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Side-by-side financial comparison of Exodus Movement, Inc. (EXOD) and IT TECH PACKAGING, INC. (ITP). Click either name above to swap in a different company.

Exodus Movement, Inc. is the larger business by last-quarter revenue ($29.4M vs $25.6M, roughly 1.1× IT TECH PACKAGING, INC.). IT TECH PACKAGING, INC. runs the higher net margin — -5.7% vs -181.0%, a 175.3% gap on every dollar of revenue. On growth, IT TECH PACKAGING, INC. posted the faster year-over-year revenue change (2.1% vs -34.4%). IT TECH PACKAGING, INC. produced more free cash flow last quarter ($1.5M vs $-25.8M). Over the past eight quarters, IT TECH PACKAGING, INC.'s revenue compounded faster (10.5% CAGR vs 0.6%).

Exodus is a cryptocurrency wallet available on desktop and mobile platforms. It was founded in 2015 by JP Richardson and Daniel Castagnoli. Exodus wallet supports digital assets including Bitcoin, Ethereum, and Solana. It is available on Windows, macOS, Linux, iOS, Android, and as a browser extension.

IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.

EXOD vs ITP — Head-to-Head

Bigger by revenue
EXOD
EXOD
1.1× larger
EXOD
$29.4M
$25.6M
ITP
Growing faster (revenue YoY)
ITP
ITP
+36.5% gap
ITP
2.1%
-34.4%
EXOD
Higher net margin
ITP
ITP
175.3% more per $
ITP
-5.7%
-181.0%
EXOD
More free cash flow
ITP
ITP
$27.3M more FCF
ITP
$1.5M
$-25.8M
EXOD
Faster 2-yr revenue CAGR
ITP
ITP
Annualised
ITP
10.5%
0.6%
EXOD

