CXDO Q3 2022 Earnings — Crexendo, Inc. Revenue & Financial Results | Market Cap Arena

CXDOCrexendo, Inc.

$220M

Q3 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$9M+3.4% YoY

Gross Profit

$6M67.1% margin

Operating Income

-$544,000-6.0% margin

Net Income

-$696,000-7.6% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

-$51,000

Free Cash Flow

-$203,000

Stock-Based Comp.

$851,000

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	$9M	+3.4%
Gross Profit	$6M	$5M	+11.8%
Operating Income	-$544,000	$53,000	-1126.4%
Net Income	-$696,000	-$125,000	-456.8%

Revenue Segments

Cloud Telecommunications Service

$9M100%