Crexendo, Inc. · NASDAQ:CXDO
Crexendo — Investor Presentation (August 2024)
20 slides from Crexendo's investor presentation, Aug 21, 2024
Slide 1: Crexendo Investor Presentation August 2024
Crexendo Investor Presentation August 2024 «©crexendo’ cide the cloud @crexendo x00 | Nasdaq List Q5 crexendo CXDO | NasdaqListe i Nasdaq rT 2
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 ZIE of the Securities Exchange Act of 1934, as amended. These statements relate to, among other things, our history, business lines, bu
Slide 3: What We Do
What We Do Nearly Every Business in the World Has a Phone System we f.- Only a Few Companies Provide the Software Infrastructure on the Cloud That Power These Systems obptat|te . o d dful ui $ lt BM Microsoft @Gcrexendo” “220 Tens of Thousands Provide the Sales and Support of These Systems eet cx ch
Slide 4: Direct and Indirect Sales Channels
Direct and Indirect Sales Channels Fastest-Growing UCaaS Platform in North America ©crexendo” é Software Solutions ~35% of Total Revenue none End User Customers 230+ UCaaS ‘sanacteiien, End User Customers Software White Labelers End User Customers Tech Companies End User Customers: Subscribers reiec
Slide 5: Ranked the #1 VoIP Provider on G2.com
Ranked the #1 VoIP Provider on G2.com* G2Ratings @CfeXENDO' Ring I VJ vonace nextiva car Ooma Golo : 4.9 4.0 4] 43 45 44 45 44 Quality of Support 99% 79% 82% 89% 92% 88% 93% 90% Business With 99% 79% 85% 90% 90% 89% 94% 93% 99% 88% 88% 92% 92% 91% 91% 92% pevesdalld 98% 77% 82% 86% 89% 87% 91% 89% E
Slide 6: Financial Snapshot
Financial Snapshot {$ in 000's) $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 Total Revenue 2020 2021 2022 2023 © 20242 YTD. $28,971 7 2024 Q2 YTD 2023 FY 2024 YTD Revenue| $29.0M 2023 Revenue $53.2M 2024 YTD GAAP 2023 GAAP 024 YTD Non-GAAP. ‘Net Income $4.0M 2023 Non-GAAP Net Income e $6.7M 2024
Slide 7: Segment Key Performance Indicators
Segment Key Performance Indicators Software Solutions Segment Oo Telecom Services Segment OS OD rs in $10.01 / Session $5,691 / Month 230+ $21/Month $362 / Month 200+ ‘Average MRR ‘Average Revenue software ‘Average Revenue ‘Average Revenue Active Agent Per Session Per Account (ARPA) Subscribers Per
Slide 8: Future Growth Drivers
Future Growth Drivers Organic [Ri yee ear 7% 1s segment TOR ~T acquisition per (LS @ Growth fs Re $ New Software Agents/Partners Potential Global** 714% Subscribers & Acquisition Markets Add-On Orders Roll-Up Strategy Growth YOY New @) Software We Subscribers Global Key Enterprise and Future New Mar
Slide 9: Growth Through Acquisition
Growth Through Acquisition : Allegiant Networks 2 + Acquired in November 2022 + Existing Crexendo Software Subscriber * 650+ active customers with average customer size of 64 stations + Prior to acquisition $10.5M in annual revenue in 2022, increased to $12.8M in 2023 + Located in Kansas City, Misso
Slide 10: Growth Through Adoption and Market Penetration
Growth Through Adoption and Market Penetration Cloud Communications TAM Forecast: USA/W. Europe 2024 e@ @ ie 200+ e6 Majority of Revenue and Emerging International Markets Customers Currently in USA + Canada: 12 * Crexendo Agents: 200+ + United Kingdom/Europe: 14 + Software Solutions Resellers 190+
Slide 11: What's Driving UCaaS Growth
What’s Driving UCaaS Growth Communications Investment Drivers, Global, 2024-2026* Drive growth Enhance resiliency and business continuity ‘Attract and retain the best talent Boost team collaboration Improve information management (content storage/search, knowledge transfer) Improve customer experien
Slide 12: Growth From AI Features & Integrations
Growth From AI Features & Integrations
Slide 13: AI Enhancements & Integrations
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Slide 14: AI Technology Drivers
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Slide 15: AI Technology Drivers
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Slide 16: AI Technology Drivers
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Slide 17: Long-Term Financial Targets
Long-Term Financial Targets Organic Net CasGuerns Gross Margins Cash Flow Acquisitions + Software Solutions + Software Sol. Margins + Focused on + Our 230+ Licensees segment seeing continuing to increasing positive selling our product is strong growth from improve through cash flow through the ideal
Slide 18: Summary - Why Crexendo
Summary - Why Crexendo $53.2M 2023 FY Revenue $5.7M 2023 Adj EBITDA $29.0M 2024 YTD Revenue —2¥1"ply7S\aroyX-in =n y\ $71 ~$13.6M Contracted Backlog Cash on Hand $823K ~$130M Current Debt Current Market Cap* Non-GAAP Profita! Srxtehttteli§) Software Solutions Organic Growth- 35% GAAP Profitability -
Slide 19: Crexendo
crexendo’ Doug Gaylor President & COO 602.732.7990 d lor@crexendo.co Nasdaq: CXDO | 19
Slide 20: Thank You!
Thank You! ©crexendo” Nasdaq: CXDO | 20