Exodus Movement, Inc. · AMEX:EXOD
Exodus Movement — Q4 2024 Earnings Presentation
21 slides from Exodus Movement's earnings presentation, 2025
Slide 1: Investor Presentation - Q4 and Full Year 2024
Movement, Inc. Investor Presentation - Q4 and Full Year 2024
Slide 2: Unaudited Q4 and FY 2024 results
Unaudited Q4 and FY 2024 results The preliminary estimated financial information contained in these supplementary slides reflects management's estimates based solely upon information available to it as of the date of these supplementary slides and is not a comprehensive statement of our financial re
Slide 3: Forward looking statements
Forward looking statements This presentation contains “forward-looking statements” as that term is defined by the federal securities laws. All forward-looking statements are based upon our current expectations and various assumptions and apply only as of the date made. Our expectations, beliefs, and
Slide 4: Exodus Mission
g3 Exodus Mission Empowering individuals to control their lives in a digital world
Slide 5: Exodus is a leading self-custodial, multichain digital wallet
Exodus is a leading self-custodial, multichain digital wallet that makes cryptocurrency, DeFi and NFTs easy to transact and secure for everyone eo Pr 2.3M 40+ © 210 Full-time equivalent team members Monthly Active Users blockchain networks (12/31/2024) supported £) Founded in 2015, headquartered in
Slide 6: Financial highlights
Financial highlights Operating model Scalable due to relatively fixed costs Durable in bear markets, growth in bull markets User acquisition Effective paid campaigns as well as word-of- mouth, social media, YouTube, and partner channels Balance sheet $265M assets and no debt as of December 31st, 202
Slide 7: Investment highlights
Investment highlights pto.com: "Crypto Market Sizing Report’, Jan 2025 com: Feb. 24, 2025 ck: *Mid-September 2024 Bitcoin ChainCneck’ Sep 2024
Slide 8: Benefits of decentralized finance and blockchain technology
Benefits of decentralized finance and blockchain technology Traditional finance Decentralized finance and blockchain - Managed by centralized banking - Blockchain technology systems provides open access » Governments can print money : Cryptocurrencies like bitcoin and drive inflation have finite sup
Slide 9: A wallet for all your digital asset needs
A wallet for all your digital asset needs Other digital wallets - Customers’ private keys are controlled by a third party, sometimes a centralized exchange, which come with risks of security breaches or even collapse - Do not individually cover all major chains, resulting in consumers needing multip
Slide 10: Crypto ecosystem
Crypto ecosystem Custodial Multichain Single Chain © ‘ate? Phantom Self-Custody BE Metomask B cecwum
Slide 11: The Exodus platform brings together API providers to compete
The Exodus platform brings together API providers to compete on pricing, liquidity and order fulfillment time Staking: Stake digital assets to earn rewards & everstake Exodus Exchange As tor! 4 . _ Fiat onboarding: Buy digital assets with fiat currency @ MoonPay <> Ramp a . Digital asset exchanging
Slide 12: Ledger partnership
- 7 _ LEDGER | Ledger, a major hardware wallet provider and crypto platform has partnered with Exodus to integrate XO Swap, our Exchange Aggregator infrastructure, into their platform. ' =D £3 Exodus ~200,071.8694080 ADA 200071.869408 200000501 Fiat onboarding and exchange services provided by third
Slide 13: Magic Eden partnership
00:54 PVEP macic EDEN a Our Magic Eden partnership enables their customers access to Crypto Collectibles $5,342.15 our fiat onboarding and exchange infrastructure.' © Receive q D History Custom-built for Magic Eden, our wallet provides a frictionless way for Web3 users to engage with their NFTs. Rec
Slide 14: Exodus Innovation: Passkeys Wallet
Exodus Innovation: Passkeys Wallet >¢ Passkeys Wallet 3h MyPasskey Self-custody meets truly frictionless onboarding! Passkeys is a powerful tool that allows developers to easily embed a digital wallet into their applications and take advantage of our fiat onboarding capabilities 4rSign in as well as
Slide 15: Visionary leadership
Visionary leadership
Slide 16: Corporate governance
Corporate governance Reviewed by independent registered Big Four public SEC reporting company accounting firm Board of Directors JP Richardson Daniel Castagnoli ‘Co-Founder and CEO ‘Co-Founder and president of 3Zero Audit Committee Margaret Knight (Financial Expert) Carol MacKinlay Tyler Skelton For
Slide 17: Revenue model
Revenue model Exodus users 2/3 of Exodus users are international Revenue Revenue is generated from third-party API providers; Exodus does not touch user funds Transaction fees International transaction fees and US subscriptions are paid by the API providers 2024 Revenue Breakout Exchange aggregation
Slide 18: Revenue and MAUs
Revenue and MAUs Revenue MAUs Revenue is primarily driven by user interactions with third-party API providers Monthly Active Users, in millions $44.8M $18.5M 42023 12024 @22024 32024 242024 42023 12024 22024 @32024 42024 MAUs are as of the last day of the quarter 1eot2
Slide 19: Bitcoin accumulation strategy
Bitcoin accumulation strategy Bitcoin in corporate treasury As of year end I BTC retained from operations 1,787 BTC 1,391 BTC ff BTC acquired from 2021 Reg A fundraise BTC acquired from 2016 seed round fundraise 1,322 BTC Po 2020 2021 2022 2023 2024 190t21
Slide 20: Balance sheet
Balance sheet As of December 31, 2024 Cash, Treasury bills, and digital assets ($ in millions) Bitcoin (BTC) $181.2M US Treasury bills $30.5M. Cash, cash equivalents, & USDC $37.9M ~$265 million Ether (ETH) $8.8M Other digital assets $6.3M
Slide 21: Growth catalysts
Growth catalysts Market adoption drives more users to Exchange Aggregator technology Partnerships extend Exodus’ revenue streams to other userbases (B2B) Additional products following consistent R&D efforts Strategic M&A can accelerate product roadmap, or acquire users/revenue