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Exodus Movement (Exodus Movement) ROA % : 97.22% (As of Mar. 2024)


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What is Exodus Movement ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Exodus Movement's annualized Net Income for the quarter that ended in Mar. 2024 was $219.15 Mil. Exodus Movement's average Total Assets over the quarter that ended in Mar. 2024 was $225.42 Mil. Therefore, Exodus Movement's annualized ROA % for the quarter that ended in Mar. 2024 was 97.22%.

The historical rank and industry rank for Exodus Movement's ROA % or its related term are showing as below:

EXOD' s ROA % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 24.3
Current: 24.3

During the past 0 years, Exodus Movement's highest ROA % was 24.30%. The lowest was 0.00%. And the median was 0.00%.

EXOD's ROA % is ranked better than
97.1% of 2823 companies
in the Software industry
Industry Median: 1.09 vs EXOD: 24.30

Exodus Movement ROA % Historical Data

The historical data trend for Exodus Movement's ROA % 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.

Exodus Movement ROA % Chart

Exodus Movement Annual Data
Trend
ROA %

Exodus Movement Quarterly Data
Mar23 Mar24
ROA % - 97.22

Competitive Comparison of Exodus Movement's ROA %

For the Software - Infrastructure subindustry, Exodus Movement's ROA %, along with its competitors' market caps and ROA % 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.


Exodus Movement's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, Exodus Movement's ROA % distribution charts can be found below:

* The bar in red indicates where Exodus Movement's ROA % falls into.



Exodus Movement ROA % Calculation

Exodus Movement's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Exodus Movement's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=219.148/( (0+225.418)/ 1 )
=219.148/225.418
=97.22 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2024) net income data. ROA % is displayed in the 30-year financial page.


Exodus Movement  (OTCPK:EXOD) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=219.148/225.418
=(Net Income / Revenue)*(Revenue / Total Assets)
=(219.148 / 116.24)*(116.24 / 225.418)
=Net Margin %*Asset Turnover
=188.53 %*0.5157
=97.22 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Exodus Movement ROA % Related Terms

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Exodus Movement (Exodus Movement) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
15418 Weir Street, Suite 333, Omaha, NE, USA, 68137
Exodus Movement Inc is a self-custodial platform that connects people with the world of decentralized finance and the power of the blockchain. Available for desktop and mobile, it allows users to secure, manage and exchange cryptocurrencies like Bitcoin, Ethereum. Geographical presence in Europe, United States, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America (Other Americas).

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