crexendo inc. is a full-service cloud telephone system provider that delivers productivity enhancing tools and cost savings to customers ranging in size from smb to mid-sized enterprise; including free call center, reports, and unified communications. our services are designed to make businesses more efficient at affordable monthly rates that are typically 20-60% less than their current telecom expenses. crexendo is fully committed to the reliability and security of our cloud systems. starting with a world-class data center featuring multiple levels of redundancy and the highest level of security defenses, every facet of our development is benchmarked against the maximum security and reliability standards. crexendo is pci compliant, and is a registered clec across the united states and canada. for more information about crexendo products visit www.crexendo.com.
Company profile
Ticker
CXDO
Exchange
Website
CEO
Steven G. Mihaylo
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
IMERGENT INC, NETGATEWAY INC
SEC CIK
Corporate docs
Subsidiaries
Allegiant Networks, LLC • Crexendo Business Solutions, Inc. • Crexendo International, Inc. • Crexendo Business Solutions of Virginia, Inc. • NetSapiens, LLC • NetSapiens Canada, Inc. • NetSapiens International Limited • NSHC, Inc. ...
IRS number
870591719
CXDO stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
8 Apr 24
8-K
Regulation FD Disclosure
11 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
8-K
Crexendo Announces Fourth Quarter and Fiscal Year 2023 Record Results
5 Mar 24
8-K
Departure of Directors or Certain Officers
9 Feb 24
8-K
Departure of Directors or Certain Officers
24 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Crexendo Announces Third Quarter 2023 Results
9 Nov 23
8-K
Regulation FD Disclosure
11 Sep 23
8-K
Entry into a Material Definitive Agreement
14 Aug 23
Transcripts
CXDO
Earnings call transcript
2023 Q4
5 Mar 24
CXDO
Earnings call transcript
2023 Q3
9 Nov 23
CXDO
Earnings call transcript
2023 Q2
10 Aug 23
CXDO
Earnings call transcript
2023 Q1
9 May 23
CXDO
Earnings call transcript
2022 Q4
14 Mar 23
CXDO
Earnings call transcript
2022 Q3
12 Nov 22
CXDO
Earnings call transcript
2022 Q2
13 Aug 22
CXDO
Earnings call transcript
2022 Q1
15 May 22
CXDO
Earnings call transcript
2021 Q4
22 Mar 22
CXDO
Earnings call transcript
2021 Q3
14 Nov 21
Latest ownership filings
144
Notice of proposed sale of securities
19 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
4
David Tzat-kin Wang
14 Mar 24
4
Anand Buch
12 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
144
Notice of proposed sale of securities
8 Mar 24
4
David Roy Williams
7 Mar 24
4
Anil K. Puri
7 Mar 24
4
STEVEN G MIHAYLO
7 Mar 24
4
Todd Andrew Goergen
7 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.74 mm | 7.74 mm | 7.74 mm | 7.74 mm | 7.74 mm | 7.74 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 2.91 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 19.96 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | -12.22 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | -4.2 | n/a | n/a |
Institutional ownership, Q3 2023
8.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 28 |
Opened positions | 6 |
Closed positions | 1 |
Increased positions | 4 |
Reduced positions | 6 |
13F shares | Current |
---|---|
Total value | 4.61 bn |
Total shares | 2.28 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Bard Associates | 623.14 k | $1.31 bn |
Creative Planning | 530.60 k | $1.12 bn |
Vanguard | 396.55 k | $836.73 mm |
Essex Investment Management | 264.89 k | $558.91 mm |
Geode Capital Management | 86.31 k | $182.18 mm |
Renaissance Technologies | 68.70 k | $145.00 k |
Orin Green Financial | 48.92 k | $103.23 mm |
Traynor Capital Management | 44.77 k | $94.47 mm |
IFP Advisors | 40.17 k | $84.76 mm |
BLK Blackrock | 30.20 k | $63.72 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Wang David Tzat-kin | Common Stock | Sell | Dispose S | No | No | 5.5096 | 20,000 | 110.19 k | 437,402 |
12 Mar 24 | Wang David Tzat-kin | Common Stock | Option exercise | Acquire M | No | No | 0 | 20,000 | 0.00 | 457,402 |
12 Mar 24 | Wang David Tzat-kin | NQSO Common Stock | Option exercise | Dispose M | No | No | 0 | 20,000 | 0.00 | 804,453 |
8 Mar 24 | Anand Buch | Common Stock | Sell | Dispose S | No | No | 5.91 | 32,400 | 191.48 k | 545,402 |
8 Mar 24 | Anand Buch | Common Stock | Option exercise | Acquire M | No | No | 0 | 32,400 | 0.00 | 577,802 |
8 Mar 24 | Anand Buch | NQSO Common Stock | Option exercise | Dispose M | No | No | 0 | 32,400 | 0.00 | 1,067,964 |
5 Mar 24 | Gaylor Douglas Walter | RSU Common Stock | Grant | Acquire A | No | No | 0 | 50,000 | 0.00 | 50,000 |
5 Mar 24 | Jeffrey G Korn | RSU Common Stock | Grant | Acquire A | No | No | 0 | 60,000 | 0.00 | 60,000 |
5 Mar 24 | Vincent Ron | RSU Common Stock | Grant | Acquire A | No | No | 0 | 50,000 | 0.00 | 50,000 |
News
Why United Natural Foods Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
6 Mar 24
Lake Street Maintains Buy on Crexendo, Raises Price Target to $7
6 Mar 24
Box Reports Upbeat Earnings, Joins American Public Education, Wave Life Sciences And Other Big Stocks Moving Higher On Wednesday
6 Mar 24
B. Riley Securities Reiterates Neutral on Crexendo, Maintains $6.75 Price Target
6 Mar 24
Earnings Scheduled For March 5, 2024
5 Mar 24
Press releases
Crexendo Growth Surges with Four and a Half Million Users on its Software Platform With Platform Growing At Nearly Twice The Industry Average
16 Apr 24
Crexendo to Present at the AI & Technology Hybrid Investor Conference Presented by Water Tower Research on April 10
4 Apr 24
Crexendo(R) Ranked #1 in 19 Customer Satisfaction Categories in G2's Spring 2024 Reports, Marking the Fifth Consecutive Quarter That Crexendo Has Been Rated First in Multiple Satisfaction Categories
2 Apr 24
Crexendo to Present at The LD Micro Invitational XIV
27 Mar 24
Crexendo's NetSapiens Platform Powers Reinvent Telecom's Next-Generation Communications & Collaboration Platform
11 Mar 24