CXDO Q2 2022 Earnings — Crexendo, Inc. Revenue & Financial Results | Market Cap Arena

CXDOCrexendo, Inc.

$220M

Q2 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$9M+53.1% YoY

Gross Profit

$6M66.8% margin

Operating Income

-$852,000-9.6% margin

Net Income

-$896,000-10.1% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+8.4%

Cash Flow

Operating Cash Flow

-$876,000

Free Cash Flow

-$882,000

Stock-Based Comp.

$858,000

Balance Sheet

Total Assets

$76M

Total Liabilities

$10M

Stockholders' Equity

$66M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$6M	+53.1%
Gross Profit	$6M	$4M	+63.1%
Operating Income	-$852,000	-$1M	+31.5%
Net Income	-$896,000	-$1M	+10.7%

Revenue Segments

Cloud Telecommunications Service

$9M100%