Slide 1: Crexendo Q2 2022 Results
«crexendo’ cide the cloud Gaylor, President & COO Ron Vincent, CFO August 10, 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 Q2 2022 Consolidated Revenue of $8.84M and YTD Revenue of $17M a 65% increase YoY Q2 2022 Non-GAAP net income of $512K and GAAP loss of ($896K) Adjusted EBITDA fo
Slide 5: Crexendo By The Numbers
Crexendo By The Numbers $28.1M / $1.6M Rev. / Adj, EBITDA (2021) 60,000+ Active Direct Customers 175+ Active Agent/Partners a Network Data Centers | Key Metrics 79% MRR % of Total Revenue (2021) 2.5M+ Total Seats 0.75% Direct Churn Rate (02 2022) $42.12M Contracted Backlog $409 Avg. MRR Per Direct C
Slide 6: Financial Profile
mmc Financial Profile {Sin000's) a $28,092 300 $15,961 $17,004 laada Service mProduct Software Sol “s 2.420) (2,116) Non-GAAP came (ts) mnt oss) (1) 2021 includes $1,061,000 of Netsapiens acquisition related expenses
Slide 7: Growing Financial Profile
Growing Financial Profile Ty mG&A RED 41,718 # 21 sail (1)2021 Includes $1,061,000of acquistion related expenses (2) Average monthly percentage fr period &crexendo"
Slide 8: Crexendo: The Complete Cloud Communications
Crexendo: The Complete Cloud Communications
Slide 9: 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 10: 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 11: The Way We Communicate Has Changed
The Way We Communicate Has Changed UCaaS Market Size CLOUD MIGRATION PLANS * (%erespondents) Anstant customer Messaging & Experience Presence ‘Management ‘CURRENTLY DEPLOYED IN THE CLOUD 5% 40% 42% 39% WILL BE MOVED TO THE CLOUD WITHIN THE NEXT TWO YEARS | fe) i Approximately 61% of businesses in 25
Slide 12: Tremendous Technology Adoption Still To Come
Tremendous Technology Adoption Still To Come Cloud Comms Penetration Forecast: USA/W. Europe 2020 42020 © Q22021 «= Q22022,- 922023 a2 2024 = 220254 2025 USA BW. Euro feos Scurce: Cavell Goud Comms Report USAC 2020
Slide 13: Crexendo's Go-To-Market Sales Approach
Crexendo’s Go-To-Market Sales Approach Pipirect Crexendo Sales * Traditional Telecom Resellers * UCaaS Companies papresarttativesselline * Managed Service Providers * MSP’s . (MsP’s) * LEC’s/RLEC’s pia eel Base * B2B Companies * White Label Resellers * Master Agents * Enterprise Clients &crexendo’
Slide 14: Future Growth Drivers
Future Growth Drivers New Reseller Logos & Platform Upgrades “a ™ Agents/Partners Potential Acquisition Roll-Up Strategy Future Applications Enterprise and and Partnerships nN. ZY Major Accounts Global Key Market Expansion &crexendo"
Slide 15: Crexendo's Stocked Fishing Pond
Crexendo’s Stocked Fishing Pond ©ecrexendo” [isyiafisfisft iisficftafis)iaftelta| I [is]is}ie}iafia}ic} aon Direct Sales @netsapiens UCaaS Customers Software Solutions _ = 60,000 End Users Rey Pe» 200+ emo UCaaS nee Platform End User Bee oe Licensees BEPEE i sfisfis} End User Customers 2.5 Million+
Slide 16: Global Presence: Growing Opportunity
Global Presence: Growing Opportunity Majority of Revenue and CS SES Currently in USA * US Crexendo Agents: 175+ + US NetSapiens Resellers: 195+ Emerging International Markets * United Kingdom: 9 * Australia: 4 * New Zealand: 1 * Phillipines: 1 &crexendo"
Slide 17: VIP — The Future of Business Communications
VIP — 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: 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 . Growth contracts Bevenue Added to Russ
Slide 19: Questions? Thank You!