Cryptocurrency Wallet Exodus Reports Record Annual Revenue for 2025 but Faces a Net Loss of Approximately 1.8 Billion Yen

Monthly Active Users Decrease by 35%

On November 11, Exodus Movement, a self-custody cryptocurrency wallet, announced its full-year financial results for 2025. Although the annual revenue reached a record high of $121.6 million (approximately 19.3 billion yen), up 5% from the previous year, the net income reversed from a net profit of $113 million (approximately 18 billion yen) last year to a net loss of $11.4 million (approximately 1.8 billion yen).

General and administrative expenses for the year increased by 68% compared to the previous year, while technology and development expenses rose by 37%...