Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Crexendo, Inc. (NASDAQ: CXDO) is a cloud communications and software company operating primarily in the unified communications as a service (UCaaS) and cloud-based telecommunications industries. The company provides voice, video, messaging, and collaboration solutions designed for enterprises, service providers, and managed service providers. Crexendo’s core revenue drivers are recurring subscription fees from cloud communications services and software licensing tied to its platform offerings.
The company serves business customers ranging from small and mid-sized enterprises to large service providers that white-label or integrate Crexendo’s technology. A key element of Crexendo’s positioning is its ownership of a scalable, carrier-grade communications platform that supports customization and integration for partners. Crexendo was founded in 1999 and initially focused on broadband and wireless services before evolving into a cloud communications provider. A major strategic shift occurred with its expansion into software-centric UCaaS solutions, culminating in the acquisition of a communications platform business that significantly broadened its market reach.
Business Operations
Crexendo operates primarily through two core business segments: Crexendo Business Solutions and NetSapiens. Crexendo Business Solutions delivers cloud-based voice and collaboration services directly to enterprise customers, generating revenue through recurring service subscriptions and usage-based fees. NetSapiens, a wholly owned subsidiary, provides a cloud communications software platform licensed to service providers, telecom carriers, and managed service providers, generating revenue through software licensing, support, and maintenance agreements.
Operations are concentrated in the United States, with international reach achieved through channel partners and service providers that deploy Crexendo’s software globally. The company controls proprietary cloud communications technology, data center infrastructure relationships, and software intellectual property. NetSapiens operates as a critical platform subsidiary, and its technology underpins much of Crexendo’s long-term software and licensing revenue strategy. Data inconclusive based on available public sources regarding material joint ventures outside of these structures.
Strategic Position & Investments
Crexendo’s strategy emphasizes growth through software-driven recurring revenue, platform scalability, and expansion of its service provider ecosystem. A defining strategic investment was the acquisition of NetSapiens, which repositioned Crexendo as both a service provider and a UCaaS software platform company. This acquisition expanded margins, diversified revenue streams, and increased exposure to indirect distribution channels.
The company continues to invest in platform enhancements, security, analytics, and integrations with enterprise applications. Crexendo is also focused on expanding adoption among regional telecom providers and managed service providers seeking cloud-native communications platforms. While management has stated intentions to pursue additional growth opportunities, data inconclusive based on available public sources regarding specific future acquisitions or investments beyond disclosed initiatives.
Geographic Footprint
Crexendo is headquartered in the United States, with its principal offices in Arizona. The majority of its direct operations and employees are U.S.-based, and its enterprise customer base is primarily domestic. Through NetSapiens, the company has an indirect international footprint, as its software platform is deployed by service providers operating across North America, Europe, and other global regions.
Although Crexendo does not operate extensive owned infrastructure outside the United States, its technology supports international service delivery via partners and customers. This model allows the company to maintain global market exposure while limiting capital-intensive overseas operations. Data inconclusive based on available public sources regarding the exact revenue split between domestic and international end markets.
Leadership & Governance
Crexendo is led by an executive team with experience in telecommunications, software, and public company governance. The leadership emphasizes recurring revenue growth, disciplined capital allocation, and long-term shareholder value creation, with strategic oversight provided by an experienced board of directors.
Key executives include:
- Jeffrey G. Korn – Chief Executive Officer and President
- Steven G. Mihaylo – Executive Chairman of the Board
Data inconclusive based on available public sources regarding the current full roster of executive officers and detailed individual leadership philosophies beyond public statements in SEC filings and company disclosures.