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Jun 30, 2021
Ideanomics Q2 2021 Earnings Report
Announced second quarter 2021 operating results, demonstrating revenue growth and strategic acquisitions.
Key Takeaways
Ideanomics reported a revenue of $33.2 million for Q2 2021, marking the sixth consecutive quarter of growth. The quarter includes initial revenues from recent acquisitions, US Hybrid and Solectrac, and a gross profit of $9.3 million.
Revenue for the quarter was $33.2 million, marking the sixth consecutive quarter of growth.
First revenues from US Hybrid and Solectrac were included in this quarter's results.
Revenue from Electric Vehicles was $6.1 million, up from $0.7 million in Q2 2020.
Gross profit for the second quarter was $9.3 million, representing a Gross Margin of 28%.
Historical Earnings Impact
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