 2024, at 4:30pm ET. The Company's senior management team will give prepared remarks followed by a question-and-answer session. CONFERENCE CALL INFORMATION https://audience.mysequire.com/webinar-view?webinar_id=10e00c00-096c-4ff5-80f0-0c1e7bb64610 D

    Salt Lake, Utah, March 11, 2024 (GLOBE NEWSWIRE) -- WAVE Charging, a wholly-owned subsidiary of Ideanomics (NASDAQ: IDEX) and developer of high-power, wireless inductive charging solutions for medium- and heavy-duty commercial vehicles, proudly announces the appointment of Macy Neshati as General Manager. In his new role, Neshati will take charge of overseeing operations and driving the expansion of WAVE Charging's current customer base, including the two confidential commercial fleet customers

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