Exodus Movement vs Usio
Exodus Movement is the larger business, with $122m of revenue in fiscal 2025 against $85.4m for Usio (1.4 times as much). Exodus Movement grew faster (4.5% against 3.0%). Usio kept more of each dollar of sales as profit: a net margin of -2.9% against -9.3%.
| Latest fiscal year | Exodus MovementEXOD, 2025 | UsioUSIO, 2025 |
|---|---|---|
| Revenue | $122m | $85.4m |
| Revenue growth | 4.5% | 3.0% |
| Net income | −$11.4m | −$2.5m |
| Operating margin | — | — |
| Net margin | -9.3% | -2.9% |
| Return on equity | -4.5% | -13.6% |
| Free cash flow | −$25.8m | $1.1m |
| Cash | $4.9m | $7.4m |
| Total debt | $0 | $1.4m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $15.1m | $1.1m |
| Employees | — | 107 |
| Market value | $52.9m | $84.7m |
| Price vs our value range | — | — |
| Moat score | — | 27 (Weak) |
| Insider trades, 12 months | 0 buys, 18 sales | 0 buys, 16 sales |