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Ideanomics (Ideanomics) Net Margin % : -9,474.74% (As of Sep. 2023)


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What is Ideanomics Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ideanomics's Net Income for the three months ended in Sep. 2023 was $-63.0 Mil. Ideanomics's Revenue for the three months ended in Sep. 2023 was $0.7 Mil. Therefore, Ideanomics's net margin for the quarter that ended in Sep. 2023 was -9,474.74%.

The historical rank and industry rank for Ideanomics's Net Margin % or its related term are showing as below:

IDEX' s Net Margin % Range Over the Past 10 Years
Min: -2211   Med: -221.8   Max: -7.26
Current: -335.12


IDEX's Net Margin % is ranked worse than
96.63% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 5.025 vs IDEX: -335.12

Ideanomics Net Margin % Historical Data

The historical data trend for Ideanomics's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ideanomics Net Margin % Chart

Ideanomics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.26 -219.18 -377.74 -224.41 -258.27

Ideanomics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -455.10 -191.48 -798.31 -433.79 -9,474.74

Competitive Comparison of Ideanomics's Net Margin %

For the Farm & Heavy Construction Machinery subindustry, Ideanomics's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ideanomics's Net Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ideanomics's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ideanomics's Net Margin % falls into.



Ideanomics Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ideanomics's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-260.692/100.936
=-258.27 %

Ideanomics's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-63.007/0.665
=-9,474.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ideanomics  (NAS:IDEX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ideanomics Net Margin % Related Terms

Thank you for viewing the detailed overview of Ideanomics's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ideanomics (Ideanomics) Business Description

Traded in Other Exchanges
Address
1441 Broadway, Suite 5116, New York, NY, USA, 10018
Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility's focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy's focus is charging and energy-related products and services, and Ideanomics Capital's focus is providing financing support for the Company's Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.
Executives
Alfred Poor director, officer: Chief Executive Officer 55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Stephen Eric Johnston officer: Chief Financial Officer 4950 SUSANS WAY, BLOOMFIELD HILLS MI 48302
Shane Mcmahon director, 10 percent owner, officer: Chief Executive Officer 1241 EST MAIN STREET, STAMFORD CT 06902
John Wallace director 55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Bruno Zheng Wu director, 10 percent owner, officer: Chief Executive Officer EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Sean Wang director C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Xiuping Wang officer: Chief Financial Officer C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Randy Huang officer: Chief Technical Officer C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Yi Xu officer: Chief Operating Officer C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Bing Yang director, officer: CEO and Director 375 GREENWICH ST., SUITE 516, NEW YORK NY 10013
Mingcheng Tao director, officer: Chief Executive Officer 3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Polly Wang director EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Jian Ren Fan director 305-36 ROOM, 3RD FLOOR, D BUILDING, TIANJIN ECONOMIC-TECHNOLOGICAL DVLP AREA, TIANJIN CITY F4 300280
Sun Seven Stars Hong Kong Cultural Development Ltd 10 percent owner EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423
Shanghai Sun Seven Stars Cultural Development Ltd 10 percent owner EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423