Exodus Movement, Inc.

EXOD Technology Software Infrastructure

Exodus Movement, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $121.6 million, up 4.54% from fiscal 2024.

Revenue
+1.55%
EPS
−148.4%
Free cash flow
−825.5%

Quarter to June 2026, against a year earlier

3.99 0.07 +1.79%
Market cap
$118.4M
P/E
0.0×
Fwd P/E
−2.1×
Dividend yield
—
F-score
2/9
Altman Z
14.51
Beneish M
−2.61
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 0.33
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — 1 1 1 1 6 2 2 1
Insider Ownership 87.40%

Capital & Financial Ratios $m

Size
Market Cap 118.40
Revenue ttm 108.70
Net income ttm (86.90)
Free cash flow ttm (66.46)
Net debt Q (361.81)
Valuation
P/E 0.00
Forward P/E (2.11) (negative: loss-making)
Price / sales 1.10
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.60
Financial health
Current ratio Q 1.06
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (175.47)
Growth
Revenue growth Q +1.55% (above 0%: growing)
Operating income growth Q −202.27% (below 0%: shrinking)
EPS, this year −526.07% (below 0%: weak)
EPS, next year A +75.75% (at or above 15%: strong)
Revenue, next year A −9.09% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A −25.77% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 55 68 5 362
Receivables 3 12 9 12
Inventory — — — —
Other 0 0 2 12
60 83 99 397
2023 2024 2025 Q'26
Payables 1 1 1 7
ST’ Debt — — — —
Other 6 4 4 341
8 8 7 375

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (1.08) (0.62) — — —
’25 (0.45) 1.12 0.53 (1.84) (0.39)
’24 1.75 (0.37) 0.03 2.08 3.52
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 23 26 — — —
’25 36 26 30 29 122
’24 29 22 20 45 116
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (50) — — —
’25 (6) (5) (5) (9) (26)
’24 0 (2) (5) (5) (12)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (50) — — —
’25 (6) (5) (5) (9) (27)
’24 0 (2) (5) (5) (13)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — 56 116 122 109 +47.1% 111 149 208 +19.6%
Gross margin, % — — — — — — — 100.00 100.00 100.00 100.00 0.0 pt
EBT — — — — — — — 11 131 (21) (109) n/m
EBT margin, % — — — — — — — 19.37 112.54 (16.99) (100.20) (36.4) pt
Net income — — — — — — — 13 113 (11) (87) n/m
Per share, $
Per share, $ Revenue — — — — — — — 2.19 4.42 4.19 3.62 +38.5%
Earnings — — — — — — — 0.49 4.30 (0.39) (2.96) n/m
Cash flow — — — — — — — 0.03 (0.46) (0.88) (2.21) n/m
Capex — — — — — — — 0.00 (0.02) (0.07) (0.01) +403.8%
Free cash flow — — — — — — — 0.02 (0.48) (0.95) (2.21) n/m
Book value — — — — — — — 4.04 9.79 8.53 6.70 +45.4%
Shares, m — — — — — — — 26 26 29 29 +6.2%
Valuation, ×
Valuation, × P/E — — — — — — — 4.62 7.12 0.00 0.00 3.9
P/S — — — — — — — 1.05 6.94 3.53 1.10 3.8
P/B — — — — — — — 0.57 3.13 1.73 0.60 1.8
EV/Sales — — — — — — — 0.07 6.35 3.49 (2.23) 3.3
EV/FCF — — — — — — — 6.53 (59.96) (16.41) 3.64 (23.3)
Cash, $m
Cash, $m Operating cash flow — — — — — — — 1 (12) (26) (66) n/m
Capex — — — — — — — 0 0 (2) 0 +434.6%
Free cash flow — — — — — — — 1 (13) (27) (66) n/m
Balance, $m
Balance, $m Working capital — — — — — — — 52 74 92 22 +32.7%
Net debt — — — — — — — (55) (68) (5) (362) (69.4%)
Shareholders’ equity — — — — — — — 104 258 247 201 +54.4%
Returns, %
Returns, % ROA — — — — — — — 0.00 56.52 (4.09) (19.09) (4.1) pt
ROIC — — — — — — — 10.76 41.80 (6.38) 0.00 (17.1) pt
ROE — — — — — — — 0.00 62.53 (4.50) (36.35) (4.5) pt
People
People Employees — — — — — — — — 210 215 — +2.4%
Revenue/emp, $m — — — — — — — 0.00 0.55 0.57 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Exodus Movement, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SKYA SkyAI, Inc. $148.5M — (loss-making) — — n/m +106.15% (above 0%: growing) 0.00% 0.00% Compare
PDYN Palladyne AI Corp. $133.5M — (loss-making) — (loss-making) +469.75% (above 0%: growing) n/m −106.98% (below 0%: shrinking) 29.07% (231.94%) Compare
TCX Tucows Inc. $133.3M — (loss-making) — (loss-making) +1.44% (above 0%: growing) n/m −282.15% (below 0%: shrinking) 29.13% 0.30% Compare
ZENA ZenaTech, Inc. $131.5M — (loss-making) — (loss-making) — n/m −159.28% (below 0%: shrinking) 100.00% (234.70%) Compare
EXOD Exodus Movement, Inc. $118.4M — (loss-making) — (loss-making) +1.55% (above 0%: growing) n/m −825.45% (below 0%: shrinking) 100.00% (174.61%)
SWMR Swarmer, Inc $113.6M — (loss-making) — (loss-making) — n/m −939.03% (below 0%: shrinking) 84.84% (3,363.96%) Compare
TP Ticketplus Ltd. $106.4M 18.1× — — — −180.30% (below 0%: shrinking) 48.96% 21.92% Compare
XLAB Exascale Labs Holdings Inc. $105.5M — — — — — — — Compare
AIIO Robo.ai Inc. - Class B $94.5M — (loss-making) — — n/m −2,566.99% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $122.6M — — — — −180.30% 29.13% 0.00%

All 183 Software Infrastructure stocks →

Pay and ownership Proxy statement filed 17 March 2026

Ownership

Directors and executive officers, together 94.00% of the votes
Daniel Castagnoli 46.90% of the votes
Jon Paul Richardson 46.20% of the votes
Erik Voorhees 1.90% of the votes
FTX Recovery Trust less than 1% of the votes
Bnk to the Future Exodus SP, a Segregated portfolio of Bnk To The Future Capital SPC less than 1% of the votes
Veselin Veselinov less than 1% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Exodus Movement, Inc. (EXOD) Latest News

11 Aug

Impact 3 · · Moby transcript
Impact 3 · · MarketBeat transcript

20 Jul

12 Jun

28 May

Impact 3 · · cryptoprowl.com

15 May

Impact 3 · · MarketBeat transcript

12 May

Impact 4 · · cryptoprowl.com
Impact 3 · · Moby transcript

8 May

Impact 4 · · cryptoprowl.com

16 Apr

10 Apr

11 Mar

Impact 4 · · MarketBeat

22 Dec

stockrow.com/EXOD · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com