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EXOD
EXOD
ITP
ITP
Revenue
$29.4M
$25.6M
Net Profit
$-53.2M
$-1.4M
Gross Margin
7.9%
Operating Margin
-226.9%
-3.9%
Net Margin
-181.0%
-5.7%
Revenue YoY
-34.4%
2.1%
Net Profit YoY
-179.5%
26.6%
EPS (diluted)
$-0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXOD
EXOD
ITP
ITP
Q4 25
$29.4M
Q3 25
$30.3M
$25.6M
Q2 25
$25.8M
$24.8M
Q1 25
$36.0M
$10.9M
Q4 24
$44.8M
$17.6M
Q3 24
$20.1M
$25.1M
Q2 24
$22.3M
$26.2M
Q1 24
$29.1M
$6.9M
Net Profit
EXOD
EXOD
ITP
ITP
Q4 25
$-53.2M
Q3 25
$17.0M
$-1.4M
Q2 25
$37.7M
$-2.0M
Q1 25
$-12.9M
$-3.5M
Q4 24
$66.9M
$-4.0M
Q3 24
$843.0K
$-2.0M
Q2 24
$-9.6M
$-77.7K
Q1 24
$54.8M
$-3.7M
Gross Margin
EXOD
EXOD
ITP
ITP
Q4 25
Q3 25
7.9%
Q2 25
5.1%
Q1 25
0.8%
Q4 24
6.3%
Q3 24
43.7%
7.6%
Q2 24
51.7%
12.4%
Q1 24
63.2%
5.8%
Operating Margin
EXOD
EXOD
ITP
ITP
Q4 25
-226.9%
Q3 25
66.9%
-3.9%
Q2 25
-7.1%
Q1 25
-60.4%
-31.0%
Q4 24
-21.5%
Q3 24
-0.3%
-5.8%
Q2 24
-66.1%
2.1%
Q1 24
-51.0%
Net Margin
EXOD
EXOD
ITP
ITP
Q4 25
-181.0%
Q3 25
56.2%
-5.7%
Q2 25
145.8%
-7.9%
Q1 25
-35.8%
-32.2%
Q4 24
149.4%
-22.9%
Q3 24
4.2%
-7.9%
Q2 24
-43.1%
-0.3%
Q1 24
188.5%
-54.6%
EPS (diluted)
EXOD
EXOD
ITP
ITP
Q4 25
Q3 25
$-0.11
Q2 25
$-0.16
Q1 25
$-0.35
Q4 24
$-0.40
Q3 24
$-0.20
Q2 24
$-0.01
Q1 24
$-0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXOD
EXOD
ITP
ITP
Cash + ST InvestmentsLiquidity on hand
$4.9M
Total DebtLower is stronger
$4.7M
Stockholders' EquityBook value
$247.4M
$152.0M
Total Assets
$266.8M
$175.7M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXOD
EXOD
ITP
ITP
Q4 25
$4.9M
Q3 25
$50.5M
Q2 25
$52.9M
Q1 25
$59.8M
Q4 24
$37.9M
Q3 24
$26.5M
Q2 24
$27.8M
Q1 24
$21.0M
Total Debt
EXOD
EXOD
ITP
ITP
Q4 25
Q3 25
$4.7M
Q2 25
$4.7M
Q1 25
$4.7M
Q4 24
$4.7M
Q3 24
$8.9M
Q2 24
$11.3M
Q1 24
$11.4M
Stockholders' Equity
EXOD
EXOD
ITP
ITP
Q4 25
$247.4M
Q3 25
$296.7M
$152.0M
Q2 25
$277.1M
$152.3M
Q1 25
$241.5M
$152.8M
Q4 24
$257.5M
$156.1M
Q3 24
$191.2M
$164.3M
Q2 24
$190.8M
$163.5M
Q1 24
$199.1M
$164.3M
Total Assets
EXOD
EXOD
ITP
ITP
Q4 25
$266.8M
Q3 25
$338.5M
$175.7M
Q2 25
$313.7M
$175.2M
Q1 25
$263.2M
$175.2M
Q4 24
$288.0M
$177.5M
Q3 24
$211.6M
$190.0M
Q2 24
$211.6M
$191.4M
Q1 24
$225.4M
$177.5M
Debt / Equity
EXOD
EXOD
ITP
ITP
Q4 25
Q3 25
0.03×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.05×
Q2 24
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXOD
EXOD
ITP
ITP
Operating Cash FlowLast quarter
$-25.6M
$1.5M
Free Cash FlowOCF − Capex
$-25.8M
$1.5M
FCF MarginFCF / Revenue
-87.9%
5.9%
Capex IntensityCapex / Revenue
0.9%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.3M
$3.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXOD
EXOD
ITP
ITP
Q4 25
$-25.6M
Q3 25
$-4.8M
$1.5M
Q2 25
$-5.3M
$1.4M
Q1 25
$-6.2M
$-2.5M
Q4 24
$-12.0M
$3.5M
Q3 24
$-4.9M
$1.5M
Q2 24
$-2.4M
$721.9K
Q1 24
$450.0K
$624.4K
Free Cash Flow
EXOD
EXOD
ITP
ITP
Q4 25
$-25.8M
Q3 25
$-4.8M
$1.5M
Q2 25
$-5.4M
$1.3M
Q1 25
$-6.2M
$-2.5M
Q4 24
$-12.3M
$3.5M
Q3 24
$-4.9M
$1.2M
Q2 24
$-2.4M
$668.3K
Q1 24
$300.0K
$615.4K
FCF Margin
EXOD
EXOD
ITP
ITP
Q4 25
-87.9%
Q3 25
-16.0%
5.9%
Q2 25
-20.7%
5.4%
Q1 25
-17.3%
-22.8%
Q4 24
-27.5%
19.6%
Q3 24
-24.5%
4.9%
Q2 24
-10.8%
2.5%
Q1 24
1.0%
9.0%
Capex Intensity
EXOD
EXOD
ITP
ITP
Q4 25
0.9%
Q3 25
0.1%
0.0%
Q2 25
0.4%
0.1%
Q1 25
0.1%
0.1%
Q4 24
0.6%
0.1%
Q3 24
0.2%
1.0%
Q2 24
0.2%
0.2%
Q1 24
0.5%
0.1%
Cash Conversion
EXOD
EXOD
ITP
ITP
Q4 25
Q3 25
-0.28×
Q2 25
-0.14×
Q1 25
Q4 24
-0.18×
Q3 24
-5.80×
Q2 24
Q1 24
0.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXOD
EXOD

Exchange Aggregation$26.6M90%
Other$2.8M10%

ITP
ITP

Segment breakdown not available.

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