IDEANOMICS, INC.
Consumer Discretionary · Motor Vehicles & Passenger Car Bodies · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $15.5M | $19.0M | $114.1M | $26.8M | $44.6M | $377.7M |
| Operating income | −$217.5M | −$212.6M | −$259.6M | −$95.6M | −$68.6M | −$26.2M |
| Net income | −$223.8M | −$260.7M | −$256.0M | −$101.3M | −$98.5M | −$27.4M |
| Total assets | $116.9M | $246.8M | $473.4M | $233.9M | $126.9M | $94.2M |
| Total liabilities | $137.2M | $100.2M | $106.8M | $37.7M | $66.9M | $49.8M |
| Equity | −$22.1M | $132.2M | $363.0M | $183.7M | $33.6M | $44.2M |
| EPS (diluted) | $-23.53 | $-68.79 | $-0.57 | $-0.47 | $-0.82 | $0.35 |
| Shares out. | 787.0M | 491.8M | 419.3M | 162.0M | 134.1M | 68.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- −1406.6%
- Net margin
- −1447.9%
- Return on equity
- 1012.2%
- Return on assets
- −191.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 117.3%
- Debt / equity
- —
- Book value / share
- $-0.03
- Revenue growth (YoY)
- −18.7%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- -47.86distress
- Accruals / assets
- −146.4%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Q/Amissed a reporting deadline ↗May 16, 2024
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2023
- NT 10-Qmissed a reporting deadline ↗Aug 10, 2023
- NT 10-Qmissed a reporting deadline ↗May 10, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Hayward Andrea MariaDirector | Feb 7, 2024 | Buy | 2,000 | $0.95 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Modified shareholder rights · Director / officer changeMar 13, 2025
- Changed auditorJan 23, 2025
- Entered a material agreement · New financial obligation · Regulation FD disclosureDec 6, 2024
- Delisting / listing-standard noticeJul 10, 2024
- Entered a material agreementJul 9, 2024
- Entered a material agreement · Director / officer changeJun 17, 2024
- Regulation FD disclosureApr 9, 2024
- Entered a material agreementMar 15, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.