Exodus Q2 Revenue Up 2% to $26.2M, Net Loss Hits $18.6M

Exodus reports Q2 revenue of $26.2M, up 2% YoY, but posts an $18.6M net loss versus prior profit. Swap volume hits $1.1B with 1.4M MAUs.

Woofun AI reports that cryptocurrency wallet provider Exodus disclosed its second-quarter financial results, recording revenue of $26.2 million, a 2% year-over-year increase. The firm posted a net loss of $18.6 million and negative adjusted EBITDA of $6.7 million, contrasting with a $37.7 million net profit in the same period last year. Operational metrics included 1.4 million monthly active users and quarterly Swap transaction volume of $1.1 billion.