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Ideanomics

Nasdaq:IDEX
Snowflake Description

Slightly overvalued with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IDEX
Nasdaq
$95M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Ideanomics, Inc. operates as a financial technology and asset digitization services company. The last earnings update was 4 days ago. More info.


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  • Ideanomics has significant price volatility in the past 3 months.
IDEX Share Price and Events
7 Day Returns
-35.4%
NasdaqCM:IDEX
2.5%
US Software
0.7%
US Market
1 Year Returns
-59.6%
NasdaqCM:IDEX
29.9%
US Software
12.9%
US Market
IDEX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ideanomics (IDEX) -35.4% -45.8% -57.5% -59.6% -45.8% -66.8%
US Software 2.5% 8.7% 5.7% 29.9% 116.8% 154.6%
US Market 0.7% 4.4% 7% 12.9% 39.5% 44.7%
1 Year Return vs Industry and Market
  • IDEX underperformed the Software industry which returned 29.9% over the past year.
  • IDEX underperformed the Market in United States of America which returned 12.9% over the past year.
Price Volatility
IDEX
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Ideanomics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ideanomics. This is due to cash flow or dividend data being unavailable. The share price is $0.7102.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ideanomics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ideanomics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:IDEX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.03
NasdaqCM:IDEX Share Price ** NasdaqCM (2019-11-15) in USD $0.71
United States of America Software Industry PE Ratio Median Figure of 71 Publicly-Listed Software Companies 44.43x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ideanomics.

NasdaqCM:IDEX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:IDEX Share Price ÷ EPS (both in USD)

= 0.71 ÷ 0.03

23.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ideanomics is good value based on earnings compared to the US Software industry average.
  • Ideanomics is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Ideanomics's expected growth come at a high price?
Raw Data
NasdaqCM:IDEX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Software Industry PEG Ratio Median Figure of 59 Publicly-Listed Software Companies 2.58x
United States of America Market PEG Ratio Median Figure of 2,031 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ideanomics, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ideanomics's assets?
Raw Data
NasdaqCM:IDEX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.87
NasdaqCM:IDEX Share Price * NasdaqCM (2019-11-15) in USD $0.71
United States of America Software Industry PB Ratio Median Figure of 214 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,081 Publicly-Listed Companies 1.74x
NasdaqCM:IDEX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:IDEX Share Price ÷ Book Value per Share (both in USD)

= 0.71 ÷ 0.87

0.81x

* Primary Listing of Ideanomics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ideanomics is good value based on assets compared to the US Software industry average.
X
Value checks
We assess Ideanomics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Ideanomics has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Ideanomics expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ideanomics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.8%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ideanomics expected to grow at an attractive rate?
  • Unable to compare Ideanomics's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ideanomics's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Ideanomics's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:IDEX Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 14.8%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 11.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:IDEX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:IDEX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 60 -11 3
2019-06-30 100 -15 10
2019-03-31 219 -22 -4
2018-12-31 378 -20 -27
2018-09-30 400 -22 -25
2018-06-30 387 -20 -21
2018-03-31 297 -10 -16
2017-12-31 144 -10 -11
2017-09-30 138 -8 -25
2017-06-30 109 -7 -24
2017-03-31 67 -11 -22
2016-12-31 35 -9 -26

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ideanomics is high growth as no earnings estimate data is available.
  • Unable to determine if Ideanomics is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:IDEX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ideanomics Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:IDEX Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.03
2019-06-30 0.10
2019-03-31 -0.04
2018-12-31 -0.35
2018-09-30 -0.36
2018-06-30 -0.31
2018-03-31 -0.25
2017-12-31 -0.17
2017-09-30 -0.44
2017-06-30 -0.47
2017-03-31 -0.50
2016-12-31 -0.73

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ideanomics will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of IDEX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Ideanomics's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. Ideanomics's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ideanomics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ideanomics has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Ideanomics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ideanomics's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ideanomics's year on year earnings growth rate has been positive over the past 5 years.
  • Ideanomics has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Ideanomics has become profitable in the last year making it difficult to compare the US Software industry average.
Earnings and Revenue History
Ideanomics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ideanomics Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:IDEX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 59.62 3.31 28.60 0.26
2019-06-30 100.22 9.83 26.54 0.93
2019-03-31 218.75 -3.78 28.32 1.61
2018-12-31 377.74 -27.43 27.22 1.65
2018-09-30 400.26 -25.03 26.56 1.40
2018-06-30 386.78 -20.87 24.83 1.13
2018-03-31 297.12 -16.44 19.25 0.45
2017-12-31 144.35 -10.50 16.33 0.41
2017-09-30 137.53 -25.33 14.95 0.40
2017-06-30 108.93 -24.35 13.07
2017-03-31 67.08 -22.06 11.30
2016-12-31 35.19 -26.41 12.30
2016-09-30 6.00 -7.67 9.69
2016-06-30 4.85 -7.71 9.02
2016-03-31 4.85 -7.44 8.75
2015-12-31 4.61 -8.10 8.95
2015-09-30 3.98 -8.65 8.49
2015-06-30 4.15 -8.51 8.49
2015-03-31 2.85 -7.99 9.02
2014-12-31 1.96 -28.81 8.11
2014-09-30 1.13 -30.07 8.13
2014-06-30 0.58 -31.57 7.96
2014-03-31 0.45 -33.95 7.91
2013-12-31 0.31 -13.45 8.31
2013-09-30 0.15 -12.13 8.86
2013-06-30 0.06 -11.83 9.52
2013-03-31 0.94 -11.98 10.15
2012-12-31 1.70 -12.51 10.74

