Exodus Movement, Inc.

Exodus Movement, Inc.

EXOD·AMEX

$6.68

-0.15%
TechnologySoftware - Infrastructure

Exodus Movement, Inc. operates as a non-custodial cryptocurrency software platform company in the United States. Its multi-asset software wallet allows users to secure, manage, and exchange cryptocurrencies, such as Bitcoin, Ethereum, and others. The company was founded in 2015 and is based in Omaha, Nebraska.

At a Glance

Live Snapshot
Market Cap$200.45M
EPS-0.3900
P/E Ratio-17.13
Earnings Date08/10/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -17.1).

Valuation inputs: P/E -17.1, earnings yield N/A, momentum -0.1%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -4.6%, ROIC -1.6%).

Profitability stack: net margin -9.3%, ROE -4.6%, ROIC -1.6%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +7.0%, momentum -0.1%, net margin -9.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

exod

Exodus Movement, Inc. Market vs Earnings Trajectory

EXOD · AMEX

Loading price and EPS data...

Exodus Movement, Inc.

Exodus Movement, Inc. Fair Value Envelope

EXOD · AMEX

Our analysis suggests that EXOD has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $6.68, this represents a potential HIDDEN relative to our calculated worth for Exodus Movement, Inc..

Intrinsic Value
Current Price: $6.68
3Y-57.0%
5Y-222.0%
10Y+4186.0%
3Y+140.0%
5Y+472.0%
10Y+1434.0%
3Y-51.0%
5Y-239.0%
10Y+4836.0%
3Y-158.0%
5Y-1058.0%
10Y+961.0%
3Y-159.0%
5Y-1122.0%
10Y+834.0%
3Y+210.0%
5Y+1231.0%
10Y+2766.0%
Exodus Movement, Inc.

Exodus Movement, Inc. Profit Bridge

EXOD · AMEX
Revenue121.55M
Cost of Goods Sold (62.93M)
Gross Profit58.62M
Operating Expenses (66.28M)
Operating Income-7.66M
Interest Expense (570.00K)
Other Income/Expense-12.99M
Pretax Income-20.65M
Income Tax (-9.30M)
Net Income-11.35M
Net Income
-11.35M

Profitability Analysis

Gross Margin

48.2%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

-6.3%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-9.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

48.23%
Gross Profit Margin
-52%
3Y+11.0%
5Y-18.0%
10Y+219.0%
-6.30%
Operating Profit Margin
-123%
3Y-87.0%
5Y-130.0%
10Y-69.0%
-9.34%
Net Profit Margin
-110%
3Y-80.0%
5Y-124.0%
10Y+222.0%
-4.59%
Return on Equity
-110%
3Y-83.0%
5Y-110.0%
10Y+61.0%
-4.11%
Return on Assets
-110%
3Y-84.0%
5Y-110.0%
10Y+72.0%
-1.62%
Return on Invested Capital
-116%
3Y-94.0%
5Y-108.0%
10Y-93.0%
EXOD

Exodus Movement, Inc. Cash Conversion Engine

EXOD · AMEX
Net Income-29.95M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital-242.00K
Others4.63M
Capital Expenditures-267.00K
Free Cash Flow-25.83M

Cash Flow Quality Analysis

FCF Conversion Rate

86.2%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

-1.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-109.7%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$242.00K

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

exod

Exodus Movement, Inc. Funding & Solvency Profile

EXOD · AMEX
Cash & Cash Equivalents72.92M
Net Receivables3.71M
Inventory0.00
Other Current Assets91.34M
Total Current Assets168 M
Property, Plant & Equipment435.00K
Goodwill & Intangible Assets4.80M
Long-Term Investments0.00
Other Non-Current Assets53.63M
Total Non-Current Assets54 M
Total Assets
230.49M

Financial Health Analysis

Current Ratio

14.20x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.05x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

156 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

73% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Exodus Movement, Inc. Street Expectations Map

EXOD · AMEX

Wall Street analysts project that EXOD stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 17.75, with estimates ranging from a low of 15.00 to a high of 21.00.

Lowest Target
15.00
124.55%
Consensus Target
17.75
165.72%
Highest Target
21.00
214.37%

The consensus 1-year price target stands at 17.75, with estimates ranging from a low of 15.00 to a high of 21.00.

Analyst Consensus Analysis

Upside Potential

+165.7%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

33.8% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

High

Positive outlook with reasonable agreement. Analysts generally optimistic about prospects with manageable uncertainty.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

exod

Exodus Movement, Inc. Insider Positioning

EXOD · AMEX

During the last 12 months, insiders have sold $2K worth of EXOD shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

270

1.90K

Net Activity

-2K

-$2K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
KM

Knight Margaret

Director

270 shares2 transactions

$2K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $2K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$2K

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Persistent selling pressure: Consistent insider selling with weak buy/sell ratio suggests insiders may be capitalizing on current valuation. Exercise caution and review recent earnings quality and management commentary.

No Dividend Yield Data

EXOD has not reported any dividend yield values in the available annual periods.

 

exod Dividend History

EXOD
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%