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CXDO

Crexendo, Inc.

CXDO

Crexendo, Inc. • NASDAQ
$6.98 ▲ 1.75% (+0.12)
Market Cap $214.45 M
52w High $7.65
52w Low $3.75
Dividend Yield 0%
P/E 49.86
Volume 96.61K
Outstanding Shares 30.72M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $17.497M ▲ $12.528M ▲ $1.45M ▲ 8.287% ▲ $0.048 ▲ $2.335M ▲
Q2-2025 $16.552M ▲ $9.393M ▲ $1.232M ▲ 7.443% ▲ $0.04 $2.142M ▲
Q1-2025 $16.057M ▼ $9.331M ▲ $1.171M ▲ 7.293% ▲ $0.04 ▲ $1.995M ▲
Q4-2024 $16.24M ▲ $9.24M ▼ $507K ▲ 3.122% ▲ $0.018 ▲ $1.456M ▲
Q3-2024 $15.627M $9.389M $148K 0.947% $0.005 $1.03M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $28.573M ▲ $75.957M ▲ $14.613M ▲ $61.344M ▲
Q2-2025 $23.45M ▲ $71.363M ▲ $13.062M ▲ $58.301M ▲
Q1-2025 $21.207M ▲ $67.449M ▲ $12.227M ▼ $55.222M ▲
Q4-2024 $18.193M ▲ $64.938M ▲ $13.525M ▲ $51.413M ▲
Q3-2024 $15.451M $62.252M $12.783M $49.469M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $1.45M ▲ $4.417M ▲ $0 ▲ $725K ▼ $5.123M ▲ $4.417M ▲
Q2-2025 $1.232M ▲ $1.295M ▲ $-18K ▼ $933K ▼ $2.243M ▼ $1.277M ▲
Q1-2025 $1.171M ▲ $1.238M ▼ $0 ▲ $1.763M ▲ $3.014M ▲ $1.238M ▼
Q4-2024 $507K ▲ $2.177M ▲ $-27K ▼ $584K ▲ $2.742M ▲ $2.15M ▲
Q3-2024 $148K $1.621M $0 $233K $1.84M $1.621M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Cloud Telecommunications Segment
Cloud Telecommunications Segment
 $0 ▲$10.00M ▲$10.00M ▲$10.00M ▲
Product
Product
 $0 ▲$0 ▲$0 ▲$0 ▲
Service
Service
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily over the past several years, which suggests the core business is gaining traction and scaling up. Gross profit has improved along the way, indicating that the company is getting better at turning sales into actual economic value after direct costs. Profitability, however, has been choppy. The company dipped into a noticeable loss a few years ago but has since moved back toward roughly breakeven and recently into modest profitability on both an operating and net income basis. This pattern is typical of a smaller, growing software and communications player: investment phases followed by periods of margin recovery. Overall, the trend points to a business that is still fine‑tuning its cost base but is moving in the right direction.

Balance Sheet

Balance Sheet The balance sheet looks relatively conservative and straightforward. Total assets and equity are broadly stable, which suggests the company is not taking big swings with acquisitions or heavy asset expansion. Equity finances nearly all of the business, which implies a low reliance on borrowed money. Notably, there is essentially no debt, which reduces financial risk but also limits the leverage effect on returns. Cash levels are modest rather than excessive, so the company appears to have some buffer but not an outsized war chest. Overall, the financial structure fits a disciplined, capital‑light software platform that is trying to grow without stretching its balance sheet.

Cash Flow

Cash Flow Operating cash flow has recently turned positive, which is an important milestone. It means the core operations are starting to fund themselves rather than relying heavily on outside capital. Earlier years were closer to breakeven, so this shift indicates improving cash discipline and better alignment between accounting profits and actual cash generation. Free cash flow has generally hovered around neutral to mildly positive, with only a small dip in the year when investment spending ticked up. Capital spending needs appear low, consistent with a cloud‑based, software‑driven model. This keeps financial flexibility relatively high, but the scale of cash generation is still modest, so funding major new initiatives or acquisitions would likely require careful prioritization.

Competitive Edge

Competitive Edge Crexendo operates in a very crowded and competitive unified communications market, facing giants in telecom and cloud software. Its edge comes from a few specific angles: a homegrown cloud communications platform, a partner‑centric go‑to‑market strategy, and a pricing model that focuses on usage sessions rather than traditional per‑seat licenses. That approach can be attractive to service providers looking for better economics and flexibility. The company has built a broad partner and reseller ecosystem and emphasizes white‑label capabilities, which helps it punch above its weight by letting partners build their own branded solutions on top of Crexendo’s platform. Strong customer support and a focus on replacing legacy systems further strengthen its positioning. However, its smaller scale relative to leading global players remains a key structural challenge; sustaining and expanding its niche will require continued differentiation and very consistent execution.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point. Crexendo controls its own core platform rather than relying heavily on third‑party technology, which allows it to iterate quickly and tailor features to customer and partner feedback. The VIP platform bundles voice, video, messaging, contact center, and programmable communications in a single environment, aiming to simplify what many businesses currently piece together from multiple vendors. The company is leaning hard into artificial intelligence. It has integrated AI‑driven features like transcription, sentiment analysis, and smart search, and it is experimenting with advanced assistants and call bots, including capabilities powered by large language models such as ChatGPT. Open APIs and hundreds of integrations give it flexibility and make the platform more sticky for partners. The flip side is that the AI arena is highly competitive and capital‑intensive, with large rivals investing far more heavily, so Crexendo’s challenge will be to stay focused on high‑impact, differentiated features rather than trying to match big players feature‑for‑feature.

Summary

Crexendo is a small but growing cloud communications company that has been steadily expanding its revenue base and has recently crossed into consistent, though still modest, profitability. Its balance sheet is clean, with essentially no debt and a straightforward capital structure, and its cash flows are now generally positive, reflecting a maturing business model. Strategically, the company distinguishes itself through its in‑house communications platform, partner‑driven distribution, flexible pricing, and increasing use of AI. These elements give it a noticeable niche and have helped it win customers migrating away from older, legacy systems. At the same time, it operates in a fiercely competitive market dominated by much larger firms, and its relatively small scale and limited financial resources introduce ongoing execution risk. Taken together, Crexendo looks like a focused, capital‑light growth story with improving financial fundamentals and a clear strategic angle, but with the usual uncertainties that come from competing against larger players in a fast‑moving technology landscape.

NEWS

November 20, 2025 · 9:00 AM UTC

Crexendo Wins Second Consecutive Generative AI Product of the Year Award

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November 11, 2025 · 9:00 AM UTC

Crexendo CFO Ron Vincent honored with Arizona CFO of the Year Award

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November 4, 2025 · 4:00 PM UTC

Crexendo Announces Strong Third Quarter 2025 Results

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October 30, 2025 · 9:00 AM UTC

Crexendo Surpasses 7 Million User Milestone on Its Award-Winning Platform

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October 27, 2025 · 9:00 AM UTC

Crexendo and Gamma Communications Partner to Help Service Providers Drive Growth

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