CXDO Nasdaq Telephone Communications (No Radiotelephone) Financials FY2016βFY2025
Crexendo, Inc. had $68.2M of revenue in fiscal 2025, up 12.0% on the year before. Over five years, revenue changed +33.0% a year on average.
Last close Β· Oct 23, 2026
$5.75
0.5%Hi! I read Crexendo, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+12.0%
Yes. Sales grew 12.0% last year.
Does it make a profit?
7.4%
A little. It keeps 7.4% of every sale as profit.
Does profit turn into cash?
13.6%
Yes. 13.6% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
How is the share priced?
41.1x
One share costs 41.1 times its yearly profit per share.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· Crexendo, Inc. had $68.2M of revenue in fiscal 2025, up 12.0% on the year before. Over five years, revenue changed +33.0% a year on average. Its operating margin was 6.9%, up 3.9Β pts: of every 100 in sales, about 7 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· Crexendo, Inc. made $5.1M of net profit in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was $9.3M in fiscal 2025, 13.6% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· In the last 12 months, insiders bought $0.1M and sold $26.3M of shares on the open market.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.1M
1 insider
Sold, 12 months
$26.3M
8 insiders
Of sales under plans
12%
$3.2M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 27, 2026 | David Tzat-kin WangChief Technology Officer | Sold | 25,000 | $6.50 | $0.2M | Form 4 |
| Jun 15, 2026 | David Tzat-kin WangChief Technology Officer | Sold | 25,000 | $7.49 | $0.2M | Form 4 |
| Jun 12, 2026 | David Tzat-kin WangChief Technology Officer | Sold | 25,000 | $7.39 | $0.2M | Form 4 |
| Jun 2, 2026 | Steven G MihayloDirector, 10% owner | Sold | 514,352 | $10.18 | $5.2M | Form 4 |
| Jun 2, 2026 | Douglas Walter GaylorChief Operating Officer | Sold | 5,000 | $10.35 | $0.1M | Form 4 |
| Jun 2, 2026 | David Tzat-kin WangChief Technology Officer | Sold | 25,000 | $10.01 | $0.3M | Form 4 |
| Jun 1, 2026 | Douglas Walter GaylorChief Operating Officer | Sold | 20,000 | $9.99 | $0.2M | Form 4 |
| Jun 1, 2026 | Jon BrintonChief Revenue Officer | Sold plan | 20,000 | $10.69 | $0.2M | Form 4 |
| Jun 1, 2026 | Ron VincentChief Financial Officer | Sold | 90,000 | $10.03 | $0.9M | Form 4 |
| Jun 1, 2026 | Steven G MihayloDirector, 10% owner | Sold | 1,141,965 | $10.46 | $11.9M | Form 4 |
| May 29, 2026 | Steven G MihayloDirector, 10% owner | Sold | 17,068 | $10.09 | $0.2M | Form 4 |
| May 29, 2026 | Jon BrintonChief Revenue Officer | Sold plan | 10,000 | $9.99 | $0.1M | Form 4 |
| May 29, 2026 | Douglas Walter GaylorChief Operating Officer | Sold | 55,000 | $10.00 | $0.6M | Form 4 |
| May 28, 2026 | Jeffrey G KornChief Executive Officer | Sold | 27,000 | $9.94 | $0.3M | Form 4 |
| May 27, 2026 | Jeffrey G KornChief Executive Officer | Sold | 8,500 | $9.94 | $0.1M | Form 4 |
| May 26, 2026 | Ron VincentChief Financial Officer | Sold | 46,000 | $9.84 | $0.5M | Form 4 |
| May 26, 2026 | Jon BrintonChief Revenue Officer | Sold plan | 5,000 | $9.85 | $0.0M | Form 4 |
