Exodus Movement, Inc. (EXOD) vs Telos Corporation (TLS)

Exodus Movement, Inc. and Telos Corporation are both Software Infrastructure companies. Telos Corporation is the larger, with a market value of $305.7M against $239.9M — 1.3× the size. Telos Corporation grew revenue faster over the last twelve months: 65.9% against −14.2%. Telos Corporation has the higher net margin (−8.13% vs −79.9%) and the lower return on invested capital (−25.4% vs 0.00%). Across the 18 metrics below, Telos Corporation leads on 11 and Exodus Movement, Inc. on 7.

Valuation

Metric EXOD TLS Software Infrastructure median
P/E n/m n/m 28.02
P/S 2.19 1.57 3.07
P/B 1.18 3.25 3.36
Price to free cash flow n/m 11.73 17.12
EV/EBITDA 0.92 28.35 14.91
EV/Sales (1.14) 1.34 3.03
Earnings yield (37.37%) (5.19%) 0.13%
Free cash flow yield (27.96%) 8.53% 1.15%

Profitability

Metric EXOD TLS Software Infrastructure median
Gross margin 100.00% 36.64% 61.23%
Operating margin (127.80%) (9.92%) 0.00%
Net margin (79.94%) (8.13%) 0.00%
Free cash flow margin (61.14%) 13.35% 1.67%
Return on equity (36.35%) (14.86%) 0.59%
Return on assets (19.09%) (10.33%) 0.00%
Return on invested capital 0.00% (25.38%) 0.00%

Growth

Metric EXOD TLS Software Infrastructure median
Revenue growth (TTM) (14.22%) 65.93% 13.41%
EPS growth (last fiscal year) (111.08%) 31.51% —
Revenue growth, 5-year CAGR — (1.74%) 15.81%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric EXOD TLS Software Infrastructure median
Debt to equity 0.00 0.05 0.06
Current ratio 1.06 2.38 1.55
Net debt to EBITDA 0.25 3.54 0.08

Dividend

Metric EXOD TLS Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio — 0.00 0.00

Size

Metric EXOD TLS Software Infrastructure median
Market cap 239.85m 305.67m 835.96m

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