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Industrials - Agricultural - Machinery - NASDAQ - US
$ 0.03
50 %
$ 602 K
Market Cap
0.0
P/E
1. INTRINSIC VALUE

Ideanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Its Ideanomics Mobility division facilitates the adoption of electric vehicles by commercial fleet operators. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. The company's Ideanomics Capital division provides fintech services, which focuses on the enhancement of efficiency, transparency, and profitability for the financial services industry. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York.[ Read More ]

The intrinsic value of one IDEX stock under the base case scenario is HIDDEN Compared to the current market price of 0.03 USD, Ideanomics, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IDEX

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FINANCIALS
15.5 M REVENUE
-84.68%
-102 M OPERATING INCOME
65.22%
-195 M NET INCOME
31.04%
-52.7 M OPERATING CASH FLOW
59.49%
1.82 M INVESTING CASH FLOW
101.92%
31.9 M FINANCING CASH FLOW
251.88%
3.82 M REVENUE
473.83%
-16.5 M OPERATING INCOME
76.52%
-41.5 M NET INCOME
29.15%
-7.89 M OPERATING CASH FLOW
-32.86%
4.67 M INVESTING CASH FLOW
895.57%
13 K FINANCING CASH FLOW
-98.61%
Balance Sheet Decomposition Ideanomics, Inc.
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Current Assets 32.6 M
Cash & Short-Term Investments 1.25 M
Receivables 1.11 M
Other Current Assets 30.2 M
Non-Current Assets 89.5 M
Long-Term Investments 0
PP&E 19 M
Other Non-Current Assets 70.5 M
Current Liabilities 118 M
Accounts Payable 55.2 M
Short-Term Debt 27.7 M
Other Current Liabilities 34.7 M
Non-Current Liabilities 24.7 M
Long-Term Debt 14.8 M
Other Non-Current Liabilities 9.89 M
EFFICIENCY
Earnings Waterfall Ideanomics, Inc.
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Revenue 15.5 M
Cost Of Revenue 34.9 M
Gross Profit -19.5 M
Operating Expenses 82.3 M
Operating Income -102 M
Other Expenses 92.8 M
Net Income -195 M
RATIOS
-125.92% GROSS MARGIN
-125.92%
-658.11% OPERATING MARGIN
-658.11%
-1447.89% NET MARGIN
-1447.89%
1580.38% ROE
1580.38%
-191.50% ROA
-191.50%
-695.30% ROIC
-695.30%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ideanomics, Inc.
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Net Income -195 M
Depreciation & Amortization 17.7 M
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital 31.5 M
Others 122 M
Free Cash Flow -52.7 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ideanomics, Inc.
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IDEX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Ideanomics, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.9 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
9 months ago
Feb 07, 2024
Bought 1.9 K USD
Hayward Andrea Maria
Director
+ 2000
0.95 USD
2 years ago
Oct 21, 2022
Bought 100 K USD
Poor Alfred
Chief Executive Officer
+ 400000
0.25 USD
2 years ago
Jan 21, 2022
Bought 20 K USD
Poor Alfred
Chief Executive Officer
+ 19775
1.01 USD
2 years ago
Jan 20, 2022
Bought 15.5 K USD
Poor Alfred
Chief Executive Officer
+ 14500
1.07 USD
2 years ago
Jan 12, 2022
Bought 30 USD
Poor Alfred
Chief Executive Officer
+ 25
1.2 USD
2 years ago
Jan 12, 2022
Bought 3.57 K USD
Poor Alfred
Chief Executive Officer
+ 2950
1.21 USD
2 years ago
Jan 12, 2022
Bought 71.4 K USD
Poor Alfred
Chief Executive Officer
+ 60000
1.19 USD
3 years ago
Sep 24, 2021
Sell 1.03 M USD
MCMAHON SHANE
Executive Chairman
- 500000
2.06 USD
6 years ago
Nov 21, 2017
Sell 1.5 M USD
WU BRUNO ZHENG
Chief Executive Officer
- 1000000
1.5 USD
9 years ago
Jun 12, 2015
Bought 16.9 K USD
Wong Arthur Lap Tat
Director
+ 7298
2.32 USD
10 years ago
May 22, 2014
Bought 53.9 K USD
MCMAHON SHANE
Chairman (prin. exec. officer)
+ 24600
2.1894 USD
10 years ago
Jan 31, 2014
Bought 0 USD
MCMAHON SHANE
Chairman-princ. exec. officer
+ 933333
0 USD
10 years ago
Jan 31, 2014
Sell 0 USD
MCMAHON SHANE
Chairman-princ. exec. officer
- 7000000
0 USD
11 years ago
Jul 17, 2013
Bought 333 K USD
MCMAHON SHANE
Chairman (prin. exec. officer)
+ 166666
2 USD
11 years ago
Dec 19, 2012
Bought 250 K USD
MCMAHON SHANE
Chief Executive Officer
+ 166666.66
1.5 USD
11 years ago
Dec 19, 2012
Bought 250 K USD
MCMAHON SHANE
