Latest news with #ExodusMovement
Globe and Mail
4 days ago
- Business
- Globe and Mail
Exodus Movement, Inc. May 2025 Treasury Update and Monthly Metrics
OMAHA, Neb., June 10, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced an update to selected digital asset holdings of Exodus' corporate treasury, as well as updated user and exchange provider processed volume metrics, as of May 31, 2025: Selected Digital Asset Holdings (Unaudited) Bitcoin (BTC): 2,038 BTC as of May 31, 2025 Ethereum (ETH): 2,721 ETH as of May 31, 2025 Solana (SOL): 29,109 SOL as of May 31, 2025 Users Monthly Active Users (MAUs): 2.2 million as of May 31, 2025, of which approximately 675,000 are Passkeys Wallets. Swap Volume Exchange provider processed volume was $486M for the month of May 2025, of which $69M (14%) originated from our XO Swap partners. Exodus CEO, JP Richardson, commented: 'Our monthly active users benefited from a brief May promotion aimed at Passkeys Wallets that we do not expect to reoccur in June. However, this performance demonstrates the power of our Passkeys tech, enabling a scalable, hassle free, and under thirty second wallet onboarding experience ideal for stablecoin adoption. Additionally, we believe our sponsorship of the Las Vegas BTC 2025 conference further reinforced Exodus' market leadership in bringing crypto, including Bitcoin and stablecoins, to the wider public.' 'Our operations continue to generate Bitcoin,' Exodus CFO James Gernetzke remarked. 'In particular, incremental increases in our BTC units held demonstrate the real-world benefits of our operational philosophy. In addition, we plan to continue to drive shareholder value by executing upon our organic growth initiatives, pursuing potential strategic acquisitions, and expanding our digital assets treasury.' About Exodus Exodus is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions. Since 2015, Exodus has made digital assets accessible to everyone through its multi-asset crypto wallets prioritizing design and ease of use. With self-custodial wallets, Exodus puts customers in full control of their funds, enabling them to swap, buy, and sell crypto. Its business solutions include Passkeys Wallet and XO Swap, industry-leading tools for embedded crypto wallets and swap aggregation. Exodus is committed to driving the future of accessible and secure finance. Learn more at or follow us on X at Investor Contact investors@ Disclosure Information Exodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites and press releases; public videos, calls, and webcasts; and social media: X (@exodus and JP Richardson's feed @jprichardson), Facebook, LinkedIn, and YouTube. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: 'will,' 'expect,' 'would,' 'should,' 'intend,' 'believe,' 'expect,' 'likely,' 'believes,' 'views', 'estimates,' or other comparable terminology. Forward-looking statements in this document include, but are not limited to, management statements regarding management's confidence in our products, services, business trajectory and plans, expectations regarding demand for our products, and optionality around future securities offerings, including to finance acquisitions. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include those set forth in 'Item 1. Business' and 'Item 1A. Risk Factors' of Form 10-K filed with the Securities and Exchange Commission (the 'SEC') on March 6, 2025, as well as in our other reports filed with the SEC from time to time. All forward-looking statements are expressly qualified in their entirety by such cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we undertake no obligation to update or revise any forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.
Yahoo
13-05-2025
- Business
- Yahoo
Exodus Movement, Inc. (EXOD) Reports Q1 Loss, Misses Revenue Estimates
Exodus Movement, Inc. (EXOD) came out with a quarterly loss of $0.45 per share versus the Zacks Consensus Estimate of $0.22. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -304.55%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.96, delivering a surprise of 860%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Exodus Movement, Inc. , which belongs to the Zacks Internet - Software industry, posted revenues of $36 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 10.01%. This compares to year-ago revenues of $29.06 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Exodus Movement, Inc. Shares have added about 63.4% since the beginning of the year versus the S&P 500's decline of -3.8%. While Exodus Movement, Inc. Has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Exodus Movement, Inc. Mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.04 on $25 million in revenues for the coming quarter and $0.40 on $120 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, KANZHUN LIMITED Sponsored ADR (BZ), is yet to report results for the quarter ended March 2025. This company is expected to post quarterly earnings of $0.22 per share in its upcoming report, which represents a year-over-year change of +37.5%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. KANZHUN LIMITED Sponsored ADR's revenues are expected to be $264.74 million, up 12.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Exodus Movement, Inc. (EXOD) : Free Stock Analysis Report KANZHUN LIMITED Sponsored ADR (BZ) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
