Crexendo Inc
NASDAQ:CXDO
Income Statement
Earnings Waterfall
Crexendo Inc
Revenue
|
53.2m
USD
|
Cost of Revenue
|
-15.9m
USD
|
Gross Profit
|
37.3m
USD
|
Operating Expenses
|
-39m
USD
|
Operating Income
|
-1.7m
USD
|
Other Expenses
|
1.3m
USD
|
Net Income
|
-362k
USD
|
Income Statement
Crexendo Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
10
N/A
|
9
-9%
|
8
-10%
|
8
-8%
|
8
-1%
|
7
-3%
|
8
+1%
|
8
+4%
|
8
N/A
|
8
+5%
|
9
+5%
|
9
+3%
|
9
+2%
|
9
+1%
|
9
+1%
|
10
+3%
|
10
+6%
|
11
+4%
|
11
+6%
|
12
+4%
|
12
+3%
|
13
+6%
|
13
+5%
|
14
+5%
|
14
+4%
|
15
+3%
|
15
+3%
|
16
+3%
|
16
+4%
|
17
+4%
|
19
+10%
|
23
+25%
|
28
+20%
|
32
+13%
|
35
+9%
|
35
+1%
|
38
+7%
|
42
+11%
|
46
+9%
|
51
+11%
|
53
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(11)
|
(13)
|
(15)
|
(16)
|
|
Gross Profit |
6
N/A
|
5
-14%
|
5
-17%
|
4
-11%
|
4
N/A
|
4
-5%
|
4
+3%
|
4
+5%
|
4
+2%
|
5
+7%
|
5
+9%
|
5
+6%
|
6
+6%
|
6
+5%
|
6
+5%
|
7
+7%
|
7
+6%
|
7
+6%
|
8
+4%
|
8
+3%
|
8
+4%
|
9
+5%
|
9
+6%
|
10
+7%
|
10
+5%
|
10
+3%
|
11
+4%
|
11
+3%
|
11
+3%
|
12
+4%
|
13
+10%
|
17
+32%
|
22
+25%
|
25
+15%
|
28
+12%
|
28
+1%
|
29
+5%
|
31
+8%
|
33
+5%
|
36
+8%
|
37
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(14)
|
(18)
|
(23)
|
(28)
|
(31)
|
(32)
|
(34)
|
(69)
|
(70)
|
(72)
|
(39)
|
|
Selling, General & Administrative |
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(13)
|
(15)
|
(17)
|
(21)
|
(21)
|
(22)
|
(23)
|
(25)
|
(26)
|
(27)
|
(26)
|
|
Research & Development |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
|
Depreciation & Amortization |
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(4)
|
(5)
|
(6)
|
(5)
|
(5)
|
(37)
|
(37)
|
(37)
|
(5)
|
|
Operating Income |
(5)
N/A
|
(7)
-23%
|
(7)
-6%
|
(7)
+1%
|
(7)
+3%
|
(6)
+3%
|
(6)
+8%
|
(5)
+8%
|
(5)
+11%
|
(4)
+8%
|
(4)
+7%
|
(4)
+12%
|
(3)
+22%
|
(2)
+14%
|
(2)
+25%
|
(1)
+28%
|
(1)
+46%
|
(0)
+43%
|
(0)
+75%
|
(0)
-100%
|
(0)
N/A
|
0
N/A
|
0
+200%
|
1
+167%
|
1
+38%
|
1
-9%
|
1
+20%
|
1
-8%
|
1
-9%
|
1
N/A
|
(1)
N/A
|
(1)
-14%
|
(2)
-125%
|
(3)
-83%
|
(3)
+9%
|
(4)
-20%
|
(5)
-31%
|
(38)
-700%
|
(37)
+1%
|
(36)
+2%
|
(2)
+95%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
1
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
1
|
1
|
2
|
2
|
0
|
|
Pre-Tax Income |
(5)
N/A
|
(6)
-19%
|
(7)
-6%
|
(7)
+2%
|
(6)
+3%
|
(6)
+6%
|
(6)
+7%
|
(5)
+9%
|
(5)
+8%
|
(4)
+7%
|
(4)
+7%
|
(4)
+10%
|
(3)
+22%
|
(2)
+14%
|
(2)
+21%
|
(2)
+21%
|
(1)
+40%
|
(1)
+33%
|
(0)
+67%
|
(0)
N/A
|
(0)
N/A
|
0
N/A
|
0
+200%
|
1
+167%
|
1
+38%
|
1
-18%
|
1
+22%
|
1
-18%
|
2
+111%
|
1
-53%
|
(1)
N/A
|
(1)
-11%
|
(3)
-190%
|
(4)
-21%
|
(3)
+9%
|
(4)
-22%
|
(36)
-828%
|
(36)
0%
|
(36)
+1%
|
(33)
+7%
|
(0)
+99%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
5
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
6
|
7
|
6
|
1
|
1
|
0
|
1
|
1
|
1
|
0
|
0
|
(0)
|
|
Income from Continuing Operations |
(5)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
4
|
4
|
4
|
4
|
(0)
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
8
|
7
|
6
|
5
|
(2)
|
(3)
|
(3)
|
(3)
|
(35)
|
(36)
|
(35)
|
(33)
|
(0)
|
|
Net Income (Common) |
(5)
N/A
|
(6)
-24%
|
(7)
-6%
|
(6)
+3%
|
(6)
N/A
|
(6)
+8%
|
(6)
+7%
|
(5)
+9%
|
(5)
+10%
|
(4)
+4%
|
(4)
+7%
|
(4)
+10%
|
(3)
+22%
|
(2)
+14%
|
(2)
+21%
|
(2)
+21%
|
(1)
+40%
|
(1)
+33%
|
(0)
+50%
|
(0)
N/A
|
(0)
+33%
|
0
N/A
|
0
N/A
|
1
+167%
|
1
+38%
|
1
-18%
|
1
+22%
|
1
-18%
|
8
+778%
|
7
-10%
|
6
-21%
|
5
-4%
|
(2)
N/A
|
(3)
-21%
|
(3)
+3%
|
(3)
-21%
|
(35)
-941%
|
(36)
-1%
|
(35)
+1%
|
(33)
+7%
|
(0)
+99%
|
|
EPS (Diluted) |
-0.46
N/A
|
-0.57
-24%
|
-0.6
-5%
|
-0.58
+3%
|
-0.57
+2%
|
-0.46
+19%
|
-0.45
+2%
|
-0.37
+18%
|
-0.35
+5%
|
-0.33
+6%
|
-0.31
+6%
|
-0.28
+10%
|
-0.21
+25%
|
-0.19
+10%
|
-0.15
+21%
|
-0.11
+27%
|
-0.06
+45%
|
-0.04
+33%
|
-0.01
+75%
|
-0.02
-100%
|
-0.02
N/A
|
0.01
N/A
|
0.03
+200%
|
0.06
+100%
|
0.07
+17%
|
0.06
-14%
|
0.07
+17%
|
0.06
-14%
|
0.46
+667%
|
0.39
-15%
|
0.29
-26%
|
0.25
-14%
|
-0.12
N/A
|
-0.14
-17%
|
-0.13
+7%
|
-0.15
-15%
|
-1.54
-927%
|
-1.39
+10%
|
-1.36
+2%
|
-1.19
+13%
|
-0.01
+99%
|