Exodus Movement (EXOD) financial statements
Exodus Movement reported revenue of $122M in fiscal 2025, up 47.1% a year over 2 years.
Net income was -$11M.
Free cash flow was -$26M, and the company returned $15M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Exodus Movement's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | $56M | $116M | $122M |
| Selling, general and admin | $19M | $40M | $66M |
| Interest expense | — | $0 | $570,000 |
| Pre-tax income | $11M | $131M | -$21M |
| Income tax | -$2M | $18M | -$9M |
| Net income | $13M | $113M | -$11M |
| Net margin | 22.8% | 97.1% | -9.3% |
Balance sheet
Fiscal years, from Exodus Movement's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Cash and short-term investments | $11M | $38M | $5M |
| Receivables | $3M | $8M | $5M |
| Total current assets | $60M | $83M | $99M |
| Property, plant and equipment | $317,000 | $357,000 | $458,000 |
| Goodwill | — | — | $0 |
| Total assets | $112M | $288M | $267M |
| Total current liabilities | $8M | $8M | $7M |
| Total liabilities | $8M | $30M | $19M |
| Shareholders' equity | $104M | $258M | $247M |
| Net debt | -$11M | -$38M | -$5M |
Cash flow
Fiscal years, from Exodus Movement's 10-K filings with the SEC.
| Fiscal year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating cash flow | $692,000 | -$12M | -$26M |
| Capital spending | $67,000 | $273,000 | $267,000 |
| Free cash flow | $625,000 | -$12M | -$26M |
| Stock-based compensation | $6M | $7M | $14M |
| Share buybacks (net) | -$715,000 | -$5M | -$15M |
| Free cash flow margin | 1.1% | -10.6% | -21.2% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for EXOD.
Open EXOD in InvestinglyQuestions
What was Exodus Movement's revenue in 2025?
$122M in fiscal 2025, from its 10-K filing.
How much free cash flow does Exodus Movement generate?
-$26M in fiscal 2025 (operating cash flow minus capital spending).
From Exodus Movement's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.