Exodus Movement, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
June 08, 2023 at 03:22 pm EDT
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Exodus Movement, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 13.35 million compared to USD 15.38 million a year ago. Net income was USD 0.773 million compared to net loss of USD 3.43 million a year ago.
Exodus Movement, Inc. and its wholly owned subsidiaries is a technology company. The Company has developed the Exodus Platform, an unhosted and self-custodial cryptocurrency software wallet for multiple types of digital assets. The Company has created a self-custodial digital asset wallet and partnered with third parties to provide various services that utilize its wallet through its digital asset platform. It provides a range of services from digital asset to digital asset swaps, and the ability to earn rewards on staked crypto assets. The Company operates in the blockchain, and digital asset industry and users of its products range from people completely unfamiliar to quite familiar with this technology. The Exodus Platform can be downloaded from the exodus.io Website, the iOS app store, the Google Play store, and the Chrome Web Store. Its products include Web3 Wallet, Mobile Wallet, Desktop Wallet, Trezor Hardware Wallet, and Exodus Crypto Apps.
EXODUS MOVEMENT, INC. 
