How did CXDO's revenue and expenses trend in Q4 2024?

In Q4 2024, Crexendo (CXDO) demonstrated a clear revenue concentration in its Cloud Telecommunications Services and Software Solutions segments, with total revenues amounting to $37.46 million. Here's a detailed breakdown:

1. **Revenue Segmentation**: CXDO's revenue was primarily driven by two business segments:
- **Cloud Telecommunications Services**: Contributed $28.27 million, with a notable $9.19 million coming from this segment.
- **Software Solutions**: Generated $23.37 million, with an additional $16.33 million coming from this segment as well.
- **Other Business**: Contributed $9.19 million from Cloud Telecommunications Services and $6.87 million from Software Solutions.
2. **Total Expenses**: The company's total expenses for the quarter were $16.24 million, which is essential to note for understanding the net income margin.
3. **Net Income**: CXDO reported a net income of $507,000 for the quarter, indicating a healthy financial performance despite the competitive landscape in the telecommunications and software sectors.

The data highlights CXDO's strategic focus on its core business segments, which has positively impacted its revenue streams. However, the company's net income margin could be improved by managing its expenses more efficiently.