Added to YB: 2024-01-24
Pitch date: 2024-01-23
CXDO [bullish]
Crexendo, Inc.
+8.66%
current return
Author Info
No bio for this author
Company Info
Crexendo, Inc. provides cloud communication platform software and unified communications as a service in the United States and internationally.
Market Cap
$209.3M
Pitch Price
$6.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.52
P/E
48.55
EV/Sales
2.74
Sector
IT Services
Category
growth
Crexendo: Well Positioned In SMB Segment, Top Pick For 2024
CXDO: 3rd largest UCaaS provider, 2 segments: Cloud Telecom & Software. UCaaS mkt to grow 17.3% CAGR to 2030. CXDO captures share from CSCO & MSFT in underserved SMB mkt via superior service. Resilient in downturns: Rev +52% to $13.8M, 60.9% GM, $1.7M NI, strong backlog. $7.7M cash for M&A & new products. Risks: competition & recession, but valued attractively vs peers.
Read full article (8 min)