NasdaqCM:CXDO

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Executive Summary

Crexendo, Inc. provides unified cloud communication, communications as a service, call center, collaboration, and other cloud business services for businesses in the United States, Canada, and internationally. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Crexendo's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CXDO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CXDO's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

0.3%

CXDO

-1.5%

US IT

0.3%

US Market


1 Year Return

49.6%

CXDO

21.2%

US IT

21.1%

US Market

Return vs Industry: CXDO exceeded the US IT industry which returned 20.7% over the past year.

Return vs Market: CXDO exceeded the US Market which returned 19.5% over the past year.


Shareholder returns

CXDOIndustryMarket
7 Day0.3%-1.5%0.3%
30 Day-2.2%-2.7%3.3%
90 Day12.3%8.7%14.2%
1 Year49.6%49.6%22.4%21.2%23.8%21.1%
3 Year134.3%134.3%85.2%78.1%45.0%35.4%
5 Year949.3%949.3%211.4%189.9%127.7%102.3%

Long-Term Price Volatility Vs. Market

How volatile is Crexendo's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Crexendo undervalued compared to its fair value and its price relative to the market?

104.6x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CXDO ($7.03) is trading above our estimate of fair value ($5.58)

Significantly Below Fair Value: CXDO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CXDO is poor value based on its PE Ratio (104.6x) compared to the US IT industry average (36.9x).

PE vs Market: CXDO is poor value based on its PE Ratio (104.6x) compared to the US market (21x).


Price to Earnings Growth Ratio

PEG Ratio: CXDO is poor value based on its PEG Ratio (2.7x)


Price to Book Ratio

PB vs Industry: CXDO is overvalued based on its PB Ratio (7.6x) compared to the US IT industry average (4.9x).


Next Steps

Future Growth

How is Crexendo forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

38.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CXDO's forecast earnings growth (38.4% per year) is above the savings rate (2%).

Earnings vs Market: CXDO's earnings (38.4% per year) are forecast to grow faster than the US market (21.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CXDO's revenue (17% per year) is forecast to grow faster than the US market (10.3% per year).

High Growth Revenue: CXDO's revenue (17% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CXDO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Crexendo performed over the past 5 years?

72.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CXDO has a high level of non-cash earnings.

Growing Profit Margin: CXDO's current net profit margins (6.4%) are lower than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: CXDO has become profitable over the past 5 years, growing earnings by 72.7% per year.

Accelerating Growth: CXDO's earnings growth over the past year (11.2%) is below its 5-year average (72.7% per year).

Earnings vs Industry: CXDO earnings growth over the past year (11.2%) exceeded the IT industry 4.2%.


Return on Equity

High ROE: CXDO's Return on Equity (6.2%) is considered low.


Next Steps

Financial Health

How is Crexendo's financial position?


Financial Position Analysis

Short Term Liabilities: CXDO's short term assets ($17.4M) exceed its short term liabilities ($3.7M).

Long Term Liabilities: CXDO's short term assets ($17.4M) exceed its long term liabilities ($2.4M).


Debt to Equity History and Analysis

Debt Level: CXDO's debt to equity ratio (18.3%) is considered satisfactory.

Reducing Debt: CXDO's debt to equity ratio has increased from 0.8% to 18.3% over the past 5 years.

Debt Coverage: CXDO's debt is well covered by operating cash flow (30.5%).

Interest Coverage: CXDO's interest payments on its debt are well covered by EBIT (22.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Crexendo current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CXDO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CXDO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CXDO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CXDO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: CXDO is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CXDO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Steve Mihaylo (77 yo)

12.17yrs

Tenure

US$72,027

Compensation

Mr. Steven G. Mihaylo, also known as Steve, has been the Chief Executive Officer of Crexendo, Inc. since November 6, 2008. He has more than 40 years of experience in the industry. Mr. Mihaylo serves as the...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD72.03K) is below average for companies of similar size in the US market ($USD534.46K).

Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Steven Mihaylo
Chairman of the Board & CEO12.17yrsUS$72.03k55.66%
$ 70.3m
Douglas Gaylor
COO & President8.67yrsUS$349.45k0.047%
$ 59.7k
Ronald Vincent
Chief Financial Officer8.75yrsUS$263.18k0.074%
$ 93.7k
Jeffrey Korn
Secretary & General Counsel3.92yrsno datano data
Neil Lichtman
Executive Vice President of Sales & Marketing3.25yrsno datano data
Jon Brinton
Chief Revenue Officer0.17yrno datano data

6.3yrs

Average Tenure

58.5yo

Average Age

Experienced Management: CXDO's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Steven Mihaylo
Chairman of the Board & CEO12.17yrsUS$72.03k55.66%
$ 70.3m
Todd Goergen
Independent Director14.17yrsUS$25.00k2.03%
$ 2.6m
Anil Puri
Independent Director11.17yrsUS$25.00k0.075%
$ 94.9k
David Williams
Independent Director12.67yrsUS$25.00k0.11%
$ 140.6k
Jeffrey Bash
Independent Director7.42yrsUS$25.00k0.95%
$ 1.2m

11.2yrs

Average Tenure

71yo

Average Age

Experienced Board: CXDO's board of directors are seasoned and experienced ( 11.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 19.5%.


Top Shareholders

Company Information

Crexendo, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Crexendo, Inc.
  • Ticker: CXDO
  • Exchange: NasdaqCM
  • Founded: 1995
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: US$126.282m
  • Shares outstanding: 17.96m
  • Website: https://www.crexendo.com

Number of Employees


Location

  • Crexendo, Inc.
  • 1615 South 52nd Street
  • Tempe
  • Arizona
  • 85281
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CXDONasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 1998

Biography

Crexendo, Inc. provides unified cloud communication, communications as a service, call center, collaboration, and other cloud business services for businesses in the United States, Canada, and internationa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/20 00:26
End of Day Share Price2021/01/19 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.