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2morrowsGains

03/24/23 3:24 PM

#104109 RE: 2morrowsGains #104094

CXDO...BIG heads up...Crexendo did 24% more in sales than what is showing in the earnings report if you include the Allegiant acquisition. Pro forma FY2022 consolidated sales (as if Allegiant Networks had been included since January 1, 2021) was $46.7M. That is $9M more than the $37.6M that was reported for FY2022 in the earnings report.
Management is projecting strong organic growth so 2023 is going to be a hella year!!!
Going to be some great comps as we head through the year.

Pro forma #'s are in the 10k (page 73)
https://capedge.com/filing/1075736/0001654954-23-002860/CXDO-10K-2022FY

Stock price = $1.58. Market cap = approx $41M