Exodus Movement, Inc. (EXOD) vs Xunlei Limited (XNET)

Exodus Movement, Inc. and Xunlei Limited are both Software Infrastructure companies. Xunlei Limited is the larger, with a market value of $319.3M against $239.9M — 1.3× the size. Xunlei Limited grew revenue faster over the last twelve months: 73.8% against −14.2%. Xunlei Limited has the higher net margin (−13.7% vs −79.9%) and the higher return on invested capital (0.56% vs 0.00%). Across the 18 metrics below, Xunlei Limited leads on 14 and Exodus Movement, Inc. on 4.

Valuation

Metric EXOD XNET Software Infrastructure median
P/E n/m n/m 28.02
P/S 2.19 0.61 3.07
P/B 1.18 0.32 3.36
Price to free cash flow n/m 2.98 17.12
EV/EBITDA 0.92 14.45 14.91
EV/Sales (1.14) 0.19 3.03
Earnings yield (37.37%) (21.16%) 0.13%
Free cash flow yield (27.96%) 33.53% 1.15%

Profitability

Metric EXOD XNET Software Infrastructure median
Gross margin 100.00% 47.09% 61.23%
Operating margin (127.80%) 1.31% 0.00%
Net margin (79.94%) (13.68%) 0.00%
Free cash flow margin (61.14%) 0.00% 1.67%
Return on equity (36.35%) (7.06%) 0.59%
Return on assets (19.09%) (5.83%) 0.00%
Return on invested capital 0.00% 0.56% 0.00%

Growth

Metric EXOD XNET Software Infrastructure median
Revenue growth (TTM) (14.22%) 73.77% 13.41%
EPS growth (last fiscal year) (111.08%) 82,700.00% —
Revenue growth, 5-year CAGR — 19.83% 15.81%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric EXOD XNET Software Infrastructure median
Debt to equity 0.00 0.06 0.06
Current ratio 1.06 2.03 1.55
Net debt to EBITDA 0.25 (14.20) 0.08

Dividend

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

Size

Metric EXOD XNET Software Infrastructure median
Market cap 239.85m 319.34m 835.96m

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