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Side-by-side financial comparison of Exodus Movement, Inc. (EXOD) and Silence Therapeutics plc (SLN). Click either name above to swap in a different company.

Exodus Movement, Inc. is the larger business by last-quarter revenue ($29.4M vs $15.7M, roughly 1.9× Silence Therapeutics plc). Silence Therapeutics plc runs the higher net margin — -14.7% vs -181.0%, a 166.3% gap on every dollar of revenue.

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.

Silence Therapeutics is a London-based pharmaceutical company formed in 1994. The company has pioneered the development of short-interfering ribonucleic acid (siRNA) therapeutics for the treatment of rare diseases. Silence Therapeutics has offices in London, New Jersey, and Berlin, with its corporate headquarters located in Hammersmith, London.

EXOD vs SLN — Head-to-Head

Bigger by revenue
EXOD
EXOD
1.9× larger
EXOD
$29.4M
$15.7M
SLN
Higher net margin
SLN
SLN
166.3% more per $
SLN
-14.7%
-181.0%
EXOD

Income Statement — Q4 FY2025 vs Q1 FY2024

Metric
EXOD
EXOD
SLN
SLN
Revenue
$29.4M
$15.7M
Net Profit
$-53.2M
$-2.3M
Gross Margin
82.2%
Operating Margin
-226.9%
-35.6%
Net Margin
-181.0%
-14.7%
Revenue YoY
-34.4%
Net Profit YoY
-179.5%
EPS (diluted)
$-0.02

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
SLN
SLN
Q4 25
$29.4M
Q3 25
$30.3M
Q2 25
$25.8M
Q1 25
$36.0M
Q4 24
$44.8M
Q3 24
$20.1M
Q2 24
$22.3M
Q1 24
$29.1M
$15.7M
Net Profit
EXOD
EXOD
SLN
SLN
Q4 25
$-53.2M
Q3 25
$17.0M
Q2 25
$37.7M
Q1 25
$-12.9M
Q4 24
$66.9M
Q3 24
$843.0K
Q2 24
$-9.6M
Q1 24
$54.8M
$-2.3M
Gross Margin
EXOD
EXOD
SLN
SLN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
43.7%
Q2 24
51.7%
Q1 24
63.2%
82.2%
Operating Margin
EXOD
EXOD
SLN
SLN
Q4 25
-226.9%
Q3 25
66.9%
Q2 25
Q1 25
-60.4%
Q4 24
Q3 24
-0.3%
Q2 24
-66.1%
Q1 24
-35.6%
Net Margin
EXOD
EXOD
SLN
SLN
Q4 25
-181.0%
Q3 25
56.2%
Q2 25
145.8%
Q1 25
-35.8%
Q4 24
149.4%
Q3 24
4.2%
Q2 24
-43.1%
Q1 24
188.5%
-14.7%
EPS (diluted)
EXOD
EXOD
SLN
SLN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$-0.02

Balance Sheet & Financial Strength

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

Metric
EXOD
EXOD
SLN
SLN
Cash + ST InvestmentsLiquidity on hand
$4.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$247.4M
$156.8M
Total Assets
$266.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXOD
EXOD
SLN
SLN
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
Stockholders' Equity
EXOD
EXOD
SLN
SLN
Q4 25
$247.4M
Q3 25
$296.7M
Q2 25
$277.1M
Q1 25
$241.5M
Q4 24
$257.5M
Q3 24
$191.2M
Q2 24
$190.8M
Q1 24
$199.1M
$156.8M
Total Assets
EXOD
EXOD
SLN
SLN
Q4 25
$266.8M
Q3 25
$338.5M
Q2 25
$313.7M
Q1 25
$263.2M
Q4 24
$288.0M
Q3 24
$211.6M
Q2 24
$211.6M
Q1 24
$225.4M

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
SLN
SLN
Operating Cash FlowLast quarter
$-25.6M
$-9.1M
Free Cash FlowOCF − Capex
$-25.8M
FCF MarginFCF / Revenue
-87.9%
Capex IntensityCapex / Revenue
0.9%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXOD
EXOD
SLN
SLN
Q4 25
$-25.6M
Q3 25
$-4.8M
Q2 25
$-5.3M
Q1 25
$-6.2M
Q4 24
$-12.0M
Q3 24
$-4.9M
Q2 24
$-2.4M
Q1 24
$450.0K
$-9.1M
Free Cash Flow
EXOD
EXOD
SLN
SLN
Q4 25
$-25.8M
Q3 25
$-4.8M
Q2 25
$-5.4M
Q1 25
$-6.2M
Q4 24
$-12.3M
Q3 24
$-4.9M
Q2 24
$-2.4M
Q1 24
$300.0K
FCF Margin
EXOD
EXOD
SLN
SLN
Q4 25
-87.9%
Q3 25
-16.0%
Q2 25
-20.7%
Q1 25
-17.3%
Q4 24
-27.5%
Q3 24
-24.5%
Q2 24
-10.8%
Q1 24
1.0%
Capex Intensity
EXOD
EXOD
SLN
SLN
Q4 25
0.9%
Q3 25
0.1%
Q2 25
0.4%
Q1 25
0.1%
Q4 24
0.6%
Q3 24
0.2%
Q2 24
0.2%
Q1 24
0.5%
0.0%
Cash Conversion
EXOD
EXOD
SLN
SLN
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%

SLN
SLN

Segment breakdown not available.

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