Crexendo, Inc. · NASDAQ:CXDO
Crexendo — Investor Presentation (May 2024)
20 slides from Crexendo's investor presentation, May 2024
Slide 1: Crexendo Investor Presentation May 2024
Crexendo Investor Presentation May 2024
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 And a Handful of Others Tens of Thousands Provide the Sales and Support of These Systems And Thousands of Others WE DO BOTH! Nasdaq: CXDO 3
Slide 4: Direct and Indirect Sales Channels
Direct and Indirect Sales Channels Software Solutions ~35% of Total Revenue MSP’s End User Customers 220+ UCaaS Service Providers End User Customers Software White Labelers End User Customers Tech Companies End User Customers Subscribers Telecom Companies End User Customers Fastest-Growing Estimated
Slide 5: Ranked the #1 VoIP Provider on G2.com
Ranked the #1 VoIP Provider on G2.com* * Spring 2024 Survey Period — VoIP Providers: G2.com Nasdaq: CXDO 5
Slide 6: Segment Key Performance Indicators
Segment Key Performance Indicators Software Solutions Segment Telecom Services Segment $9.30/ Session $5,198 / Month 220+ $23 / Month $388 / Month 200+ Average MRR Average Revenue Software Average Revenue Average Revenue Active Agent Per Session Per Account (ARPA) Subscribers Per User (ARPU) Per Acc
Slide 7: Financial Snapshot
Financial Snapshot 2024 Q1 2023 FY 2024 Q1 Revenue 2023 Revenue Total Revenue 14% YOY $14.3M 42% YOY $53.2M 2024 Q1 GAAP 2023 GAAP Income Net Loss 127% YOY $434K 99% YOY ($0.4M) 2024 Q1 Non-GAAP 2023 Non-GAAP Net Income Net Income 208% YOY $1.9M 63% YOY $6.7M 2024 Q1 EBITDA 2023 EBITDA 299% YOY $1.3
Slide 8: Future Growth Drivers
Future Growth Drivers Organic 25% SS Segment Growth* 9% TS Segment Inorganic ~1 Acquisition per Growth year New Software Subscribers & Agents/Partners Potential Acquisition Global** 74% Add-On Orders Roll-Up Strategy Markets Growth YOY New Software 21 in 2023 Subscribers Global Key Enterprise and Fu
Slide 9: Growth Through Acquisition: Allegiant Networks
Growth Through Acquisition : Allegiant Networks Business Communications • Acquired in November 2022 Services • Existing Crexendo Software Subscriber • 650+ active customers with average customer size of 64 stations Managed Security Infrastructure and Compliance and Cabling • Prior to acquisition $10
Slide 10: Growth Through Adoption and Market Penetration
Growth Through Adoption and Market Penetration 12 12 Cloud Comms Penetration Forecast: USA/W. Europe 2020 80 190+ 200+ 70 60 1 50 40 30 1 20 10 Majority of Revenue and Emerging International Markets Customers Currently in USA • Canada: 12 0 • Crexendo Agents: 200+ • United Kingdom/Europe: 12 Q2 2021
Slide 11: What's Driving UCaaS Growth
What’s Driving UCaaS Growth * Communications Investment Drivers, Global, 2024-2026* Drive growth 30% 28% 18% Enhance resiliency and business continuity 29% 30% 17% Attract and retain the best talent 29% 30% 17% Boost team collaboration 29% 32% 74% 17% Growth YOY Improve information management (conte
Slide 12: AI Enhancements & Integrations
AI Enhancements & Integrations * 1. AI Assistant to Build Applications 74% Growth YOY 28 in 2023 9
Slide 13: AI Enhancements & Integrations
AI Enhancements & Integrations * 2. System uses AI to research company and suggests proper messaging 74% Growth YOY 28 in 2023 * 2023 ** UK/EU/AUS *Source: Frost & Sullivan Nasdaq: CXDO 9
Slide 14: AI Technology Drivers
AI Technology Drivers * 3. System builds customized Auto Attendant scripts based on company description 74% Growth YOY 28 in 2023 * 2023 ** UK/EU/AUS Nasdaq: CXDO 14
Slide 15: AI Technology Drivers
AI Technology Drivers * 4. System builds custom Marketing on Hold Messaging based on company details 74% Growth YOY 28 in 2023 14
Slide 16: AI Technology Drivers
AI Technology Drivers * 5. AI Generated Recordings in Minutes 74% Growth YOY 28 in 2023 Nasdaq: CXDO 16
Slide 17: Long-Term Financial Targets
Long-Term Financial Targets Organic Net Gross Margins Cash Flow Acquisitions Sales Growth • 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 2023 FY Revenue $5.7M 2023 Adj EBITDA $14.3M 2024 Q1 Revenue $2.0M 2024 Q1 Adj EBITDA $67.3M ~$11.04M Contracted Backlog Cash on Hand $937K ~$125M Current Debt Current Market Cap* Non-GAAP Profitability – 22 Consec Qtrs Software Solutions Organic Growth- 25% GAAP Profit
Slide 19: Contact Us
Contact Us Doug Gaylor President & COO 602.732.7990 dgaylor@crexendo.com Nasdaq: CXDO 19
Slide 20: Thank You!
Thank You! crexendo’ Nasdaq: CXDO | 20 elde the cloud