Exodus Movement, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 17, 2023 at 06:07 am EDT
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Exodus Movement, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 12.41 million compared to USD 12.96 million a year ago. Net income was USD 1.87 million compared to net loss of USD 14.91 million a year ago.
For the six months, sales was USD 25.75 million compared to USD 28.35 million a year ago. Net income was USD 2.64 million compared to net loss of USD 18.22 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. 
