earnings
confidence high
sentiment positive
materiality 0.75
Exodus reports 68% revenue growth to $20.1M; returns to profitability in Q3 2024
Exodus Movement, Inc.
- Revenue $20.1M (+68% YoY); net income $0.8M vs $0.3M loss in Q3 2023.
- Exchange aggregation revenue $18.1M (90% of total); processed volume $0.96B (+69% YoY).
- Monthly Active Users 1.6M (up from 1.1M YoY).
- Digital assets and cash $194.7M, including $120.8M in BTC/ETH and $69.8M cash equivalents.
- New partnership with Ledger; expanded Magic Eden Wallet to mobile; launched Passkeys for developers.