IDEX Ideanomics, Inc.

Ideanomics, Inc. provides cloud-based software and services. It engages in the provision of business consulting services related to traditional financings, as well as in developing digital asset securitization services through artificial intelligence and blockchain enabled financial services platforms. The firm provides premium content and integrated value-added service solutions for the delivery of video on demand and paid video programing to digital cable providers, Internet protocol television providers, over-the-top streaming providers, mobile manufacturers, and operators, as well as direct customers. The company was founded by Shane B. McMahon on October 19, 2014 and is headquartered in New York, NY.

Company profile

Ticker

IDEX

Exchange

NASDAQ

Website

ideanomics.com

CEO

Alfred P. Poor

Incorporated in

Nevada

Location

New York

Fiscal year end

Dec 31

Sector

Consumer Services > Information Technology Services

Industry (SEC)

Cable & Other Pay Television Services

Liberty Broadband • Charter Communications • Liberty Latin America • Cco Holdings Capital • Cco • DISH Network • Altice USA • Discovery • WideOpenWest • Liberty Global ...

Former names

Alpha Nutraceuticals Inc, Alpha Nutra Inc, China Broadband Inc, Gallery Rodeo International, Seven Stars Cloud Group, Inc., Sierra Rockies Corp, Wecast Network, Inc., You On Demand Holdings, Inc.

SEC CIK

0000837852

Corporate docs

Articles of Incorporation & Bylaws

IRS number

201777837

IDEX stock data

S&P 500

1M 1Y 2Y 5Y

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

11 May 20

13 Jul 20

31 Dec 20

News

Company financial data Financial data

Chart IDEX financial data

Quarter (USD)	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	378K	63.39K	3.1M	14.45M
Net income	-12.62M	-109.71M	-12.3M	5.28M
Diluted EPS	-0.08	0.72	-0.11	0.05
Net profit margin	-3339%	-173062%	-396%	36.51%
Operating income	-9.44M	-85.78M	-9.4M	5.71M
Net change in cash	3.27M	946.4K	626.21K	-951.61K
Cash on hand	5.9M	2.63M	1.69M	1.06M
Cost of revenue				249.52K

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue	44.57M	377.74M	144.34M	35.19M
Net income	-96.83M	-28.42M	-10.86M	-28.5M
Diluted EPS	0.82	0.35	0.17	-0.73
Net profit margin	-217%	-7.52%	-7.52%	-81.00%
Operating income	-68.57M	-26.2M	-10.1M	-28.89M
Net change in cash	-473K	-4.47M	3.5M	310.87K
Cash on hand	2.63M	3.11M	7.58M	4.08M
Cost of revenue			137.19M	35.55M

Financial data from Ideanomics earnings reports

Recent insider trades

IDEX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	$Price	#Shares	$Value	#Remaining
22 Feb 19	Alfred Poor	Stock Option Common Stock	Grant	Aquire A	No	1.98	2,000,000	3.96M	2,000,000

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q3 2019

IDEX institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Revenue for the year ended December 31, 2019 was $44.6 million as compared to $377.7 million for the same period in 2018, a decrease of approximately $333.2 million, or 88%. The decrease was mainly due to a change to our business focus from logistics management to digital business consulting services and electric vehicle businesses. Our business strategy and the primary goal for entering the crude oil and electronic trading businesses was to learn about the needs of buyers and sellers in these industries that rely heavily on the shipment of goods. Our activities in the crude oil trading and electronic trading business have been successful in various aspects in 2018, and for strategic reasons we have now phased out of our crude oil trading business and electronics trading business so that we can work towards enablingthe application of our Fintech Ecosystem and the operation of MEG as well.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 10-Q 2020 Q1