Crexendo, Inc. CXDO
Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offering, including voice, video, contact center, and managed IT services tailored to businesses of all sizes. Our cloud communications software solutions currently support over seven million end users globally, through an extensive network of over 240 cloud communication platform software subscribers and our direct retail offering. Our products and services can be categorized in the following offerings:
Cloud Telecommunications Services – Our cloud telecommunications services transmit calls using IP or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud. Each of our calling plans provides a number of basic features typically offered by traditional telephone service providers, plus a wide range of enhanced features that we believe offer an attractive value proposition to our customers. This platform enables a user, via a single "identity" or telephone number, to access and utilize services and features regardless of how the user is connected to the Internet or cloud, whether it's from a desktop device or an application on a mobile device or computer.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- International
| Region | FY2025 | FY2024 |
|---|---|---|
| United States | $63.9M | $57.3M |
| International | $4.3M | $3.5M |
As the company reported it, from the “Segment (Details 1)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $68.2M | $60.8M | $53.2M | $37.6M | $28.1M | $16.4M | $14.4M | $11.9M | $10.2M | $9.1M |
| Cost of revenue | — | — | — | — | — | $4.9M | $4.4M | — | $2.9M | $3.0M |
| Gross profit | — | — | — | — | — | $11.4M | $10.1M | — | $7.3M | $6.1M |
| R&D | $5.7M | $5.6M | $4.9M | $4.0M | $1.4M | $1.2M | $853.0K | $801.0K | $750.0K | $826.0K |
| SG&A | $14.7M | $13.8M | $13.8M | $12.9M | $10.6M | $5.1M | $4.2M | $4.1M | $4.1M | $4.9M |
| Total operating expenses | $63.5M | $59.0M | $54.9M | $74.9M | $30.9M | $15.4M | $13.3M | $12.1M | $10.9M | $11.9M |
| Operating income | $4.7M | $1.8M | -$1.7M | -$37.4M | -$2.8M | $991.0K | $1.1M | -$206.0K | -$734.0K | -$2.8M |
| Interest expense | $19.0K | $42.0K | $115.0K | $78.0K | $84.0K | $76.0K | $12.0K | $12.0K | $209.0K | $138.0K |
| Pre-tax income | $5.4M | $1.9M | -$264.0K | -$36.2M | -$2.9M | $1.9M | $1.1M | -$208.0K | -$1.0M | -$2.8M |
| Income tax | $300.0K | $212.0K | $98.0K | $762.0K | $465.0K | $6.0M | $6.0K | $15.0K | $7.0K | $12.0K |
| Net income | $5.1M | $1.7M | -$362.0K | -$35.4M | -$2.4M | $7.9M | $1.1M | -$223.0K | -$929.0K | -$2.8M |
| EPS, basic | 0.17 | 0.06 | -0.01 | -1.54 | -0.12 | 0.50 | 0.08 | -0.02 | -0.07 | -0.21 |
| EPS, diluted | 0.16 | 0.06 | -0.01 | -1.54 | -0.12 | 0.46 | 0.07 | -0.02 | -0.07 | -0.21 |
| Shares, diluted (wtd. avg.) | 31.6M | 30.0M | 25.9M | 22.9M | 20.28B | 17.4M | 15.6M | 14.3M | 13.9M | 13.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $31.4M | $18.2M | $10.3M | $5.5M | $7.5M | $17.7M | $4.3M | $1.9M | $1.4M | $0 |
| Receivables | $4.9M | $4.4M | $3.5M | $3.3M | $2.2M | $538.0K | $380.0K | $419.0K | $372.0K | $346.0K |
| Inventory | $454.0K | $393.0K | $382.0K | $679.0K | $231.0K | $504.0K | $382.0K | $270.0K | $131.0K | $170.0K |
| Total current assets | $41.9M | $26.9M | $16.9M | $12.3M | $11.6M | $19.8M | $5.7M | $3.3M | $2.6M | $2.0M |
| Property, plant and equipment | $195.0K | $394.0K | $670.0K | $3.3M | $3.0M | $2.7M | $155.0K | $124.0K | $8.0K | $18.0K |
| Goodwill | $9.5M | $9.5M | $9.5M | $9.5M | $37.0M | $272.0K | $272.0K | $272.0K | $272.0K | $272.0K |
| Other intangibles | $17.9M | $20.5M | $23.6M | $26.7M | $22.2M | $252.0K | $465.0K | $167.0K | $239.0K | $335.0K |
| Total assets | $77.7M | $64.9M | $56.2M | $55.6M | $77.2M | $30.7M | $7.8M | $4.5M | $3.7M | $3.5M |
| Accounts payable | $649.0K | $1.0M | $769.0K | $1.2M | $476.0K | $56.0K | $86.0K | $155.0K | $79.0K | $116.0K |
| Total current liabilities | $12.3M | $12.1M | $10.3M | $10.4M | $10.6M | $2.6M | $2.9M | $2.0M | $1.7M | $2.0M |
| Long-term debt | $114.0K | $592.0K | — | $1.0M | $1.9M | $1.9M | — | $0 | $10.0K | $966.0K |
| Total liabilities | $13.9M | $13.5M | $11.5M | $14.2M | $11.2M | $4.9M | $3.4M | $2.5M | $2.1M | $3.0M |
| Retained earnings | -$81.7M | -$86.8M | -$88.5M | -$87.9M | -$52.5M | -$50.1M | -$58.0M | -$59.2M | -$58.9M | -$58.2M |
| Total equity | $63.8M | $51.4M | $44.6M | $41.5M | $65.9M | $25.8M | $4.4M | $2.0M | $1.6M | $715.0K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $9.3M | $6.3M | $3.5M | -$411.0K | -$1.0M | $647.0K | $1.6M | $452.0K | $294.0K | -$1.1M |
| Depreciation and amortisation | $217.0K | $303.0K | $404.0K | $311.0K | $235.0M | $258.0K | $94.0K | $92.0K | $106.0K | $146.0K |
| Stock-based compensation | $2.9M | $3.0M | $3.8M | $4.4M | $1.6M | $623.0K | $399.0K | $438.0K | $573.0K | $653.0K |
| Capital expenditure | $18.0K | $27.0K | $92.0K | $289.0K | $101.0K | — | — | — | — | — |
| Investing cash flow | -$18.0K | -$27.0K | $3.7M | -$1.7M | -$9.9M | $13.7M | -$72.0K | -$7.0K | $252.0K | $11.0K |
| Financing cash flow | $3.9M | $1.6M | -$2.3M | -$54.0K | $650.0K | -$921.0K | $765.0K | $122.0K | $117.0K | $237.0K |
| Dividends paid | — | $0 | $130.0K | $462.0K | $0 | — | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001654954-26-001848.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.1M | $10.2M | $11.9M | $14.4M | $16.4M | $28.1M | $37.6M | $53.2M | $60.8M | $68.2M |
| Gross profit | $6.1M | $7.3M | — | $10.1M | $11.4M | — | — | — | — | — |
| Net income | -$2.8M | -$929.0K | -$223.0K | $1.1M | $7.9M | -$2.4M | -$35.4M | -$362.0K | $1.7M | $5.1M |
Recent filings and events
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced Item 2.02
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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