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Side-by-side financial comparison of Crexendo, Inc. (CXDO) and Journey Medical Corp (DERM). Click either name above to swap in a different company.

Crexendo, Inc. is the larger business by last-quarter revenue ($18.1M vs $16.1M, roughly 1.1× Journey Medical Corp). Crexendo, Inc. runs the higher net margin — 6.7% vs -7.8%, a 14.5% gap on every dollar of revenue. On growth, Journey Medical Corp posted the faster year-over-year revenue change (27.3% vs 11.2%). Over the past eight quarters, Crexendo, Inc.'s revenue compounded faster (12.4% CAGR vs 11.0%).

Crexendo, Inc. is a U.S.-headquartered cloud communications technology provider. It delivers unified communications as a service (UCaaS), contact center solutions, business VoIP services, and collaborative work tools, primarily catering to small and medium-sized enterprises operating in the North American market.

Journey Medical Corp is a commercial-stage biopharmaceutical company specializing in dermatology treatments. It develops, manufactures and markets prescription and over-the-counter products addressing acne, atopic dermatitis, fungal skin infections and other dermal conditions, primarily serving healthcare providers and patients across the United States.

CXDO vs DERM — Head-to-Head

Bigger by revenue
CXDO
CXDO
1.1× larger
CXDO
$18.1M
$16.1M
DERM
Growing faster (revenue YoY)
DERM
DERM
+16.1% gap
DERM
27.3%
11.2%
CXDO
Higher net margin
CXDO
CXDO
14.5% more per $
CXDO
6.7%
-7.8%
DERM
Faster 2-yr revenue CAGR
CXDO
CXDO
Annualised
CXDO
12.4%
11.0%
DERM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CXDO
CXDO
DERM
DERM
Revenue
$18.1M
$16.1M
Net Profit
$1.2M
$-1.2M
Gross Margin
Operating Margin
6.3%
-2.8%
Net Margin
6.7%
-7.8%
Revenue YoY
11.2%
27.3%
Net Profit YoY
140.2%
-182.0%
EPS (diluted)
$0.03
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CXDO
CXDO
DERM
DERM
Q4 25
$18.1M
$16.1M
Q3 25
$17.5M
$17.0M
Q2 25
$16.6M
$15.0M
Q1 25
$16.1M
$13.1M
Q4 24
$16.2M
$12.6M
Q3 24
$15.6M
$14.6M
Q2 24
$14.7M
$14.9M
Q1 24
$14.3M
$13.0M
Net Profit
CXDO
CXDO
DERM
DERM
Q4 25
$1.2M
$-1.2M
Q3 25
$1.4M
$-2.3M
Q2 25
$1.2M
$-3.8M
Q1 25
$1.2M
$-4.1M
Q4 24
$507.0K
$1.5M
Q3 24
$148.0K
$-2.4M
Q2 24
$588.0K
$-3.4M
Q1 24
$434.0K
$-10.4M
Gross Margin
CXDO
CXDO
DERM
DERM
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
82.3%
Q3 24
63.9%
Q2 24
56.0%
Q1 24
47.7%
Operating Margin
CXDO
CXDO
DERM
DERM
Q4 25
6.3%
-2.8%
Q3 25
7.5%
-9.0%
Q2 25
6.7%
-19.2%
Q1 25
7.2%
-25.3%
Q4 24
3.9%
17.7%
Q3 24
0.9%
-19.8%
Q2 24
3.9%
-19.7%
Q1 24
3.4%
-77.4%
Net Margin
CXDO
CXDO
DERM