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Ideanomics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ideanomics used its assets less efficiently than the US Software industry average last year based on Return on Assets.
  • Ideanomics has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Ideanomics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ideanomics has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Ideanomics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ideanomics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ideanomics's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ideanomics's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Ideanomics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ideanomics Company Filings, last reported 1 month ago.

NasdaqCM:IDEX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 117.50 22.48 1.69
2019-06-30 88.22 19.04 1.06
2019-03-31 73.96 17.35 2.01
2018-12-31 44.47 16.11 3.11
2018-09-30 44.62 13.81 16.03
2018-06-30 36.04 3.00 1.78
2018-03-31 27.85 3.00 3.85
2017-12-31 31.02 3.43 7.21
2017-09-30 23.79 3.00 1.68
2017-06-30 25.92 3.00 3.16
2017-03-31 34.97 5.17 1.05
2016-12-31 31.73 3.00 3.76
2016-09-30 39.05 3.00 2.84
2016-06-30 33.14 3.00 2.40
2016-03-31 17.01 20.59 12.04
2015-12-31 9.55 3.00 3.77
2015-09-30 10.99 3.00 4.36
2015-06-30 13.34 3.00 6.87
2015-03-31 14.57 3.00 8.40
2014-12-31 17.24 3.00 10.81
2014-09-30 18.30 3.00 13.05
2014-06-30 19.20 3.00 15.67
2014-03-31 18.86 3.00 17.95
2013-12-31 4.95 5.00 3.82
2013-09-30 8.26 3.00 1.22
2013-06-30 3.44 3.00 0.29
2013-03-31 6.03 3.00 2.11
2012-12-31 9.33 3.00 3.28
  • Ideanomics's level of debt (19.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (16.4% vs 19.1% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).
X
Financial health checks
We assess Ideanomics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ideanomics has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Ideanomics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ideanomics dividends.
If you bought $2,000 of Ideanomics shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ideanomics's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ideanomics's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:IDEX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1955 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ideanomics has not reported any payouts.
  • Unable to verify if Ideanomics's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ideanomics's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ideanomics has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ideanomics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ideanomics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ideanomics has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Ideanomics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alf Poor
COMPENSATION $83,333
AGE 49
TENURE AS CEO 0.8 years
CEO Bio

Mr. Alfred P. Poor, also known as Alf, has been Chief Executive Officer and Director at Ideanomics, Inc. since February 20, 2019. Mr. Poor has been Chief Operating Officer of Ideanomics, Inc. since September 2018 and is its President since November 2018. Mr. Poor has rich experience in start-ups, guiding them through periods of ultra-high growth through to acquisition or merger. As well as a strong background in operations, he has hands-on experience in helping start-ups gain industry compliance and certifications in some of the world's most highly-regulated areas, including Healthcare, Financial Services and Government. He has been focused on key operational areas, including the acquisition of the former UConn campus in West Hartford, Connecticut and assume oversight as divisional President of the "fintech village" as that project develops. Mr. Poor is a former Chief Operating Officer at Global Data Sentinel, a cybersecurity company that specializes in identity management, file access control, protected sharing, reporting and tracking, AI and thread response, and backup and recovery. He is the former President and Chief Operating Officer of Agendize Services Inc., a company with an integrated suite of applications that help businesses generate higher quality leads, improve business efficiency and customer engagement. Mr. Poor is a client-focused and profitability-driven management executive with a track record of success at both rapidly-growing technology companies and large, multi-national, organizations.

