Replies to post #9648 on Ideanomics Inc (IDEX)

[TraderJoe2019]

I should have started everyone on the following financial statement from Ideonomics which tells a huge story of the cost of acquisitions but yet foretells profits to come in the next couple years perhaps.

https://investors.ideanomics.com/2021-03-31-Ideanomics-Inc-Reports-Full-Year-2020-Financial-Results

Their gross profit YOY is down a little this year over last but at the bottom of the balance sheet which is in thousands, is like 100K+ of liabilities which are eroding the net profits. Just something to keep in mind.

A lot of companies in the newer business spaces have this problem.

[BottomBounce]

$IDEX Ideanomics Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. Our Ideanomics Mobility division is a service provider which facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under our innovative sales to financing to charging (S2F2C) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, Ideanomics Mobility and Ideanomics Capital provide our global customers and partners with leading technologies and services designed to improve transparency, efficiency, and accountability, and our shareholders with the opportunity to participate in high-potential, growth industries.

[BottomBounce]

$IDEX Ideanomics Subsidiary Tree Technologies Says Signs Deal To Supply 200K E-Motorbikes To Indonesia