Ideanomics Inc reported drop in Revenue in the fourth quarter 2023 by -77.64% to $ 3.82 millions, from the same quarter in 2022. Despite modest results in the fourth quarter 2023, contraction in Ideanomics Inc 's Revenue appears to be smaller than Company's recent average decline.
Looking into fourth quarter 2023 results within EV, Auto & Truck Manufacturers industry 10 other companies have achieved higher Revenue growth. While Ideanomics Inc ' s Revenue meltdown of -77.64% ranks overall at the positon no. 2393 in the fourth quarter 2023.
Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023
Ideanomics Inc 's Q/Q Revenue Growth
Revenue Q/Q Growth Statistics
High
Average
Low
8164.59 %
254.07 %
-100 %
(Sep 30 2020)
IDEX's IV. Quarter Q/Q Revenue Comment
Ideanomics inc achieved in the IV. Quarter 2023 above company average sequential Revenue doubling of 593.82%, to $ 3.82 millions, from $0.55 millions in the third quarter. IDEX is undergoing a remarkable growth, with claiming higher then normal increase, and additionally increasing rate.
Within EV, Auto & Truck Manufacturers industry Ideanomics inc achieved highest sequential Revenue growth. While Ideanomics Inc 's Revenue growth quarter on quarter, overall rank is 62.
Ideanomics inc achieved in the IV. Quarter 2023 above company average sequential Revenue doubling of 593.82%, to $ 3.82 millions, from $0.55 millions in the third quarter. IDEX is undergoing a remarkable growth, with claiming higher then normal increase, and additionally increasing rate.
Within EV, Auto & Truck Manufacturers industry Ideanomics inc achieved highest sequential Revenue growth. While Ideanomics Inc 's Revenue growth quarter on quarter, overall rank is 62.
Ideanomics Inc 's 12 Months Revenue Growth Year on Year
Revenue TTM Growth
12 Months Ending (Dec 31 2023)
12 Months Ending (Sep 30 2023)
12 Months Ending (Jun 30 2023)
12 Months Ending (Mar 31 2023)
12 Months Ending (Dec 31 2022)
Cumulative Revenue 12 Months Ending
$ 22.48
$ 35.73
$ 58.53
$ 84.33
$ 98.92
Y / Y Revenue Growth (TTM)
-77.27 %
-66.94 %
-47.65 %
-22.75 %
-13.29 %
Year on Year Revenue Growth Overall
Ranking
# 2636
# 289
# 122
# 0
# 11
Seqeuential Revenue Change (TTM)
-37.08 %
-38.95 %
-30.6 %
-14.75 %
-8.5 %
Seq. Revenue Growth (TTM) Overall
Ranking
# 2393
# 2333
# 2556
# 0
# 1949
Cumulative Revenue growth Comment
Ideanomics Inc 's cumulative 12 months Revenue continue to drop, but on the faster rate at -77.27% year on year, at Dec 31 2023 compare to the -66.94% decrease at Sep 30 2023. If the Ideanomics Inc 's fiscal year would end at Dec 31 2023, annual Revenue would be $22 millions.
In the Consumer Discretionary sector 105 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 289 to 2636.
Ideanomics Inc 's cumulative 12 months Revenue continue to drop, but on the faster rate at -77.27% year on year, at Dec 31 2023 compare to the -66.94% decrease at Sep 30 2023. If the Ideanomics Inc 's fiscal year would end at Dec 31 2023, annual Revenue would be $22 millions.
In the Consumer Discretionary sector 105 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 289 to 2636.
About Ideanomics Inc Revenue Growth Rates (IDEX), Current and Historic Growth - CSIMarket Analysis
How we calculate this
This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years).
Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.
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