Exodus Q1 revenue $36M (+24% YoY); net loss $12.9M vs $54.8M profit

Exodus Movement, Inc.

Revenue $36.0M, up 24% YoY; highest Q1 revenue ever.
Net loss $12.9M vs net income $54.8M in Q1 2024, driven by $28.8M loss on digital assets.
Monthly active users 1.6M, down 30% from Dec 2024; quarterly funded users 1.8M, down 5%.
Digital assets, cash, equivalents $238.0M including 2,011 Bitcoin valued at $166.0M as of March 31.
Exchange processed volume $2.18B, down 7% sequentially from Q4 2024.

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