Exodus Q2 net income $37.7M on $25.8M revenue; volume down 37% QoQ

Exodus Movement, Inc.

Revenue $25.8M, up 16% YoY; net income $37.7M vs loss of $9.6M in Q2 2024.
Net income driven by $52.5M gain on digital assets; G&A jumped 107% to $18.8M.
Exchange volume $1.38B, down 37% from Q1 2025; funded users 1.7M, up 13% YoY.
Digital assets and liquid assets $291.2M including 2,058 BTC ($220.5M) and $58.1M cash.
Monthly active users 1.5M, flat YoY; team size ~210, unchanged.

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