CXDO Q1 2024 Earnings — Crexendo, Inc. Revenue & Financial Results | Market Cap Arena

CXDOCrexendo, Inc.

$220M

Q1 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$14M+14.4% YoY

Gross Profit

$9M63.4% margin

Operating Income

$483,0003.4% margin

Net Income

$434,0003.0% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

-$166,000

Free Cash Flow

-$166,000

Stock-Based Comp.

$728,000

Balance Sheet

Total Assets

$57M

Total Liabilities

$11M

Stockholders' Equity

$47M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14M	$12M	+14.4%
Gross Profit	$9M	$7M	+22.0%
Operating Income	$483,000	-$2M	+130.7%
Net Income	$434,000	-$2M	+127.4%