Chief Executive Officer
+ 166666.66
1.5 USD
16 years ago
Jan 11, 2008
Sell 70.2 K USD
NG CLIVE
Chairman and Director
- 7017814
0.01 USD
17 years ago
Jul 12, 2007
Sell 495 K USD
NG CLIVE
Chairman of the Board, Pres.
- 471552
1.05 USD
20 years ago
Feb 20, 2004
Bought 6.3 K USD
DONSBACH KURT W
10 percent owner
+ 2100000
0.003 USD
20 years ago
Feb 20, 2004
Bought 6.3 K USD
DONSBACH MARILYN
10 percent owner
+ 2100000
0.003 USD
20 years ago
Feb 20, 2004
Bought 2.7 K USD
PAULSEN LOUIS J
President
+ 900000
0.003 USD
7. News
EV Company News For The Month Of October 2024 Global electric car sales Sept. 2024 up 31% YoY to ~20% share. China sales up 51% to 53% share. Europe up 6% to 26% share. USA down 13.7% to 10.49%. EV market news - Trump to propose making car loan interest fully tax-deductible. Several of Europe's biggest carmakers unveiled low-cost EVs at the Paris Motor Show. EV company news - Tesla launches Cybercab & Robovan AVs. BYD surpasses Tesla in quarterly revenue for the first time. Volkswagen hit by 60% fall in profits. seekingalpha.com - 1 week ago
SEC Charges Ideanomics and Three Senior Executives with Accounting and Disclosure Fraud Washington, D.C.--(Newsfile Corp. - August 9, 2024) - The Securities and Exchange Commission today announced settled fraud charges against Ideanomics, Inc., formerly known as Seven Stars Cloud Group, Inc., and its former Chairman and CEO, Zheng (Bruno) Wu, for misleading the public about the company's financial performance between 2017 and 2019. newsfilecorp.com - 3 months ago
SEC says its settled fraud charges against Ideanomics' current, former executives The U.S. Securities and Exchange Commission said on Friday that it settled fraud charges against Ideanomics Inc., its CEO and two former executives for misleading financial reporting and disclosure practices between 2017 and 2019. reuters.com - 3 months ago
EV Company News For The Month Of July 2024 Global electric car sales June 2024 up 15% YoY to 22% share. China sales up 23% to 49.9% share. Europe down 5% to 22% share. USA down 3.8% to 9.10%. EV market news - EU puts tariffs on China EVs. China doubles cash subsidies to replace ICE cars. U.S. EV sales reach new record in Q2 2024, up 11.3% YoY. EV company news - Tesla delays robotaxi event to October. JPMorgan hikes BYD's PT by more than 80% on outlook (to HKD 475). Volvo June electric car sales up 41%. seekingalpha.com - 3 months ago
Ideanomics Announces Receipt of Notice from Nasdaq Regarding Listing Delinquency New York, NY, July 02, 2024 (GLOBE NEWSWIRE) -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") today announced that on June 26, 2024, the Company received a notice from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company's Form 10-K for the fiscal year ended December 31, 2023, reported stockholders' equity of less than the required minimum of $2,500,000 in stockholders' equity for continued listing, and as of that day, the Company did not meet the alternatives of market value of listed securities or net income from continuing operations, the Company no longer complied with Listing Rule 5550(b)(1). Accordingly, this matter serves as an additional basis for delisting the Company's securities from The Nasdaq Stock Market.  The Nasdaq Hearings Panel (the “Panel”) will consider this matter in their decision regarding the Company's continued listing on The Nasdaq Capital Market and the Company must present its views with respect to this additional deficiency to the Panel in writing no later than July 3, 2024.  The Company is working diligently to regain compliance and will provide an update once more information is available. globenewswire.com - 4 months ago
3 Penny Stocks That Could Make Your Grandchildren Rich Penny stocks are risky but may make you wealthy with little money. The S&P 500 has 15–20% annual volatility (standard deviation), but penny stocks are riskier because their volatility might exceed 50%. investorplace.com - 4 months ago
Ideanomics, Inc. Reports Q4 and Full Year 2023 Financial Results NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the commercial adoption of electric vehicles, announced today its fourth quarter and full year 2023 operating results for the period ended December 31, 2023. globenewswire.com - 4 months ago
