CXDO Financial Statements

Balance sheet, income statement, cash flow, and dividends for Crexendo Inc (CXDO).


$126.27M Market Cap.

As of 03/05/2024 5:00 PM ET (MRY) • Disclaimer

CXDO Market Cap. (MRY)


CXDO Shares Outstanding (MRY)


CXDO Assets (MRY)


Total Assets

$56.16M

Total Liabilities

$11.55M

Total Investments

$2.62M

CXDO Income (MRY)


Revenue

$53.20M

Net Income

-$362.00K

Operating Expense

$33.32M

CXDO Cash Flow (MRY)


CF Operations

$3.50M

CF Investing

$3.70M

CF Financing

-$2.31M

CXDO Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2023

$0.01

0.10%

-75.00%

-50.00%

-2.00

2022

$0.02

1.10%

0%

-1.30%

-77.00

2021

$0

0%

0%

0%

-

2020

$0

0%

0%

0%

-

2019

$0

0%

-

0%

-

CXDO Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$56,160,000 (0.95%)

$55,634,000 (-27.89%)

$77,152,000 (151.27%)

$30,705,000 (294.51%)

Assets Current

$17,291,000 (43.71%)

$12,032,000 (4.08%)

$11,560,000 (-41.56%)

$19,781,000 (245.16%)

Assets Non-Current

$38,869,000 (-10.86%)

$43,602,000 (-33.53%)

$65,592,000 (500.44%)

$10,924,000 (432.36%)

Goodwill & Intangible Assets

$33,010,000 (-8.76%)

$36,179,000 (-38.82%)

$59,133,000 (11184.92%)

$524,000 (-28.90%)

Shareholders Equity

$44,613,000 (7.61%)

$41,459,000 (-37.12%)

$65,933,000 (155.91%)

$25,764,000 (487.28%)

Property Plant & Equipment Net

$1,679,000 (-61.81%)

$4,396,000 (24.85%)

$3,521,000 (28.74%)

$2,735,000 (1227.67%)

Cash & Equivalents

$10,347,000 (88.99%)

$5,475,000 (-26.69%)

$7,468,000 (-57.76%)

$17,679,000 (313.06%)

Accumulated Other Comprehensive Income

$166,000 (-11.23%)

$187,000 (1458.33%)

$12,000 (0%)

$0 (0%)

Deferred Revenue

$2,390,000 (-28.40%)

$3,338,000 (21.91%)

$2,738,000 (251.93%)

$778,000 (-1.64%)

Total Investments

$2,624,000 (38.84%)

$1,890,000 (469.28%)

$332,000 (16.08%)

$286,000 (100.00%)

Investments Current

$856,000 (34.80%)

$635,000 (91.27%)

$332,000 (16.08%)

$286,000 (100.00%)

Investments Non-Current

$1,768,000 (40.88%)

$1,255,000 (0%)

$0 (0%)

$0 (0%)

Inventory

$382,000 (-43.74%)

$679,000 (193.94%)

$231,000 (-54.17%)

$504,000 (31.94%)

Trade & Non-Trade Receivables

$3,818,000 (5.62%)

$3,615,000 (15.90%)

$3,119,000 (116.00%)

$1,444,000 (52.48%)

Trade & Non-Trade Payables

$769,000 (-36.24%)

$1,206,000 (153.36%)

$476,000 (750.00%)

$56,000 (-34.88%)

Accumulated Retained Earnings (Deficit)

-$88,467,000 (-0.59%)

-$87,946,000 (-67.41%)

-$52,533,000 (-4.88%)

-$50,088,000 (13.68%)

Tax Assets

$0 (0%)

$0 (0%)

$997,000 (-83.54%)

$6,058,000 (151350.00%)

Tax Liabilities

$53,000 (-32.91%)

$79,000 (229.17%)

$24,000 (0%)

$0 (0%)

Total Debt

$2,186,000 (-50.49%)

$4,415,000 (58.41%)

$2,787,000 (37.36%)

$2,029,000 (1114.97%)

Debt Current

$1,098,000 (25.06%)

$878,000 (-63.87%)

$2,430,000 (2305.94%)

$101,000 (26.25%)

Debt Non-Current

$1,088,000 (-69.24%)

$3,537,000 (890.76%)

$357,000 (-81.48%)

$1,928,000 (2116.09%)

Total Liabilities

$11,547,000 (-18.54%)

$14,175,000 (26.35%)

$11,219,000 (127.06%)

$4,941,000 (45.49%)

Liabilities Current

$10,261,000 (-1.25%)

$10,391,000 (-1.71%)

$10,572,000 (312.49%)

$2,563,000 (-11.19%)

Liabilities Non-Current

$1,286,000 (-66.01%)

$3,784,000 (484.85%)

