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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

業績電話會議摘要 | Creative Realities (CREX.US) 2024 年第一季度業績會議
moomoo AI ·  05/10 14:19  · 電話會議

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

以下是 Creative Realities, Inc. (CREX) 2024 年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • 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報告稱,2024年第一季度收入爲1,230萬美元,比去年同期增長23.5%。

  • 毛利爲580萬美元,較2023年第一季度公佈的510萬美元有所增加。

  • 該公司調整後的息稅折舊攤銷前利潤從2023年第一季度的100萬美元下降至80萬美元。

  • 2024年的年度經常性收入提高到1770萬澳元,比上年增長140萬美元。

Business Progress:

業務進展:

  • 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計劃在擴大銷售渠道的同時,迎來破紀錄的一年。

  • 2024年的ARR指導從1,800萬美元提高到2000萬美元。

  • 2,000萬美元的優先循環信貸額度承諾已獲得擔保,另外還有500萬美元的手風琴功能。

  • 據報道,各行各業都收購了大量客戶,擴大了現有客戶關係。

  • 該公司看到其快餐店直通車解決方案的採用率正在加快。

  • 由於對ERP應用程序的投資、額外的銷售人員和渠道的增長,管理費用有所增加。

  • 儘管積壓量略有減少,但仍然相當可觀。該公司正在探索潛在的收購,利用其擴大的產能將該品牌轉變爲數字標牌解決方案的領導者。

More details: Creative Realities IR

更多詳情: 創意現實 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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