| May 26, 2026 | Jeffrey G KornChief Executive Officer | Sold | 39,500 | $9.95 | $0.4M | Form 4 |
| May 22, 2026 | Ron VincentChief Financial Officer | Sold | 29,000 | $9.77 | $0.3M | Form 4 |
| May 18, 2026 | Anil K. PuriDirector | Sold | 3,400 | $9.44 | $0.0M | Form 4 |
| May 14, 2026 | Douglas Walter GaylorChief Operating Officer | Sold | 10,000 | $9.52 | $0.1M | Form 4 |
| May 14, 2026 | Jon BrintonChief Revenue Officer | Sold plan | 10,000 | $9.65 | $0.1M | Form 4 |
| May 8, 2026 | Steven G MihayloDirector | Sold | 25,000 | $9.17 | $0.2M | Form 4 |
| May 7, 2026 | Ron VincentChief Financial Officer | Sold plan | 1,450 | $9.75 | $0.0M | Form 4 |
| May 6, 2026 | Jon BrintonChief Revenue Officer | Sold plan | 114,795 | $9.14 | $1.0M | Form 4 |
| May 6, 2026 | Ron VincentChief Financial Officer | Sold plan | 33,550 | $9.36 | $0.3M | Form 4 |
| May 6, 2026 | Douglas Walter GaylorChief Operating Officer | Sold plan | 20,000 | $9.37 | $0.2M | Form 4 |
| May 6, 2026 | Jeffrey G KornChief Executive Officer | Sold plan | 10,000 | $9.00 | $0.1M | Form 4 |
| May 5, 2026 | Douglas Walter GaylorChief Operating Officer | Sold plan | 10,000 | $8.66 | $0.1M | Form 4 |
| May 5, 2026 | Jeffrey G KornChief Executive Officer | Sold plan | 10,000 | $8.50 | $0.1M | Form 4 |
| May 5, 2026 | Ron VincentChief Financial Officer | Sold plan | 10,000 | $8.63 | $0.1M | Form 4 |
| May 4, 2026 | Douglas Walter GaylorChief Operating Officer | Bought plan | 10,000 | $8.15 | $0.1M | Form 4 |
| May 4, 2026 | Jeffrey G KornChief Executive Officer | Sold plan | 20,000 | $8.16 | $0.2M | Form 4 |
| May 4, 2026 | Ron VincentChief Financial Officer | Sold plan | 18,989 | $8.14 | $0.2M | Form 4 |
| Mar 13, 2026 | Anand BuchChief Strategy Officer | Sold | 48,000 | $6.45 | $0.3M | Form 4 |
| Mar 11, 2026 | Anand BuchChief Strategy Officer | Sold | 40,000 | $6.74 | $0.3M | Form 4 |
| Mar 10, 2026 | Anand BuchChief Strategy Officer | Sold | 34,315 | $6.93 | $0.2M | Form 4 |
| Mar 10, 2026 | Steven G MihayloDirector, 10% owner | Sold | 19,994 | $7.03 | $0.1M | Form 4 |
| Mar 9, 2026 | David Tzat-kin WangChief Technology Officer | Sold | 20,482 | $7.00 | $0.1M | Form 4 |
| Mar 9, 2026 | Steven G MihayloDirector, 10% owner | Sold | 10,000 | $7.05 | $0.1M | Form 4 |
| Mar 6, 2026 | Steven G MihayloDirector, 10% owner | Sold | 35,000 | $6.85 | $0.2M | Form 4 |
| Nov 12, 2025 | Douglas Walter GaylorChief Operating Officer | Sold plan | 6,000 | $7.51 | $0.0M | Form 4 |
| Nov 11, 2025 | Ron VincentChief Financial Officer | Sold plan | 10,000 | $7.38 | $0.1M | Form 4 |
| Nov 11, 2025 | Douglas Walter GaylorChief Operating Officer | Sold plan | 4,000 | $7.50 | $0.0M | Form 4 |
| Nov 11, 2025 | Jeffrey G KornChief Executive Officer | Sold plan | 10,000 | $7.25 | $0.1M | Form 4 |
| Nov 10, 2025 | Douglas Walter GaylorChief Operating Officer | Sold plan | 10,000 | $7.17 | $0.1M | Form 4 |
| Nov 5, 2025 | Ron VincentChief Financial Officer | Sold plan | 15,000 | $7.05 | $0.1M | Form 4 |
| Nov 5, 2025 | Jeffrey G KornChief Executive Officer | Sold plan | 10,000 | $7.14 | $0.1M | Form 4 |
Can it carry its debts, and how well does it use its money?
KIRA Β· Crexendo, Inc. has $31.3M more cash than debt.
