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EXODUS MOVEMENT INC A (symbol: EXOD) is a leading technology company specializing in developing innovative software solutions for the digital world. They focus on creating cutting-edge applications that enhance user experience and streamline business operations. With a strong emphasis on research and development, EXODUS MOVEMENT INC A has achieved remarkable success in delivering high-quality products to the market. Their commitment to excellence and customer satisfaction has established them as a key player in the industry.
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Exodus Movement, Inc. announced its common stock uplisting to the NYSE American stock exchange, effective May 9, 2024, under the symbol 'EXOD'. The move aims to enhance long-term value for stockholders, increase liquidity, and raise awareness of Exodus in the investor community.
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Exodus Movement, Inc. (EXOD) reported full year revenue of $56.2 million for fiscal 2023, showing an 11% increase from 2022. The company's Q4 2023 revenue was $18.5 million, a 64% rise from Q4 2022. Despite a 99% increase in total cost of revenues, operating expenses decreased by 43%. Exodus achieved an operating margin of 36% and an adjusted EBITDA of $17.6 million, up by 1122% from 2022. The company's digital assets and cash stood at $138.3 million as of December 31, 2023. Exodus also saw growth in exchange volume and monthly active users.
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Exodus Movement, Inc. announces a preview of its 2023 full-year results, the addition of two new independent directors to its Board of Directors, and that its Class A shares have begun trading on OTC Markets’ OTCQB stock market. The company also revealed selected results as of December 31, 2023, including 906,844 Monthly Active Users, 682,338 Q4 2023 Downloads, and $854.4 million Q4 2023 Swap Volume. The CFO, James Gernetzke, stated that the company is raising the 2023 expected revenue range from between $51-54 million to $54-57 million, attributing this to price improvements in Bitcoin and Ethereum in Q4 2023.
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Exodus Movement, Inc. (EXOD) announces the cessation of trading of its Class A shares on tZERO Securities ATS and Securitize Markets ATS to facilitate the transfer of shares to a brokerage account for participation in the planned OTC Markets OTCQB listing.
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Exodus Movement, the leading self-custodial cryptocurrency software platform, reported third quarter revenue of $12.0 million for fiscal 2023. The company's financial highlights include a 9% increase in revenue and an operating margin of 6%.
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Exodus Movement, Inc. (tZERO ATS:EXOD) and Magic Eden partner to simplify NFT landscape for mainstream users, offering intuitive mobile interfaces, fiat onramp/offramp solutions, and streamlined asset swaps, aiming to elevate mobile NFT experiences and make buying, selling, and managing NFTs hassle-free.
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Exodus reported Q2 2023 revenue of $12.4M and net income of $1.9M. Operating margin improved to 12%. Monthly active users decreased by 6%. Adjusted EBITDA increased to $4.1M. Digital assets and cash totaled $106.7M. Full-time equivalent team members decreased by 33%.
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Exodus Movement, Inc. reported full year revenue of $50.6 million, a decrease of 47% compared to 2021. The company aims to expand its product offering and create a platform where customers can self-custody all their digital assets in one app.
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FAQ
What is the current stock price of Exodus Movement (EXOD)?
The current stock price of Exodus Movement (EXOD) is $89.3 as of January 29, 2025.
What is the market cap of Exodus Movement (EXOD)?
The market cap of Exodus Movement (EXOD) is approximately 2.2B.
What is EXODUS MOVEMENT INC A known for?
EXODUS MOVEMENT INC A is known for developing innovative software solutions for the digital world, focusing on enhancing user experience and streamlining business operations.
What sets EXODUS MOVEMENT INC A apart from its competitors?
EXODUS MOVEMENT INC A stands out from its competitors due to its strong emphasis on research and development, commitment to excellence, and customer satisfaction.
How has EXODUS MOVEMENT INC A achieved success in the market?
EXODUS MOVEMENT INC A has achieved success in the market by delivering high-quality products through a combination of innovation, dedication, and a focus on meeting customer needs.
What is the core focus of EXODUS MOVEMENT INC A's business?
The core focus of EXODUS MOVEMENT INC A's business is developing cutting-edge software applications that improve user experience and optimize business processes.
What is EXODUS MOVEMENT INC A's approach to product development?
EXODUS MOVEMENT INC A takes a research-driven approach to product development, ensuring that their solutions are at the forefront of technology and meet the evolving needs of their customers.
How does EXODUS MOVEMENT INC A prioritize customer satisfaction?
EXODUS MOVEMENT INC A prioritizes customer satisfaction by actively seeking feedback, addressing issues promptly, and continuously improving their products and services.
What is the vision of EXODUS MOVEMENT INC A for the future?
EXODUS MOVEMENT INC A aims to continue leading the market with innovative software solutions, expanding their reach, and establishing long-term partnerships with clients.
How does EXODUS MOVEMENT INC A contribute to the industry?
EXODUS MOVEMENT INC A contributes to the industry by setting standards for excellence in software development, driving technological advancements, and shaping the digital landscape.
What is EXODUS MOVEMENT INC A's commitment to excellence?
EXODUS MOVEMENT INC A is committed to excellence by continuously striving for improvement, delivering top-notch products, and ensuring customer satisfaction.
How can investors get in touch with EXODUS MOVEMENT INC A?
Investors can contact EXODUS MOVEMENT INC A at investors@exodus.com for more information about the company and its performance.
Exodus Movement, Inc.