CXDO Q1 2022 Earnings — Crexendo, Inc. Revenue & Financial Results | Market Cap Arena

CXDOCrexendo, Inc.

$220M

Q1 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$8M+81.0% YoY

Gross Profit

$5M58.2% margin

Operating Income

-$1M-17.1% margin

Net Income

-$1M-15.0% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

-9.3%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$76M

Total Liabilities

$10M

Stockholders' Equity

$66M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$5M	+81.0%
Gross Profit	$5M	$3M	+56.9%
Operating Income	-$1M	-$822,000	-69.5%
Net Income	-$1M	-$715,000	-70.6%

Revenue Segments

Cloud Telecommunications Service

$8M100%