Added to YB: 2024-07-16
Pitch date: 2024-07-15
CXDO [bullish]
Crexendo, Inc.
+54.02%
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
$4.48
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 Set for Growth in Rapidly Expanding UCaaS Market
CXDO: UCaaS leader, #1 in 19 G2 categories. Moving to OCI saves $1M/yr. 20% CAGR market, fastest growing US provider. Software segment (35% rev, 73% margin) growing 25% YoY. $500M opportunity from Microsoft MaX UC sunsetting. Acquisitions strategy: 1-1.5x sales, payback in 4-5yrs. 59% insider ownership, CRO bought 7x recently. 5M users soon, NASDAQ bell rung at 4.5M.
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