$IDEX - Ideanomics DD Thread 🔥
Produced by - @MrMikeInvesting
Company Overview
• Ideanomics is a financial technology company and EV company that was founded in 2004 by Shane McMahon
• The Headquarters is located in New York City
• And have offices in Beijing, Guangzhou, and Qingdao, China
• The current CEO is Alf Poor
Page 1
Institutional Owners
• 103 total
• Many major companies are invested such as Morgan Stanley, Goldman, Wells Fargo, JP Morgan and many more!
• Shares Outstanding-425,900,124
• Institutional Shares-21,154,278 4.97%
• Institutional Value - $91,090
fintel.io/so/us/idex
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Financial Highlights
• In Q1 2021 Ideanomics made $32.7M
• And they had a GROSS profit of $10.8M which is a margin of 33.1%
• They also ended the quarter with $356M in Cash
• Ideanomics also has a constant growth over the past 5 quarters
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Ideanomics Company Portfolio
DBOT - 98.4%
Intelligenta - 100%
Liquefy - 10%
Logistorm - 10%
Hoobe - 20%
Solectrac - 100%
Timios - 100%
Wave - 100%
US Hybrid - 100%
Tree Manufacturing- 11.2%
TM2 - 10%
MEG - 80%
EnergicaMotors - 20%
Silk EV - $15M
marketwatch.com/press-release/…
Page 4
Merger with Soletrac
• On June 11 2021 Ideanomics announced a plan that they will merge with Soletrac
• Soletrac makes zero-emission electric tractors
• Soletrac states they are trying to become the “Tesla of Tractors”
sec.report/Document/00011…
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Ideanomics is shaping the future of e-mobility
• Ideanomics is an ecosystem of synergistic businesses.
• They Target 3 key pillars of EV: Vehicles, Charging and, Energy.
Price Targets
• Roth Capital Gives Ideanomics a Buy Rating, PT of $7
besthotstocks.com/roth-capital-i…
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Ideanomics 2 Business Segments
• Ideanomics Mobility- A turnkey solution that provides economic and operational confidence for electrification.
• The global EV market opportunity is expected to grow to $132.73 billion at a CAGR of 39.9% through 2022
Page 7
• Ideanomics Capital - Focused on fintech and its disruptive impact across financial services, from financial markets to mortgages where home sales are forecasted to grow 21.9% in 2021 6.9M homes
• Ideanomics Mobility includes Timios, DBOT, TM2, and Liquefy
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Companies in Ideanomics pipeline brief overview
• US Hybrid - Hydrogen Fuel Cells
• Solectrac - Electric Tractors
• Medici - Heavy Duty Trucks & Buses
• WAVE - EV Charging
• Engergica- Electric Motorcycles
• SilkEV- Electric luxury vehicles
• Timios- real estate
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I would like to now conclude this DD Thread on Ideanomics
Price Targets 🎯
Short Term ($6-$13)
Long Term ($17-$30)
@PJ_Matlock
@yatesinvesting
@Mitch___Picks
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