Crexendo Inc. (CXDO) vs Gogo Inc. (GOGO)

Crexendo Inc. and Gogo Inc. are both Telecom Services companies. Gogo Inc. is the larger, with a market value of $310.3M against $195.2M — 1.6× the size. Crexendo Inc. trades at the lower P/E: 43.5× against 2,300×. Gogo Inc. grew revenue faster over the last twelve months: 30.0% against 25.5%. Crexendo Inc. has the higher net margin (5.31% vs −0.09%) and the lower return on invested capital (3.83% vs 7.46%). Across the 21 metrics below, Crexendo Inc. leads on 14 and Gogo Inc. on 7.

Valuation

Metric CXDO GOGO Telecom Services median
P/E 43.50 2,300.00 13.27
P/S 2.47 0.35 0.95
P/B 2.56 2.60 1.47
Price to free cash flow n/m n/m 8.72
EV/EBITDA 21.41 6.11 6.85
EV/Sales 2.30 1.18 1.87
Earnings yield 2.30% 0.04% 1.66%
Free cash flow yield (5.10%) (7.28%) 5.53%

Profitability

Metric CXDO GOGO Telecom Services median
Gross margin 62.82% 41.60% 51.26%
Operating margin 4.86% 11.54% 7.62%
Net margin 5.31% (0.09%) 4.22%
Free cash flow margin 14.28% (2.53%) 4.73%
Return on equity 6.30% (0.76%) 5.80%
Return on assets 4.98% (0.07%) 0.00%
Return on invested capital 3.83% 7.46% 3.41%

Growth

Metric CXDO GOGO Telecom Services median
Revenue growth (TTM) 25.49% 30.03% 3.31%
EPS growth (last fiscal year) 166.67% (10.00%) —
Revenue growth, 5-year CAGR 32.99% 27.55% 1.50%
Net income growth, 5-year CAGR (8.58%) 0.00% 0.00%

Health

Metric CXDO GOGO Telecom Services median
Debt to equity 0.06 6.77 0.63
Current ratio 2.06 1.73 1.13
Net debt to EBITDA (3.93) 3.91 1.86

Dividend

Metric CXDO GOGO Telecom Services median
Dividend yield 0.09% — 4.06%
Payout ratio 0.00 0.00 0.00

Size

Metric CXDO GOGO Telecom Services median
Market cap 195.20m 310.32m 3.06b

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