Cash, debt and the ratios that show how comfortably Crexendo, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $7.5M | $5.5M | $10.3M | $18.2M | $31.4M |
| Debt incl. finance leases | $2.1M | $1.2M | β | $0.6M | $0.1M |
| Net debt / EBITDA | β0.0x | β | β | β8.3x | β6.4x |
| Debt / equity | 0.0x | 0.0x | β | 0.0x | 0.0x |
| Interest coverage | β33.5x | β479.4x | β14.7x | β | β |
| Current ratio | 1.1x | 1.2x | 1.7x | 2.2x | 3.4x |
| Quick ratio | 1.1x | 1.1x | 1.6x | 2.2x | 3.4x |
| Total assets | $77.2M | $55.6M | $56.2M | $64.9M | $77.7M |
| Total liabilities | $11.2M | $14.2M | $11.5M | $13.5M | $13.9M |
| Shareholders' equity | $65.9M | $41.5M | $44.6M | $51.4M | $63.8M |
| Net debt (β = net cash) | β$5.4M | β$4.2M | β | β$17.6M | β$31.3M |
KIRA Β· Its return on capital was 13.6%: every 100 invested in the business earned about 14 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· Crexendo, Inc. passes 6 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 7 / 9 | 5 / 8 | 5 / 7 | 4 / 8 | 2 / 8 | 5 / 8 | 5 / 7 | 5 / 7 | 6 / 8 |
| Accruals ratio | β47.2% | β33.6% | β16.3% | β8.1% | 37.9% | β2.7% | β52.7% | β6.9% | β7.6% | β5.9% |
| Altman Z'' | β58.69 | β50.31 | β39.98 | β19.57 | 4.05 | 3.79 | β6.37 | β0.50 | 1.32 | 4.31 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $9.1M | $10.2M | $11.9M | $14.4M | $16.4M | $28.1M | $37.6M | $53.2M | $60.8M | $68.2M |
| Net interest income | β | β | β | β | β | β | β | β$0.1M | β$0.0M | β$0.0M |
| Gross profit | $5.5M | $9.6M | β | $10.1M | $11.4M | β | β | β | β | β |
| Research and development | $0.8M | $0.8M | $0.8M | $0.9M | $1.2M | $1.4M | $4.0M | $4.9M | $5.6M | $5.7M |
| Operating income | β$2.8M | β$0.7M | β$0.2M | $1.1M | $1.0M | β$2.8M | β$37.4M | β$1.7M | $1.8M | $4.7M |
| Interest expense | $0.1M | $0.2M | $0.0M | $0.0M | $0.1M | $0.1M | $0.1M | $0.1M | β | β |
| Pretax income | β$2.8M | β$1.0M | β$0.2M | $1.1M | $1.9M | β$2.9M | β$36.2M | β$0.3M | $1.9M | $5.4M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | $6.0M | β$0.5M | β$0.8M | $0.1M | $0.2M | $0.3M |
| Net income | β$2.8M | β$0.9M | β$0.2M | $1.1M | $7.9M | β$2.4M | β$35.4M | β$0.4M | $1.7M | $5.1M |
| Diluted EPS | β$0.21 | β$0.07 | β$0.02 | $0.07 | $0.46 | β$0.12 | β$1.54 | β$0.01 | $0.06 | $0.16 |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.02B | 0.02B | 20.28B | 0.02B | 0.03B | 0.03B | 0.03B |
| Cash flow | ||||||||||
| Cash from operations | β$1.1M | $0.3M | $0.5M | $1.6M | $0.6M | β$1.0M | β$0.4M | $3.5M | $6.3M | $9.3M |
| Capital expenditure | β | β | β | β | β | $0.1M | $0.3M | $0.1M | $0.0M | $0.0M |
| Free cash flow | β | β | β | β | β | β$1.1M | β$0.7M | $3.4M | $6.3M | $9.3M |
| Depreciation and amortization | $0.1M | $0.1M | $0.1M | $0.1M | $0.3M | $235M | $0.3M | $0.4M | $0.3M | $0.2M |
| Stock-based compensation | $0.7M | $0.6M | $0.4M | $0.4M | $0.6M | $1.6M | $4.4M | $3.8M | $3.0M | $2.9M |
| Acquisitions | β | β | β | β | $0.2M | $9.8M | $1.4M | $0.0M | β | β |
| Dividends paid | β | β | β | β | β | $0.0M | $0.5M | $0.1M | $0.0M | β |
| Dividends and buybacks | β | β | β | β | β | $0.0M | $0.5M | $0.1M | $0.0M | β |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.0M | $1.3M | $1.8M | $4.2M | $17.7M | $7.5M | $5.5M | $10.3M | $18.2M | $31.4M |
| Total debt | $1.1M | $0.1M | $0.1M | β | $1.9M | $1.9M | $1.0M | β | $0.6M | $0.1M |
| Finance lease liabilities | β | β | $0.1M | $0.1M | $0.1M | $0.2M | $0.2M | $0.1M | $0.0M | $0.0M |
| Deposits | β | β | β | β | β | $0.0M | β | β | β | β |
| Current assets | $2.1M | $2.6M | $3.3M | $5.7M | $19.8M | $11.6M | $12.4M | $16.9M | $26.9M | $41.9M |