$647,000 (-72.79%)

$2,378,000 (366.27%)

CXDO Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$53,199,000 (41.66%)

$37,554,000 (33.68%)

$28,092,000 (71.43%)

$16,387,000 (13.51%)

Cost of Revenue

$21,564,000 (57.59%)

$13,684,000 (28.37%)

$10,660,000 (115.48%)

$4,947,000 (13.70%)

Selling General & Administrative Expense

$28,464,000 (15.57%)

$24,629,000 (30.69%)

$18,846,000 (103.52%)

$9,260,000 (14.36%)

Research & Development Expense

$4,860,000 (22.88%)

$3,955,000 (183.31%)

$1,396,000 (17.41%)

$1,189,000 (39.39%)

Operating Expenses

$33,324,000 (-45.60%)

$61,262,000 (202.65%)

$20,242,000 (93.72%)

$10,449,000 (16.75%)

Interest Expense

$115,000 (47.44%)

$78,000 (-7.14%)

$84,000 (10.53%)

$76,000 (533.33%)

Income Tax Expense

$98,000 (112.86%)

-$762,000 (-63.87%)

-$465,000 (92.30%)

-$6,041,000 (-100783.33%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$362,000 (98.98%)

-$35,413,000 (-1348.38%)

-$2,445,000 (-130.79%)

$7,940,000 (597.10%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$362,000 (98.98%)

-$35,413,000 (-1348.38%)

-$2,445,000 (-130.79%)

$7,940,000 (597.10%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$362,000 (98.98%)

-$35,413,000 (-1348.38%)

-$2,445,000 (-130.79%)

$7,940,000 (597.10%)

Weighted Average Shares

$25,944,748 (13.10%)

$22,939,514 (13.14%)

$20,275,691 (28.59%)

$15,767,874 (8.22%)

Weighted Average Shares Diluted

$25,944,748 (13.10%)

$22,939,514 (13.14%)

$20,275,691 (16.39%)

$17,420,476 (11.96%)

Earning Before Interest & Taxes (EBIT)

-$149,000 (99.59%)

-$36,097,000 (-1177.32%)

-$2,826,000 (-243.09%)

$1,975,000 (70.70%)

Gross Profit

$31,635,000 (32.53%)

$23,870,000 (36.93%)

$17,432,000 (52.38%)

$11,440,000 (13.44%)

Operating Income

-$1,689,000 (95.48%)

-$37,392,000 (-1230.68%)

-$2,810,000 (-383.55%)

$991,000 (-12.69%)

CXDO Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

$3,700,000 (317.26%)

-$1,703,000 (82.74%)

-$9,867,000 (-971.34%)

-$921,000 (-1179.17%)

Net Cash Flow from Financing

-$2,306,000 (-4170.37%)

-$54,000 (-108.31%)

$650,000 (-95.25%)

$13,673,000 (1687.32%)

Net Cash Flow from Operations

$3,499,000 (951.34%)

-$411,000 (59.15%)

-$1,006,000 (-255.49%)

$647,000 (-60.50%)

Net Cash Flow / Change in Cash & Cash Equivalents

$4,872,000 (344.46%)

-$1,993,000 (80.48%)

-$10,211,000 (-176.21%)

$13,399,000 (474.82%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

-$1,414,000 (85.52%)

-$9,766,000 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

$3,700,000 (1380.28%)

-$289,000 (-186.14%)

-$101,000 (89.03%)

-$921,000 (-1179.17%)

Issuance (Repayment) of Debt Securities

-$2,153,000 (-1724.58%)

-$118,000 (30.59%)

-$170,000 (-118.62%)

$913,000 (1186.90%)

Issuance (Purchase) of Equity Shares

$241,000 (-70.47%)

$816,000 (-52.81%)

$1,729,000 (-86.51%)

$12,814,000 (1409.31%)

Payment of Dividends & Other Cash Distributions

-$130,000 (71.86%)

-$462,000 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$21,000 (-112.00%)

$175,000 (1358.33%)

$12,000 (0%)

$0 (0%)

Share Based Compensation

$3,849,000 (-12.00%)

$4,374,000 (168.67%)

$1,628,000 (161.32%)

$623,000 (56.14%)

Depreciation Amortization & Accretion

$3,569,000 (31.02%)

$2,724,000 (67.53%)

$1,626,000 (530.23%)

$258,000 (174.47%)

CXDO Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

59.50% (-6.45%)

63.60% (2.42%)

62.10% (-11.03%)

69.80% (-0.14%)

Profit Margin

-0.70% (99.26%)

-94.30% (-983.91%)

-8.70% (-117.94%)

48.50% (513.92%)

EBITDA Margin

6.40% (107.20%)

-88.90% (-1967.44%)

-4.30% (-131.62%)

