Crexendo Inc Financials
This page shows Crexendo Inc (CXDO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Crexendo Inc generated $60.8M in revenue in fiscal year 2024. This represents an increase of 14.4% from the prior year.
Crexendo Inc's EBITDA was $2.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 265.5% from the prior year.
Crexendo Inc generated $6.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 83.7% from the prior year.
Crexendo Inc reported $1.7M in net income in fiscal year 2024. This represents an increase of 563.3% from the prior year.
Crexendo Inc earned $0.06 per diluted share (EPS) in fiscal year 2024. This represents an increase of 700.0% from the prior year.
Crexendo Inc had 28M shares outstanding in fiscal year 2024. This represents an increase of 5.7% from the prior year.
Crexendo Inc's operating margin was 3.0% in fiscal year 2024, reflecting core business profitability. This is up 6.2 percentage points from the prior year.
Crexendo Inc's net profit margin was 2.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 3.4 percentage points from the prior year.
Crexendo Inc's ROE was 3.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Crexendo Inc invested $5.6M in research and development in fiscal year 2024. This represents an increase of 14.2% from the prior year.
Crexendo Inc invested $27K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 70.7% from the prior year.
CXDO Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.5M+5.7% | $16.6M+3.1% | $16.1M-1.1% | $16.2M+3.9% | $15.6M+6.4% | $14.7M+2.8% | $14.3M+0.9% | $14.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $1.4M-1.6% | $1.4M-5.6% | $1.5M+1.4% | $1.5M+2.0% | $1.5M+10.9% | $1.3M+6.3% | $1.2M-0.5% | $1.3M |
| SG&A Expenses | $3.8M+5.4% | $3.6M+1.9% | $3.5M+3.3% | $3.4M-7.8% | $3.7M+7.7% | $3.4M+4.1% | $3.3M-0.7% | $3.3M |
| Operating Income | $1.3M+18.3% | $1.1M-4.1% | $1.1M+83.7% | $626K+363.7% | $135K-76.7% | $580K+20.1% | $483K+1171.1% | $38K |
| Interest Expense | $0 | $0 | $0+100.0% | -$44K | $0-100.0% | $1K0.0% | $1K+100.4% | -$226K |
| Income Tax | $43K-10.4% | $48K+9.1% | $44K-60.7% | $112K+143.5% | $46K+70.4% | $27K0.0% | $27K+58.8% | $17K |
| Net Income | $1.4M+17.7% | $1.2M+5.2% | $1.2M+131.0% | $507K+242.6% | $148K-74.8% | $588K+35.5% | $434K+611.5% | $61K |
| EPS (Diluted) | $0.05+25.0% | $0.040.0% | $0.04+100.0% | $0.02 | $0.00-100.0% | $0.02+100.0% | $0.01 | $0.00 |
CXDO Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $76.0M+6.4% | $71.4M+5.8% | $67.4M+3.9% | $64.9M+4.3% | $62.3M+4.4% | $59.6M+3.8% | $57.5M+2.3% | $56.2M |
| Current Assets | $39.3M+13.5% | $34.6M+14.9% | $30.1M+12.2% | $26.9M+12.6% | $23.9M+9.0% | $21.9M+14.9% | $19.0M+12.4% | $16.9M |
| Cash & Equivalents | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Inventory | $640K+3.6% | $618K+7.3% | $576K+46.6% | $393K-24.1% | $518K-6.5% | $554K+45.4% | $381K-0.3% | $382K |
| Accounts Receivable | $4.7M-15.5% | $5.6M+38.4% | $4.1M-6.7% | $4.4M+16.0% | $3.8M-6.0% | $4.0M-5.3% | $4.2M+21.3% | $3.5M |
| Goodwill | $9.5M0.0% | $9.5M0.0% | $9.5M0.0% | $9.5M0.0% | $9.5M0.0% | $9.5M0.0% | $9.5M0.0% | $9.5M |
| Total Liabilities | $14.6M+11.9% | $13.1M+6.8% | $12.2M-9.6% | $13.5M+5.8% | $12.8M+11.6% | $11.5M+7.0% | $10.7M-7.3% | $11.5M |
| Current Liabilities | $13.6M+12.4% | $12.1M+8.8% | $11.1M-8.1% | $12.1M+8.5% | $11.2M+6.8% | $10.4M+8.6% | $9.6M-6.3% | $10.3M |
| Long-Term Debt | $236K-33.7% | $356K-25.1% | $475K-19.8% | $592K-16.5% | $709K-13.9% | $823K-12.2% | $937K | N/A |
| Total Equity | $61.3M+5.2% | $58.3M+5.6% | $55.2M+7.4% | $51.4M+3.9% | $49.5M+2.7% | $48.2M+3.0% | $46.8M+4.8% | $44.6M |
| Retained Earnings | -$82.9M+1.7% | -$84.4M+1.4% | -$85.6M+1.3% | -$86.8M+0.6% | -$87.3M+0.2% | -$87.4M+0.7% | -$88.0M+0.5% | -$88.5M |
CXDO Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | $1.2M | N/A | N/A | N/A | -$166K | N/A |
| Capital Expenditures | N/A | N/A | $0 | N/A | N/A | N/A | $0 | N/A |
| Free Cash Flow | N/A | N/A | $1.2M | N/A | N/A | N/A | -$166K | N/A |
| Investing Cash Flow | N/A | N/A | $0 | N/A | N/A | N/A | $0 | N/A |
| Financing Cash Flow | N/A | N/A | $1.8M | N/A | N/A | N/A | $859K | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CXDO Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'25 | Q2'25 | Q1'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 7.5%+0.8pp | 6.7%-0.5pp | 7.2%+3.3pp | 3.9%+3.0pp | 0.9%-3.1pp | 4.0%+0.6pp | 3.4%+3.1pp | 0.3% |
