Nasdaq: IDEX- Ideanomics Inc.

Discussion in 'Penny Stocks' started by Auri, Mar 2, 2020.

  1. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  2. Auri

    Auri Well-Known Member

    Joined:
    Apr 16, 2016
    Messages:
    1,291
    Likes Received:
    37
    Ideanomics' Inductive charging solutions provider "WAVE" has sales traction for design simplicity and safety and eliminates range concerns. WAVE has deployed ~60 charging units to date, ranging from 50 kW to 250 kW. Pads are placed along bus or commercial vehicle's route, providing in-service charging while vehicles load and unload. Availability of WAVE charging on Medici vehicles likely lifts sales prospects for both parties. WAVE generated $7m in revenue in 2020, and we model growth to $85m in 2025.


    WAVE BUS Wireless.jpg

    Ideanomics Acquires Utah-based Wireless Charging Provider WAVE

    https://investors.ideanomics.com/20...re-Utah-based-Wireless-Charging-Provider-WAVE
     
  3. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0

    Attached Files:

  4. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  5. Auri

    Auri Well-Known Member

    Joined:
    Apr 16, 2016
    Messages:
    1,291
    Likes Received:
    37
  6. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  7. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  8. Auri

    Auri Well-Known Member

    Joined:
    Apr 16, 2016
    Messages:
    1,291
    Likes Received:
    37
  9. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  10. Auri

    Auri Well-Known Member

    Joined:
    Apr 16, 2016
    Messages:
    1,291
    Likes Received:
    37
  11. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  12. Auri

    Auri Well-Known Member

    Joined:
    Apr 16, 2016
    Messages:
    1,291
    Likes Received:
    37
  13. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  14. Auri

    Auri Well-Known Member

    Joined:
    Apr 16, 2016
    Messages:
    1,291
    Likes Received:
    37
    $IDEX - trades up premarket before today's Q1, the market is expecting 2021 Q1 to be better than 2020 Q1


    Q1.jpg
     
  15. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  16. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  17. Auri

    Auri Well-Known Member

    Joined:
    Apr 16, 2016
    Messages:
    1,291
    Likes Received:
    37
    Ideanomics will grow faster than its competitors.


    Ideanomics, Inc. (NASDAQ:IDEX) shareholders will have a reason to smile, with analysts making substantial upgrades to this year's forecasts. Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with the analyst modelling a real improvement in business performance. The market seems to be pricing in some improvement in the business too, with the stock up 9.7% over the past week. Could this big upgrade push the stock even higher?

    Following the upgrade, the current consensus from analysts is for revenues of US$129m in 2021 which - if met - would reflect a substantial 119% increase on its sales over the past 12 months. The loss per share is anticipated to greatly reduce in the near future, narrowing 84% to US$0.05. However, before this estimates update, the consensus had been expecting revenues of US$105m and US$0.11 per share in losses. We can see there's definitely been a change in sentiment in this update, with the analyst administering a sizeable upgrade to this year's revenue estimates, while at the same time reducing their loss estimates.

    Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. For example, we noticed that Ideanomics' rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 184% growth to the end of 2021 on an annualized basis. That is well above its historical decline of 2.6% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 13% annually and therefore Ideanomics will grow faster than its competitors.
     
  18. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  19. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0
  20. johnnyboy

    johnnyboy Member

    Joined:
    Jan 26, 2021
    Messages:
    132
    Likes Received:
    0

Share This Page