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Earnings Call Summary | Creative Realities(CREX.US) Q1 2024 Earnings Conference

Earnings Call Summary | Creative Realities(CREX.US) Q1 2024 Earnings Conference

财报电话会议摘要 | Creative Realities (CREX.US) 2024 年第一季度财报会议
moomoo AI ·  05/10 14:19  · 电话会议

The following is a summary of the Creative Realities, Inc. (CREX) Q1 2024 Earnings Call Transcript:

以下是 Creative Realities, Inc. (CREX) 2024 年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • Creative Realities reported Q1 2024 revenue of $12.3 million, a 23.5% increase from the same period last year.

  • Gross profit of $5.8 million represents an increase from the $5.1 million reported in Q1 2023.

  • The company saw a decrease in Adjusted EBITDA to $0.8 million from the $1 million of Q1 2023.

  • The Annual Recurring Revenue for 2024 was raised to a run rate of $17.7 million, a gain of $1.4 million from the previous year.

  • Creative Realities报告称,2024年第一季度收入为1,230万美元,比去年同期增长23.5%。

  • 毛利为580万美元,较2023年第一季度公布的510万美元有所增加。

  • 该公司调整后的息税折旧摊销前利润从2023年第一季度的100万美元下降至80万美元。

  • 2024年的年度经常性收入提高到1770万澳元,比上年增长140万美元。

Business Progress:

业务进展:

  • Creative Realities plans a record-breaking year while expanding their sales funnel.

  • The ARR guidance for 2024 was raised from $18 million to $20 million.

  • A $20 million senior revolving credit facility commitment has been secured, with an additional $5 million accordion feature.

  • Major customer acquisitions and broadened existing customer relationships were reported across various sectors.

  • The company is seeing accelerating adoption of its drive-thru solution for quick-serve restaurants.

  • Administrative expenses have risen, given the investments into ERP applications, additional sales staff, and channel growth.

  • Even though the backlog has slightly reduced, it remains considerably significant. The company is exploring potential acquisitions, utilizing its expanded capacity to transform the brand into a leader in digital signage solutions.

  • Creative Relities计划在扩大销售渠道的同时,迎来破纪录的一年。

  • 2024年的ARR指导从1,800万美元提高到2000万美元。

  • 2,000万美元的优先循环信贷额度承诺已获得担保,另外还有500万美元的手风琴功能。

  • 据报道,各行各业都收购了大量客户,扩大了现有客户关系。

  • 该公司看到其快餐店直通车解决方案的采用率正在加快。

  • 由于对ERP应用程序的投资、额外的销售人员和渠道的增长,管理费用有所增加。

  • 尽管积压量略有减少,但仍然相当可观。该公司正在探索潜在的收购,利用其扩大的产能将该品牌转变为数字标牌解决方案的领导者。

More details: Creative Realities IR

更多详情: 创意现实 IR

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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