Crexendo, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $68.2M | $60.8M | $53.2M | $37.6M | $28.1M | $16.4M | $14.4M | $11.9M |
| Cost of Revenue | — | — | — | — | — | $4.9M | $4.4M | — |
| Gross Profit | — | — | — | — | — | $11.4M | $10.1M | — |
| Gross Margin | — | — | — | — | — | 69.8% | 69.9% | — |
| Operating Expenses | ||||||||
| Research & Development | $5.7M | $5.6M | $4.9M | $4.0M | $1.4M | $1.2M | $853.0K | $801.0K |
| SG&A Expense | $14.7M | $13.8M | $13.8M | $12.9M | $10.6M | $5.1M | $4.2M | $4.1M |
| Operating Income | $4.7M | $1.8M | $-1.7M | $-37.4M | $-2.8M | $991.0K | $1.1M | $-206.0K |
| Operating Margin | 6.9% | 3.0% | -3.2% | -99.6% | -10.0% | 6.0% | 7.9% | -1.7% |
| Interest Expense | — | — | $115.0K | $78.0K | $84.0K | $76.0K | $12.0K | $12.0K |
| Pretax Income | $5.4M | $1.9M | $-264.0K | $-36.2M | $-2.9M | $1.9M | $1.1M | $-208.0K |
| Income Tax Expense | $300.0K | $212.0K | $98.0K | $-762.0K | $-465.0K | $6.0M | $6.0K | $15.0K |
| Net Income | $5.1M | $1.7M | $-362.0K | $-35.4M | $-2.4M | $7.9M | $1.1M | $-223.0K |
| Net Margin | 7.4% | 2.8% | -0.7% | -94.3% | -8.7% | 48.5% | 7.9% | -1.9% |
| EPS (Basic) | $0.17 | $0.06 | $-0.01 | $-1.54 | $-0.12 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | $0.16 | $0.06 | $-0.01 | $-1.54 | $-0.12 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 29.7M | 26.8M | 25.9M | 22.94B | 20.28B | 18.35B | 16.96B | 16.68B |
| Shares Outstanding (Diluted) | 31.6M | 30.0M | 25.9M | 22.94B | 20.28B | 20.28B | 18.11B | 16.68B |
| Dividends Per Share | — | — | — | — | — | — | — | — |