Crexendo Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	66.35	60.84	53.2	37.55	28.09	16.39
Revenue Growth (YoY)	12.91%	14.36%	41.66%	33.68%	71.43%	13.51%
Cost of Revenue	24.41	23.01	21.48	13.61	10.6	4.95
Gross Profit	41.93	37.82	31.72	23.95	17.5	11.44
Selling, General & Admin	31.87	30.45	28.55	24.69	17.75	9.26
Research & Development	5.88	5.55	4.86	3.96	1.4	1.19
Operating Expenses	37.75	36	33.41	28.65	19.14	10.45
Operating Income	4.18	1.82	-1.69	-4.7	-1.65	0.99
Interest Expense	-0.03	-0.04	-0.12	-0.08	-0.08	-0.08
Interest & Investment Income	0.47	0.19	0	-	0	0
Other Non Operating Income (Expenses)	-0.02	-0.08	0.08	1.3	-0.02	-0.03
EBT Excluding Unusual Items	4.61	1.89	-1.72	-3.48	-1.75	0.89
Merger & Restructuring Charges	-	-	-	-0.02	-1.04	-
Impairment of Goodwill	-	-	-	-32.61	-	-
Gain (Loss) on Sale of Assets	-	-	1.46	-	-	-
Asset Writedown	-	-	-	-0.07	-	-
Other Unusual Items	-	-	-	-	-0.13	1.01
Pretax Income	4.61	1.89	-0.26	-36.18	-2.91	1.9
Income Tax Expense	0.25	0.21	0.1	-0.76	-0.47	-6.04
Net Income	4.36	1.68	-0.36	-35.41	-2.45	7.94
Net Income to Common	4.36	1.68	-0.36	-35.41	-2.45	7.94
Net Income Growth	254.18%	-	-	-	-	597.10%
Shares Outstanding (Basic)	29	27	26	23	20	16
Shares Outstanding (Diluted)	31	30	26	23	20	17
Shares Change (YoY)	8.04%	15.71%	13.10%	13.14%	16.39%	11.96%
EPS (Basic)	0.15	0.06	-0.01	-1.54	-0.12	0.50
EPS (Diluted)	0.14	0.06	-0.01	-1.54	-0.12	0.46
EPS Growth	201.70%	-	-	-	-	557.15%
Free Cash Flow	9.08	6.26	3.41	-0.7	-1.11	-0.1
Free Cash Flow Per Share	0.29	0.21	0.13	-0.03	-0.06	-0.01
Dividend Per Share	-	-	0.005	0.020	-	-
Dividend Growth	-	-	-75.00%	-	-	-
Gross Margin	63.20%	62.17%	59.63%	63.77%	62.28%	69.81%
Operating Margin	6.31%	3.00%	-3.17%	-12.50%	-5.86%	6.05%
Profit Margin	6.57%	2.76%	-0.68%	-94.30%	-8.70%	48.45%
Free Cash Flow Margin	13.69%	10.29%	6.40%	-1.86%	-3.94%	-0.60%
EBITDA	6.73	4.34	1.02	-2.83	-0.55	1.25
EBITDA Margin	10.14%	7.14%	1.93%	-7.54%	-1.95%	7.62%
D&A For EBITDA	2.54	2.52	2.71	1.87	1.1	0.26
EBIT	4.18	1.82	-1.69	-4.7	-1.65	0.99
EBIT Margin	6.31%	3.00%	-3.17%	-12.50%	-5.86%	6.05%
Effective Tax Rate	5.36%	11.22%	-	-	-	-
Revenue as Reported	66.35	60.84	53.2	37.55	28.09	16.39

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q