CEO Compensation
  • Insufficient data for Alf to compare compensation growth.
  • Alf's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Ideanomics management team in years:

0.9
Average Tenure
49
Average Age
  • The average tenure for the Ideanomics management team is less than 2 years, this suggests a new team.
Management Team

Bruno Wu

TITLE
Executive Chairman
AGE
53

Alf Poor

TITLE
President
COMPENSATION
$83K
AGE
49
TENURE
0.8 yrs

Shane B. McMahon

TITLE
Founder & Vice Chairman
AGE
49

Kang Zhao

TITLE
Head of Financing and Battery Operations -Mobile Energy Group
COMPENSATION
$156K
AGE
35
TENURE
0.2 yrs

Conor McCarthy

TITLE
CFO & Principal Accounting Officer
TENURE
0.2 yrs

Jason Finkelstein

TITLE
Vice President of Investor Relations

Tony Sklar

TITLE
Vice President of Communications

Drew Colvin

TITLE
Vice President of Corporate Development
TENURE
1.2 yrs

Lam Kate

TITLE
Managing Director of Digital Capital Markets
TENURE
1.2 yrs

Carla Zhou

TITLE
Chief Revenue Officer
AGE
45
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Ideanomics board of directors in years:

0.8
Average Tenure
61
Average Age
  • The average tenure for the Ideanomics board of directors is less than 3 years, this suggests a new board.
Board of Directors

Alf Poor

TITLE
President
COMPENSATION
$83K
AGE
49
TENURE
0.8 yrs

Shane B. McMahon

TITLE
Founder & Vice Chairman
AGE
49
TENURE
3.8 yrs

Jim Cassano

TITLE
Independent Director
COMPENSATION
$203K
AGE
72
TENURE
11.8 yrs

Bruno Wu

TITLE
Executive Chairman
AGE
53
TENURE
0.7 yrs

Chao Yang

TITLE
Independent Director
COMPENSATION
$156K
AGE
69
TENURE
1.3 yrs

Jerry Fan

TITLE
Independent Director
COMPENSATION
$203K
AGE
53
TENURE
3.8 yrs

John Wallace

TITLE
Director
AGE
69
TENURE
0.3 yrs

Steve Fadem

TITLE
Independent Director
TENURE
0.3 yrs

Harry Edelson

TITLE
Independent Director
AGE
85
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Ideanomics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ideanomics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

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How Good Is Ideanomics, Inc. (NASDAQ:IDEX), When It Comes To ROE?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Ideanomics: 10% = US$9.8m ÷ US$88m (Based on the trailing twelve months to June 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does Ideanomics Have A Good Return On Equity? … Combining Ideanomics's Debt And Its 10% Return On Equity Although Ideanomics does use debt, its debt to equity ratio of 0.22 is still low.

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Investors Who Bought Ideanomics (NASDAQ:IDEX) Shares Five Years Ago Are Now Down 18%

View our latest analysis for Ideanomics Ideanomics isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Over five years, Ideanomics grew its revenue at 74% per year. … So you might argue the Ideanomics should get more credit for its rather impressive revenue growth over the period.

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Is Ideanomics (NASDAQ:IDEX) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. … (NASDAQ:IDEX) does have debt on its balance sheet. … Either way, since Ideanomics does have more debt than cash, it's worth keeping an eye on its balance sheet.

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Do Directors Own Ideanomics, Inc. (NASDAQ:IDEX) Shares?

Insider Ownership Of Ideanomics The definition of company insiders can be subjective, and does vary between jurisdictions. … However, high insider ownership can also give immense power to a small group within the company. … Private Company Ownership We can see that Private Companies own 26%, of the shares on issue.

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What Percentage Of Ideanomics, Inc. (NASDAQ:IDEX) Shares Do Insiders Own?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Taking a look at the our data on the ownership groups (below), it's seems that. … institutional investors have bought into the company

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Ideanomics, Inc. (NASDAQ:IDEX): Time For A Financial Health Check

Investors are always looking for growth in small-cap stocks like Ideanomics, Inc. … However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes

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Company Info

Description

Ideanomics, Inc. operates as a financial technology and asset digitization services company. The company operates in two segments, Legacy YOD and Wecast Service. It engages in the provision of business consulting services related to traditional financings, as well as in developing digital asset securitization services through artificial intelligence and blockchain enabled financial services platforms. In addition, the company engages in consumer electronics e-commerce and smart supply chain management operations, as well as in oil trading business. Further, it provides premium content and integrated value-added service solutions for the delivery of video on demand and paid video programing to digital cable providers, Internet protocol television providers, over-the-top streaming providers, mobile manufacturers, and operators, as well as direct customers. The company was formerly known as Seven Stars Cloud Group, Inc. Ideanomics, Inc. was founded in 2004 and is headquartered in New York, New York.

Details
Name: Ideanomics, Inc.
IDEX
Exchange: NasdaqCM
Founded: 2004
$95,075,366
133,871,256
Website: http://www.ideanomics.com
Address: Ideanomics, Inc.
55 Broadway,
19th Floor,
New York,
New York, 10006,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM IDEX Common Stock Nasdaq Capital Market US USD 24. Jan 2007
Number of employees
Current staff
Staff numbers
50
Ideanomics employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/18 00:15
End of day share price update: 2019/11/15 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.