earnings
confidence high
sentiment positive
materiality 0.80
Exodus Q3 revenue $30.3M (+51% YoY), net income $17.0M; acquires stablecoin platform Grateful
Exodus Movement, Inc.
- Revenue $30.3M, up 51% from $20.1M in Q3 2024; net income $17.0M vs $0.8M (2,025% increase).
- Exchange provider processed volume $1.75B, up 82% YoY and 27% QoQ.
- Quarterly funded users grew 20% YoY to 1.8M; monthly active users down 6% to 1.5M.
- Digital and liquid assets total $314.7M including 2,123 BTC ($242.4M) and $50.8M cash equivalents.
- Announces acquisition of Grateful, a stablecoin payments orchestrator for merchants (deal value not disclosed).