Crexendo, Inc. · NASDAQ:CXDO
Crexendo — Investor Presentation (June 2022)
21 slides from Crexendo's investor presentation, Jun 7, 2022
Slide 1: Crexendo: Ride the Cloud
«)crexendo’ clade the ciomeea Do Gaylor, President & COO Ron Vincent, CFO June 7, 2022
Slide 2: Safe Harbor Statement
Safe Harbor Statement ‘This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to, among other things, our history, business lines, b
Slide 3: Today's Presenters
Today’s Presenters Doug Gaylor Ron Vincent President & COO CFO 12 years with Crexendo 10 years with Crexendo Prior Experience: Prior Experience: SINERTEL 00 Mitel EY ERNST& YOUNG
Slide 4: Crexendo: Soaring Through The Clouds
Crexendo: Soaring Through The Clouds Finished 2021 with $28.1M| in revenue a 71% increase over 2021 and strong non-GAAP earnings of $1.7M Q1 2022 Consolidated Revenue increase of 81% to $8.2M Q1 2022 Non-GAAP net income of $405,000 and GAAP toss of ($1.22M) Adjusted EBITDA for Q1 2022 increased to $
Slide 5: Crexendo By The Numbers
Crexendo By The Numbers $28.1M / $1.6M 79% MRR $409 piesa Seb a ene. | Rev. / Adj. EBITDA % of Total Revenue Avg. MRR Exchange » Nasdaq - July 2020 (2021) (2021) Per Direct Customer Data Center Phoenix, AZ Las Vegas, NV Locations Dallas, TX Grand Rapids, Mi 60,000+ 2.5M+ 205+ Active Direct Customers
Slide 6: Crexendo: The Complete Cloud Communications
Crexendo: The Complete Cloud Communications
Slide 7: America's Fastest-Growing UCaaS Platform
America’s Fastest-Growing UCaaS Platform! With Award-Winning Technology! Recognized by Frost & Sullivan in 2021 as the fastest- growing UCaaS platform in North America! TELEPHONY Fast-Growing Tech Leader in the UCaaS and Cloud Communications Space Award Winning Collaboration Offering for Video, Scre
Slide 8: The Leader in Cloud Communications
The Leader in Cloud Communications Advanced Development Through In-House Comprehensive Voice, Video, Meeting, Engineering and Third-Party Integrators Messaging & Mobile Solutions Leading Licensee and Agent/Partner Executive Management Team With Programs Wealth of Telecom Experience and Success | Pow
Slide 9: The Way We Communicate Has Changed
The Way We Communicate Has Changed CLOUD MIGRATION PLANS * | Sinn (Vorespondents) | $30,000 7 $24800 eal $15, a eum : video instant customer nterpise . $15,000 Conferencing Messaging & Experience v J ‘Presence Management Telephony = Cunrenm.y DEPLOYED I THE CLOUD $5,000 58% 48% 42% 39% $0 2019E 2024
Slide 10: Tremendous Technology Adoption Still To Come
Tremendous Technology Adoption Still To Come ‘Cloud Comms Penetration Forecast: USA/W. Europe 2020 42020 © Q22021 «= Q22022,- 922023 a22024 = 220254 2025 USA BW. Euro oer. Source: Cavel Cou Comms Report USAC 2020 @crexendo’
Slide 11: Crexendo's Go-To-Market Sales Approach
Crexendo’s Go-To-Market Sales Approach Pipirect Crexendo Sales * Traditional Telecom Resellers * UCaaS Companies : papresartativesselline * Managed Service Providers * MSP’s . (MspP’s) * LEC’s/RLEC’s GUUS CHISEL HES * B2B Companies * White Label Resellers Customers * Master Agents * Enterprise Clien
Slide 12: Future Growth Drivers
Future Growth Drivers New Reseller Logos & Platform Upgrades “ ™ Agents/Partners Potential Acquisition Roll-Up Strategy Future Applications Enterprise and and Partnerships nN. ZY Major Accounts Global Key Market Expansion &crexendo"
Slide 13: Crexendo's Stocked Fishing Pond
Crexendo’s Stocked Fishing Pond ©crexendo” [isyiafisfsf tf) BEEBE BoE [is}icfiefialia}isy ae Direct Sales @netsapiens UCaaS Customers Software Solutions = 60,000 End Users > 200+ UCaaS Platform Licensees
Slide 14: Global Presence: Growing Opportunity
Global Presence: Growing Opportunity Majority of Revenue and Customers Currently in USA * US Crexendo Agents: 175+ = Ps * US NetSapiens Resellers: 195+ a Emerging International Markets * United Kingdom: 9 * Australia: 4 * New Zealand: 1 * Phillipines: 1 &crexendo"
Slide 15: Financial Profile
ommmmrcon Financial Profile ofan a 73% 70% $16,387 Service Product Software Sol Serie m Product SWSoultions see 300 $1,628 $1,600 405 (1,220) So) (2/400), = Non-GAAP Income lst). m Netincome (loss) (1) 2021 Includes $1,061,000 of NetSapions acquisition related expenses. (
Slide 16: Growing Financial Profile
Growing Financial Profile 2082019202020. 2019 asa8 iagnl mG&A RED 2022 ©2028-2024 16,883 13,365 iE 4 3 97 = Service Revenue ga Software Solutions (1)2021 Includes $1,061,000of acquistion related expenses (2) Average monthly percentage fr period &crexendo"
Slide 17: The Future of Business Communications
The Future of Business Communications Video Interactions Phone * VIP Communications * Cloud-Based UCaaS Platform * The Platform for Solution for Business Powered by NetSapiens How You Work Today
Slide 18: The VIP Difference
The VIP Difference ©crexendo A Better Communications Solution For Business on re) [_—=—] [om ) Video Interactions Phone Contact Center Integrations Collaborate in HD Streamline workflows Use the device of your Powerful, native Integrate into quality with up to through Voice Mail, SMS, choice for HD
Slide 19: Industry-Leading 100% Uptime Guarantee
Industry-Leading 100% Uptime Guarantee ane Lifetime Warranty The VIP Platform is hosted in the world’s highest- fs F J | pe rated geo-redundant data centers that are Tier 5, : » ee a Exascale sites powered by 100% green energy 4 re We back our user experience with 100% US-based Yur Ng v support avai
Slide 20: Investment Highlights: Meeting Our Commitments and Delivering Results
Investment Highlights: Meeting Our Commitments and Delivering Results ATTRACTIVE INVESTMENT Organically Up-listed to Nasdaq OPPORTUNITY Successfully Raise Capital to Fuel Future Growth Le LI | | ® Acquire Accretive Acquisition Targets High Long-Term Recurring 7 Growth Contracts Bevende Added to Russ
Slide 21: Questions? Thank You!