Landon Capital

As we have seen, especially through the pandemic, there is a massive need for telecommunications solutions to allow for the seamless mobilization of workforces across the globe. Crexendo, Inc. (Nasdaq: CXDO) is one of the fastest-growing communications platform providers in the U.S. They offer cloud communications, Unified Communications as a Service, call center, collaboration services, and other cloud business services to enterprises internationally. Currently, they have over 48,000 customers and more than 2.5 million global users and are on a run rate of USD 35 million. 

Comps: Brightcove Inc. (Nasdaq: BCOV), OptimizeRx Corporation (Nasdaq: OPRX)

In comparison, Crexendo is a USD 50 million enterprise as opposed to Brightcove and OptimizeRx, which are both worth over USD 200 million. Nevertheless, Crexendo claims a better price-to-earnings ratio than both and is on par with Brightcove in relation to revenue growth. To that end, they both beat out OptimizeRx in that category. Additionally, Crexendo holds a more favorable debt-to-equity ratio than Brightcove by a factor of 6.