| Net Margin | 8.3%+0.9pp | 7.4%+0.1pp | 7.3%+4.2pp | 3.1%+2.2pp | 0.9%-3.0pp | 4.0%+1.0pp | 3.0%+2.6pp | 0.4% |
| Return on Equity | 2.4%+0.2pp | 2.1%0.0pp | 2.1%+1.1pp | 1.0%+0.7pp | 0.3%-0.9pp | 1.2%+0.3pp | 0.9%+0.8pp | 0.1% |
| Return on Assets | 1.9%+0.2pp | 1.7%0.0pp | 1.7%+1.0pp | 0.8%+0.5pp | 0.2%-0.8pp | 1.0%+0.2pp | 0.8%+0.7pp | 0.1% |
| Current Ratio | 2.89+0.0 | 2.86+0.1 | 2.71+0.5 | 2.22+0.1 | 2.14+0.0 | 2.10+0.1 | 1.98+0.3 | 1.65 |
| Debt-to-Equity | 0.000.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.010.0 | 0.020.0 | 0.02-0.2 | 0.26 |
| FCF Margin | N/A | N/A | 7.7% | N/A | N/A | N/A | -1.2% | N/A |
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks.
Bankruptcy risk indicator. Above 2.99 = safe, below 1.81 = distress.
Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.
Operating cash flow vs net income. Above 1.0x = cash-backed earnings.
Operating income vs interest expense. Above 5x = safe, below 2x = risky.
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Frequently Asked Questions
What is Crexendo Inc's annual revenue?
Crexendo Inc (CXDO) reported $60.8M in total revenue for fiscal year 2024. This represents a 14.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Crexendo Inc's revenue growing?
Crexendo Inc (CXDO) revenue grew by 14.4% year-over-year, from $53.2M to $60.8M in fiscal year 2024.
Is Crexendo Inc profitable?
Yes, Crexendo Inc (CXDO) reported a net income of $1.7M in fiscal year 2024, with a net profit margin of 2.8%.
What is Crexendo Inc's earnings per share (EPS)?
Crexendo Inc (CXDO) reported diluted earnings per share of $0.06 for fiscal year 2024. This represents a 700.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Crexendo Inc's EBITDA?
Crexendo Inc (CXDO) had EBITDA of $2.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Crexendo Inc's operating margin?
Crexendo Inc (CXDO) had an operating margin of 3.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Crexendo Inc's net profit margin?
Crexendo Inc (CXDO) had a net profit margin of 2.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Crexendo Inc's return on equity (ROE)?
Crexendo Inc (CXDO) has a return on equity of 3.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Crexendo Inc's free cash flow?
Crexendo Inc (CXDO) generated $6.3M in free cash flow during fiscal year 2024. This represents a 83.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Crexendo Inc's operating cash flow?
Crexendo Inc (CXDO) generated $6.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Crexendo Inc's total assets?
Crexendo Inc (CXDO) had $64.9M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Crexendo Inc's capital expenditures?
Crexendo Inc (CXDO) invested $27K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Crexendo Inc spend on research and development?
Crexendo Inc (CXDO) invested $5.6M in research and development during fiscal year 2024.
How many shares does Crexendo Inc have outstanding?
Crexendo Inc (CXDO) had 28M shares outstanding as of fiscal year 2024.
What is Crexendo Inc's current ratio?
Crexendo Inc (CXDO) had a current ratio of 2.22 as of fiscal year 2024, which is generally considered healthy.
What is Crexendo Inc's debt-to-equity ratio?
Crexendo Inc (CXDO) had a debt-to-equity ratio of 0.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Crexendo Inc's return on assets (ROA)?
Crexendo Inc (CXDO) had a return on assets of 2.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Crexendo Inc's Altman Z-Score?
Crexendo Inc (CXDO) has an Altman Z-Score of 7.68, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress.
What is Crexendo Inc's Piotroski F-Score?
Crexendo Inc (CXDO) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.
Are Crexendo Inc's earnings high quality?
Crexendo Inc (CXDO) has an earnings quality ratio of 3.75x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.
Can Crexendo Inc cover its interest payments?
Crexendo Inc (CXDO) has an interest coverage ratio of 43.4x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline.
How financially healthy is Crexendo Inc?
Crexendo Inc (CXDO) scores 53 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks.