Crexendo, Inc. · NASDAQ:CXDO
Crexendo — Investor Presentation (April 2024)
20 slides from Crexendo's investor presentation, Apr 8, 2024
Slide 1: Crexendo Investor Presentation April 2024
Crexendo Investor Presentation April 2024 | , @crexendo CXDO | Nasdaq Listed ©crexendo’ ridge the c
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, bu
Slide 3: What We Do
What We Do Nearly Every Business in the World Has a Phone System Only a Few Companies Provide the Software Infrastructure on the Cloud That Power These Systems obpbet|te . a id idful Wlutl's ml Microsoft Gerexendo’ 3222 Tens of Thousands Provide the Sales and Support of These Systems Gerexendo’ Ring
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 Mabe End User Customers 220+ UCaaS Service Providers End User Customers Software White Labelers End User Customers 1 Tech Companies End User Customers Subscribers
Slide 5: Ranked the #1 VoIP Provider on G2.com
Ranked the #1 VoIP Provider on G2.com* G2Ratings CfeXeNdO’ Ring VJ vonace nextiva sors Ooma Go on ZS SOT AU es ss se 4s 4 Qualtyotsuppot OY 79% 82% 89% 92% 88% 93% 90% Business With 99% 79% 85% 90% 90% 89% 94% 93% nequrements | DOI% 88% 88% 92% 92% 91% 1% 92% Feeley 98% 77% 82% 86% 89% 87% 91% 89% E
Slide 6: Segment Key Performance Indicators
Segment Key Performance Indicators Software Solutions Segment SO 6 $9.63 / Session $5,292 / Month ‘Average MRR ‘Average Revenue Software Per Session Per Account (ARPA) Subscribers all © O Telecom Services Segment GS OO Rs $17 / Month $354 / Month 200+ Average Revenue Average Revenue Active Agent Per
Slide 7: Financial Snapshot
Financial Snapshot Total Revenue {Sin 00's) Soi ee 199 ‘$60,000 $37,554 2023 Revenue 2023 GAAP Net Loss| oo = Sesion = 9 $53.2M ($0.4M) te q $20,000 packiogs 2023 Non-GAAP ‘$10,000 mee’, Net Income Prost msctvereSl $63.9M $6.7M Market Cap Expected Backlog Revenue Recognition 2023 EBITDA roe 2025 202
Slide 8: Future Growth Drivers
Future Growth Drivers felrer Talim 19% ss segment Crow) Inorganic By] a én @ Growth (ii Acquisition per KS § New Software Agents/Partners Potential Global** 74% Subscribers & Acquisition Markets Add-On Orders Roll-Up Strategy Growth YOY ® [=] software Subscribers Global Key Enterprise and Future New
Slide 9: Growth Through Acquisition
Growth Through Acquisition : Allegiant Networks Business Communications + Acquired in November 2022 D ances + Existing Crexendo Software Subscriber Se = * 650+ active customers with average aS customer size of 64 stations Managed Security Infrastructure and Compliance and Cabling * Prior to acquisit
Slide 10: Growth Through Adoption and Market Penetration
Growth Through Adoption and Market Penetration 2 Cloud Comms Penetration Forecast: USA/W. Europe 2020 e e 80 190+ 70 60 1 so ° : ° 30 1 20 e 10 Majority of Revenue and Emerging International Markets i Customers Currently in USA + Canada: 12 as z + Crexendo Agents: 200+ + United Kingdom/Europe: 12 eo
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 experienc
Slide 12: AI Enhancements & Integrations
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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 Sales Growth Gross Margins Cash Flow Acquisitions + Software Solutions * Software Sol. Margins + Focused on * Our 220+ Licensees segment seeing continuing to increasing positive selling our product is strong growth from improve through cash flow through the id
Slide 18: Summary - Why Crexendo
Summary - Why Crexendo $53.2M (+42% YoY) $5.7M (+128% Yo 2023 Total Revenue usted EBITDA $63.9M ~$10.3M Contracted Backlog Cash on Hand Approx $1M ~$140M Current Debt urrent Market Cap* Non-GAAP Prot ility — 21 Consec Qtrs Software Solutions Organic Grow - 19% 2 Consec Qtrs Telecom Services Organic
Slide 19: Crexendo contact: Doug Gaylor
crexendo’ Doug Gaylor President & COO 602.732.7990 dgaylor@crexendo.com Nasdaq: CXDO | 19
Slide 20: Thank You!
Thank You! ©crexendo’ Nasdaq: CXDO | 20