DERM
Q4 25
6.7%
-7.8%
Q3 25
8.3%
-13.6%
Q2 25
7.4%
-25.3%
Q1 25
7.3%
-31.0%
Q4 24
3.1%
12.1%
Q3 24
0.9%
-16.3%
Q2 24
4.0%
-22.6%
Q1 24
3.0%
-80.1%
EPS (diluted)
CXDO
CXDO
DERM
DERM
Q4 25
$0.03
$-0.04
Q3 25
$0.05
$-0.09
Q2 25
$0.04
$-0.16
Q1 25
$0.04
$-0.18
Q4 24
$0.03
$0.10
Q3 24
$0.00
$-0.12
Q2 24
$0.02
$-0.17
Q1 24
$0.01
$-0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CXDO
CXDO
DERM
DERM
Cash + ST InvestmentsLiquidity on hand
$24.1M
Total DebtLower is stronger
$114.0K
$25.3M
Stockholders' EquityBook value
$63.8M
$31.9M
Total Assets
$77.7M
$94.6M
Debt / EquityLower = less leverage
0.00×
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CXDO
CXDO
DERM
DERM
Q4 25
$24.1M
Q3 25
$24.9M
Q2 25
$20.3M
Q1 25
$21.1M
Q4 24
$20.3M
Q3 24
$22.5M
Q2 24
$23.9M
Q1 24
$24.1M
Total Debt
CXDO
CXDO
DERM
DERM
Q4 25
$114.0K
$25.3M
Q3 25
$236.0K
$25.2M
Q2 25
$356.0K
$25.1M
Q1 25
$475.0K
$25.0M
Q4 24
$592.0K
$24.9M
Q3 24
$709.0K
$19.8M
Q2 24
$823.0K
$19.7M
Q1 24
$937.0K
$14.7M
Stockholders' Equity
CXDO
CXDO
DERM
DERM
Q4 25
$63.8M
$31.9M
Q3 25
$61.3M
$25.9M
Q2 25
$58.3M
$19.2M
Q1 25
$55.2M
$21.5M
Q4 24
$51.4M
$20.1M
Q3 24
$49.5M
$10.9M
Q2 24
$48.2M
$11.3M
Q1 24
$46.8M
$13.0M
Total Assets
CXDO
CXDO
DERM
DERM
Q4 25
$77.7M
$94.6M
Q3 25
$76.0M
$85.2M
Q2 25
$71.4M
$81.2M
Q1 25
$67.4M
$85.0M
Q4 24
$64.9M
$80.2M
Q3 24
$62.3M
$64.0M
Q2 24
$59.6M
$65.2M
Q1 24
$57.5M
$66.6M
Debt / Equity
CXDO
CXDO
DERM
DERM
Q4 25
0.00×
0.79×
Q3 25
0.00×
0.97×
Q2 25
0.01×
1.30×
Q1 25
0.01×
1.16×
Q4 24
0.01×
1.24×
Q3 24
0.01×
1.81×
Q2 24
0.02×
1.75×
Q1 24
0.02×
1.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CXDO
CXDO
DERM
DERM
Operating Cash FlowLast quarter
$2.3M
$-6.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.93×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CXDO
CXDO
DERM
DERM
Q4 25
$2.3M
$-6.3M
Q3 25
$4.4M
$-2.4M
Q2 25
$1.3M
$-942.0K
Q1 25
$1.2M
$-2.8M
Q4 24
$2.2M
$2.2M
Q3 24
$1.6M
$-1.2M
Q2 24
$2.7M
$-5.2M
Q1 24
$-166.0K
$-5.0M
Free Cash Flow
CXDO
CXDO
DERM
DERM
Q4 25
Q3 25
Q2 25
$1.3M
Q1 25
Q4 24
$2.1M
Q3 24
Q2 24
Q1 24
FCF Margin
CXDO
CXDO
DERM
DERM
Q4 25
Q3 25
Q2 25
7.7%
Q1 25
Q4 24
13.2%
Q3 24
Q2 24
Q1 24
Capex Intensity
CXDO
CXDO
DERM
DERM
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
CXDO
CXDO
DERM
DERM
Q4 25
1.93×
Q3 25
3.05×
Q2 25
1.05×
Q1 25
1.06×
Q4 24
4.29×
1.46×
Q3 24
10.95×
Q2 24
4.51×
Q1 24
-0.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CXDO
CXDO

Services$8.6M48%
Software Solution Segment$8.3M46%
Products$1.1M6%

DERM
DERM

Qbrexza$5.5M35%
Emrosi$5.0M31%
Accutane$3.1M19%
Other$2.5M15%

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