Ideanomics Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q New York, May 24, 2024 (GLOBE NEWSWIRE) -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") today announced that on May 21, 2024, the Company received a notice (the "10-Q Notice") from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Form 10-Q for the period ended March 31, 2024 (the "Form 10-Q"), the Company is not in compliance with Nasdaq Listing Rules for continued listing. globenewswire.com - 5 months ago
Energica and Electra Forge Partnership to Revolutionize the Two-Wheel Electric Vehicle Experience MODENA, Italy / Boston, MA, May 23, 2024 (GLOBE NEWSWIRE) -- Energica Motor Company, (a majority-owned subsidiary of Ideanomics (NASDAQ: IDEX) a leader in high-performance electric motorcycles and EV system integration, and Electra, an industry leader in applied AI-ML for battery management software solutions, are excited to announce a strategic R&D partnership to revolutionize the electric two-wheeler market. globenewswire.com - 5 months ago
Energica and Electra Forge R&D Partnership to Revolutionize the Two-Wheel Electric Vehicle Experience MODENA, Italy & BOSTON--(BUSINESS WIRE)--Energica Motor Company (a majority-owned subsidiary of Ideanomics (NASDAQ: IDEX)) leader in high-performing electric motorcycles and EV system integration, and Electra Vehicles Inc., an industry leader in applied AI-ML for battery management software solutions, are excited to announce a strategic R&D partnership to revolutionize the electric two-wheeler market. This collaboration will leverage Electra's AI-powered technology to enhance battery perfor. businesswire.com - 5 months ago
Ideanomics Announces Receipt of Notice from Nasdaq Regarding Listing Rule 5250(f) New York, April 26, 2024 (GLOBE NEWSWIRE) -- NEW YORK, NY April 26, 2024 / Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company") today announced that on April 22, 2024, the Company received a notice from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that it has not paid certain fees required by Listing Rule 5250(f) and the Company was not in compliance with Nasdaq Listing Rules for continued listing. The company subsequently paid the fees and satisfied this requirement. globenewswire.com - 6 months ago
Ideanomics Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K New York, April 24, 2024 (GLOBE NEWSWIRE) -- NEW YORK, NY, April 24, 2024 / Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company") today announced that on April 19, 2024, the Company received a notice (the "10-K Notice") from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company had not yet filed its Form 10-K for the period ended December 30, 2023 (the "Form 10-K"), the Company is not in compliance with Nasdaq Listing Rules for continued listing.   The Company is working diligently to regain compliance and will provide an update once more information is available. globenewswire.com - 6 months ago
8. Profile Summary

Ideanomics, Inc. IDEX

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COUNTRY US
INDUSTRY Agricultural - Machinery
MARKET CAP $ 602 K
Dividend Yield 0.00%
Description Ideanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Its Ideanomics Mobility division facilitates the adoption of electric vehicles by commercial fleet operators. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. The company's Ideanomics Capital division provides fintech services, which focuses on the enhancement of efficiency, transparency, and profitability for the financial services industry. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York.
Contact 1441 Broadway, New York, NY, 10018 https://www.ideanomics.com
IPO Date May 23, 2007
Employees 295
Officers Mr. Alfred P. Poor Chief Executive Officer & Director Mr. Robin J. D. Mackie Chief Operating Officer Mr. Anthony Sklar Senior Vice President of Investor Relations Mr. Ryan M. Jenkins Chief Financial Officer Dr. George Yuan Chief Technology Officer of BBDCG Mr. Jun Zhu Chief Operating Officer - Mobile Energy Group Mr. Hao Li Head of Smart Energy Division-Mobile Energy Group Dr. Liqing Hu Chief Scientist for Medici Motors Works Mr. Shane B. McMahon Founder & Independent Executive Chairman Dr. Zheng Wu Chairman Emeritus