Exodus Movement Reports $10.9 Million in Payments Revenue as Wallet Business Cools
Key Highlights Exodus narrowed its adjusted EBITDA loss to $3.9 million from $6.7 million in the prior quarter. The company ended the quarter with 214 employees and is targeting approximately $30 million in combined annual cost reductions by 2027. Payments now generate about one-third of revenue, as Exodus shifts beyond its historically wallet-led business model. ...