13.60% (56.32%)

Return on Average Equity (ROAE)

-0.90% (98.48%)

-59.20% (-1245.45%)

-4.40% (-107.26%)

60.60% (78.24%)

Return on Average Assets (ROAA)

-0.70% (98.60%)

-49.90% (-1248.65%)

-3.70% (-108.67%)

42.70% (161.96%)

Return on Sales (ROS)

-0.30% (99.69%)

-96.10% (-851.49%)

-10.10% (-183.47%)

12.10% (51.25%)

Return on Invested Capital (ROIC)

-2.00% (99.62%)

-522.60% (-1689.73%)

-29.20% (-204.29%)

28.00% (-59.00%)

Dividend Yield

0.10% (-90.91%)

1.10% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-485 (-39203.08%)

-1.23 (97.04%)

-41.67 (-400.63%)

13.86 (-73.91%)

Price to Sales Ratio (P/S)

2.37 (103.70%)

1.16 (-67.83%)

3.61 (-45.88%)

6.67 (55.43%)

Price to Book Ratio (P/B)

2.83 (171.33%)

1.04 (-36.56%)

1.64 (-65.98%)

4.83 (-66.10%)

Debt to Equity Ratio (D/E)

0.26 (-24.27%)

0.34 (101.18%)

0.17 (-11.46%)

0.19 (-75.19%)

Earnings Per Share (EPS)

-0.01 (99.35%)

-1.54 (-1183.33%)

-0.12 (-124.00%)

0.5 (525.00%)

Sales Per Share (SPS)

2.05 (25.23%)

1.64 (18.11%)

1.39 (33.40%)

1.04 (4.84%)

Free Cash Flow Per Share (FCFPS)

0.28 (993.55%)

-0.03 (43.64%)

-0.06 (-223.53%)

-0.02 (-115.89%)

Book Value Per Share (BVPS)

1.72 (-4.81%)

1.81 (-44.43%)

3.25 (99.02%)

1.63 (442.86%)

Tangible Assets Book Value Per Share (TABVPS)

0.89 (5.19%)

0.85 (-4.61%)

0.89 (-53.55%)

1.91 (295.45%)

Enterprise Value Over EBIT (EV/EBIT)

-812 (-81100.00%)

-1 (97.30%)

-37 (-164.91%)

57 (9.62%)

Enterprise Value Over EBITDA (EV/EBITDA)

35.38 (2990.77%)

-1.22 (98.58%)

-86.45 (-272.23%)

50.2 (4.36%)

Asset Turnover

0.97 (83.55%)

0.53 (25.06%)

0.42 (-51.99%)

0.88 (-57.44%)

Current Ratio

1.69 (45.51%)

1.16 (5.95%)

1.09 (-85.84%)

7.72 (288.62%)

Dividends

$0.01 (-75.00%)

$0.02 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

$7,199,000 (1128.43%)

-$700,000 (36.77%)

-$1,107,000 (-304.01%)

-$274,000 (-117.50%)

Enterprise Value (EV)

$121,008,829 (196.16%)

$40,858,717 (-60.62%)

$103,742,070 (-7.45%)

$112,089,212 (86.28%)

Earnings Before Tax (EBT)

-$264,000 (99.27%)

-$36,175,000 (-1143.13%)

-$2,910,000 (-253.24%)

$1,899,000 (65.85%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$3,420,000 (110.25%)

-$33,373,000 (-2681.08%)

-$1,200,000 (-153.74%)

$2,233,000 (78.50%)

Invested Capital

$4,728,000 (-40.93%)

$8,004,000 (189.37%)

$2,766,000 (-76.89%)

$11,968,000 (25363.83%)

Working Capital

$7,030,000 (328.40%)

$1,641,000 (66.09%)

$988,000 (-94.26%)

$17,218,000 (505.20%)

Tangible Asset Value

$23,150,000 (18.99%)

$19,455,000 (7.97%)

$18,019,000 (-40.30%)

$30,181,000 (328.34%)

Market Capitalization

$126,267,829 (192.04%)

$43,236,717 (-60.12%)

$108,426,070 (-12.90%)

$124,485,212 (99.06%)

Average Equity

$42,564,500 (-28.88%)

$59,846,000 (6.63%)

$56,127,500 (328.15%)

$13,109,250 (291.23%)

Average Assets

$54,814,500 (-22.77%)

$70,980,000 (6.79%)

$66,469,500 (257.34%)

$18,601,250 (166.79%)

Invested Capital Average

$7,604,250 (10.09%)

$6,907,500 (-28.55%)

$9,668,000 (36.93%)

$7,060,750 (317.06%)

Shares

26,034,604 (14.41%)

22,756,167 (4.94%)

21,685,214 (20.72%)

17,963,234 (22.08%)