CXDO FY 2023 Earnings — Crexendo, Inc. Revenue & Financial Results | Market Cap Arena

CXDOCrexendo, Inc.

$220M

FY 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$53M+41.7% YoY

Gross Profit

$32M59.5% margin

Operating Income

-$2M-3.2% margin

Net Income

-$362,000-0.7% margin

EPS (Diluted)

$-0.01

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$3M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$56M

Total Liabilities

$12M

Stockholders' Equity

$45M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$53M	$38M	+41.7%
Gross Profit	$32M	$24M	+32.5%
Operating Income	-$2M	-$37M	+95.5%
Net Income	-$362,000	-$35M	+99.0%