Crexendo, Inc. · NASDAQ:CXDO
Crexendo — Investor Presentation (March 2020)
22 slides from Crexendo's investor presentation, March 2020
Slide 1: Investor Presentation March 2020
Investor Presentation March 2020 Symbol OTCQX: CXDO
Slide 2: Safe Harbor
Safe Harbor This presentation includes forward-looking statements within the meaning of the federal securities laws. These statements relate to, among other things, our history, our business lines, business strategy, goals , plans and expectations concerning our business, our market position and the
Slide 3: Crexendo, The Best Kept Secret in UCaaS
Crexendo, The Best Kept Secret in UCaaS • A Fast Growing Technology Leader in the Cloud Communications and UCaaS (Unified Communications as a Service) space • Tremendous Industry Experienced Company – Exec Mgmt. Team With Over 150 Years Combined Experience • Designers of a world class, patented clou
Slide 4: Communications Today: Any Device, Any Time, Any Form!
Communications Today Any Device, Any Time, Any Form!
Slide 5: The Telecom Industry 2020: It's A Land Grab!
The Telecom Industry 2020 It’s A Land Grab!
Slide 6: The UCaaS Market Is HOT!
The UCaaS Market Is HOT! • Gartner reported that the rate organizations deploy Cloud Telephony will more than DOUBLE from 2017 to 2021 • IDC forecasts that the Worldwide UC and Collaboration Total Available Market will be $54 Billion by 2022
Slide 7: The Crexendo Difference!
The Crexendo Difference! • Crexendo VoIP phones & platform designed, engineered and supported in- house (Higher Margins!) • CLEC vetted & approved everywhere available in U.S. • Hardware maintenance and software upgrades for the life of the Customer • Most high end features included as standard offe
Slide 8: Why Invest in Crexendo Now?
Why Invest in Crexendo Now? • 25% increase in telecom service revenue for the year ended December 31, 2019 compared to 2018. 21% increase from 2017 to 2018 • Nearly 100% of customers on long term contracts • Inflection Point – Net Income of $1.1 million or $0.08 and $0.07 per basic and diluted share
Slide 9: Improving Financial Profile
Improving Financial Profile Year Ended Year Ended Year Ended Year Ended December 31, December 31, December 31, December 31, Ticker: CXDO 2016 2017 2018 2019 Market Capitalization $19.7 million $30.0 million $36.0 million $63.3 million (@ $2.25) (@$4.25) Outstanding Common Stock 13.7 million 14.3 mil
Slide 10: Telecommunications Segment Revenue
Telecommunications Segment Revenue Consistent Revenue Growth 2016 2017 2018 2019 $14,500,000 $1.7 million $12,500,000 $10,500,000 NRR MRR $8,500,000 $12.1 million $6,500,000 $4,500,000 $2,500,000 $500,000
Slide 11: Telecommunications Segment Backlog
Telecommunications Segment Backlog Consistent Growth in Backlog Q4 16 Q4 17 Q4 18 Q4 19 $30,500,000 $25,500,000 $20,500,000 $26.1 million $15,500,000 $10,500,000 $5,500,000 $500,000
Slide 12: Telecommunications Segment Backlog: Expected Revenue Recognition
Telecommunications Segment Backlog Expected Backlog Revenue Recognition 2020 2021 2022 2023 2024 2025 $10,500,000 Product Revenue $8,500,000 Service Revenue $6,500,000 $4,500,000 $2,500,000 $500,000
Slide 13: Net Income (Loss) & Non-GAAP Income (Loss)
Net Income (Loss) & Non-GAAP Income (Loss) Consistent Bottom Line Improvement 2016 2017 2018 2019 $2,000,000 $1,500,000 $1,000,000 $500,000 $- Net Income $1,139,000 $(500,000) Non-GAAP $1,591,000 $(1,000,000) $(1,500,000) $(2,000,000) $(2,500,000) Non-GAAP Income (loss) Net Income $(3,000,000)
Slide 14: Crexendo's Growth Strategy
Crexendo’s Growth Strategy Partner Sales • Currently more than 240 Partners with growth plans to add 5-10% per Quarter • Focused on Reseller Partners in 4 Key areas: – Traditional Telecom VAR’s – Data and B2B VAR’s – Managed Service Providers (MSPs) – Master Agents • Tenured staff with a wealth of e
Slide 15: Experienced Leadership Team
Experienced Leadership Team Steve Mihaylo Doug Gaylor Ron Vincent CEO President & COO CFO Nishith Chudasama Darren Johnson Brian Spitler VP ENG VP Sales VP OPS
Slide 16: Ride The Cloud With Crexendo
Ride The Cloud With Crexendo • Great technology that we own and design • Great software what we develop with and for our Customers • Great team that has had great success in the industry • Great industry that has tremendous future growth • Great recurring revenue model • Great cost management strate
Slide 17: Questions & Answers
Cerexendo Questions & Answers | | It’s Not Just A Phone, | It's Your Business! | |
Slide 18: Appendix
(Serexendo ride the cloud C—-
Slide 19: Appendix – Crexendo Cloud Telecom Features
Appendix – Crexendo Cloud Telecom Features Crexendo Cloud VoIP Features Highlights User Features - Continued • Business-Class Voicemail with E-Mail Delivery • Call forward/Call transfer/Call waiting • Extensive Auto Attendant Options • Paging – Internal and External • Free Unlimited Local & Domestic
Slide 20: Appendix - Reconciliation of GAAP to Non-GAAP
Appendix - Reconciliation of GAAP to Non-GAAP Third Quarter - 2019 Reconciliation of U.S. GAAP Net Income/(Loss) to Non-GAAP Net Income (Unaudited) Three Months Ended December 31, Year Ended December 31, 2019 2018 2019 2018 (In thousands) (In thousands) U.S. GAAP net income/(loss) $ 228 $ (8) $ 1,13
Slide 21: Condensed Consolidated Balance Sheets
APPENDIX - CREXENDO, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (In thousands, except par value and share data) December 31, 2019 2018 As s e ts Current asset s: Cash and cash equivalent s $ 4,180 $ 1,849 Rest rict ed cash 100 100 T rade receivables, net of allowance for doubt ful a
Slide 22: Thank You!
Thank You! Symbol OTCQX: CXDO