| Current liabilities | $2.0M | $1.7M | $2.0M | $2.9M | $2.6M | $10.6M | $10.4M | $10.3M | $12.1M | $12.3M |
| Inventory | $0.2M | $0.1M | $0.3M | $0.4M | $0.5M | $0.2M | $0.7M | $0.4M | $0.4M | $0.5M |
| Property and equipment, net | $0.0M | $0.0M | $0.1M | $0.2M | $2.7M | $3.0M | $3.3M | $0.7M | $0.4M | $0.2M |
| Goodwill | $0.3M | $0.3M | $0.3M | $0.3M | $0.3M | $37.0M | $9.5M | $9.5M | $9.5M | $9.5M |
| Intangible assets | $0.3M | $0.2M | $0.2M | $0.5M | $0.3M | $22.2M | $26.7M | $23.6M | $20.5M | $17.9M |
| Total assets | $3.5M | $3.7M | $4.5M | $7.8M | $30.7M | $77.2M | $55.6M | $56.2M | $64.9M | $77.7M |
| Total liabilities | $3.0M | $2.1M | $2.5M | $3.4M | $4.9M | $11.2M | $14.2M | $11.5M | $13.5M | $13.9M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $0.5M | $1.6M | $2.0M | $4.4M | $25.8M | $65.9M | $41.5M | $44.6M | $51.4M | $63.8M |
| Margins | ||||||||||
| Gross margin | 60.2% | 94.6% | β | 69.9% | 69.8% | β | β | β | β | β |
| Operating margin | β30.3% | β7.2% | β1.7% | 7.9% | 6.0% | β10.0% | β99.6% | β3.2% | 3.0% | 6.9% |
| EBITDA margin | β28.7% | β6.2% | β1.0% | 8.5% | 7.6% | 826.5% | β98.7% | β2.4% | 3.5% | 7.2% |
| Net margin | β30.6% | β9.1% | β1.9% | 7.9% | 48.5% | β8.7% | β94.3% | β0.7% | 2.8% | 7.4% |
| FCF margin | β | β | β | β | β | β3.9% | β1.9% | 6.4% | 10.3% | 13.6% |
| Net interest share of revenue | β | β | β | β | β | β | β | β0.2% | β0.1% | β0.0% |
| Returns | ||||||||||
| Return on capital | β133.2% | β135.8% | β78.6% | β | 6.4% | β3.7% | β79.8% | β | 4.8% | 13.6% |
| Return on capital employed | β179.4% | β36.4% | β8.1% | 23.2% | 3.5% | β4.2% | β82.6% | β3.7% | 3.5% | 7.2% |
| Return on equity | β542.1% | β86.6% | β12.3% | 35.7% | 52.7% | β5.3% | β66.0% | β0.8% | 3.5% | 8.8% |
| Return on assets | β79.0% | β25.6% | β5.4% | 18.5% | 41.3% | β4.5% | β53.3% | β0.6% | 2.8% | 7.1% |
| Return on tangible equity | β | β83.0% | β14.3% | 31.2% | 31.5% | β36.0% | β670.7% | β3.1% | 7.8% | 13.9% |
| Growth | ||||||||||
| Revenue growth | β | 11.7% | 16.9% | 21.2% | 13.5% | 71.4% | 33.7% | 41.7% | 14.4% | 12.0% |
| Net income growth | β | β | β | β | 597.1% | β130.8% | β | β | β | 202.4% |
| EPS growth | β | β | β | β | 557.1% | β126.1% | β | β | β | 166.7% |
| FCF growth | β | β | β | β | β | β | β | β | 83.7% | 48.3% |
| Share count change | β | 4.3% | 2.8% | 8.6% | 12.0% | 116,289.8% | β99.9% | 13.1% | 15.7% | 5.4% |
| Financial health | ||||||||||
| Net debt / EBITDA | β | β | β | β | β12.5x | β0.0x | β | β | β8.3x | β6.4x |
| Debt / equity | 2.2x | 0.0x | 0.0x | β | 0.1x | 0.0x | 0.0x | β | 0.0x | 0.0x |
| Interest coverage | β20.0x | β3.5x | β17.2x | 94.6x | 13.0x | β33.5x | β479.4x | β14.7x | β | β |
| Current ratio | 1.0x | 1.5x | 1.7x | 2.0x | 7.7x | 1.1x | 1.2x | 1.7x | 2.2x | 3.4x |
| Quick ratio | 0.9x | 1.5x | 1.5x | 1.9x | 7.5x | 1.1x | 1.1x | 1.6x | 2.2x | 3.4x |
| Capital allocation | ||||||||||
| Capex / revenue | β | β | β | β | β | 0.4% | 0.8% | 0.2% | 0.0% | 0.0% |
| Stock comp / revenue | 7.2% | 5.6% | 3.7% | 2.8% | 3.8% | 5.8% | 11.6% | 7.2% | 4.9% | 4.3% |
| Payouts / FCF | β | β | β | β | β | β | β | 3.8% | 0.0% | β |
| Quality scores | ||||||||||
| Piotroski F-score | β | 7.0 | 5.0 | 5.0 | 4.0 | 2.0 | 5.0 | 5.0 | 5.0 | 6.0 |
| Altman Z'' | β58.7 | β50.3 | β40.0 | β19.6 | 4.1 | 3.8 | β6.4 | β0.5 | 1.3 | 4.3 |
| Accruals ratio | β47.2% | β33.6% | β16.3% | β8.1% | 37.9% | β2.7% | β52.7% | β6.9% | β7.6% | β5.9% |
Source: SEC EDGAR XBRL filings (CIK 0001075736). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
