NASDAQ : CREX
Creative Realities, Inc. — Financial statements
Technology · Software - Application · United States
Last price 2.1 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 28.41M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Creative Realities, Inc. (CREX) reported revenue of 72.32M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 72.32M | 57.23M | 50.85M | 45.17M | 43.35M | 18.44M |
| Cost of Revenue | 42.18M | 31.52M | 26.84M | 22.98M | 25.61M | 10.08M |
| Gross Profit | 30.14M | 25.71M | 24.01M | 22.18M | 17.74M | 8.36M |
| Selling, General & Admin | 38.23M | 26.91M | 23.07M | 20.84M | 15.54M | 8.47M |
| Research & Development | 1.25M | 550.00K | ||||
| Operating Expenses | 38.23M | 26.91M | 23.07M | 20.84M | 19.63M | 10.39M |
| Operating Income | -8.10M | -1.20M | 938.00K | 1.35M | -1.89M | -2.03M |
| Interest Expense | -4.54M | -2.48M | -1.77M | -2.99M | -2.74M | -805.00K |
| Other Non Operating Income (Expenses) | -36.00K | 60.00K | 102.00K | 211.00K | 7.41M | -525.00K |
| EBT Excluding Unusual Items | -12.67M | -3.62M | -735.00K | -1.44M | 2.77M | -3.36M |
| Merger & Restructuring Charges | -2.24M | -2.24M | -444.00K | |||
| Asset Writedown | -5.71M | -5.71M | ||||
| Other Unusual Items | -317.00K | 4.46M | -2.67M | -1.42M | -375.00K | 3.62M |
| Pretax Income | -20.94M | -7.11M | -3.40M | -2.85M | 1.96M | 254.00K |
| Income Tax Expense | 248.00K | 1.17M | 106.00K | 83.00K | 79.00K | 22.00K |
| Net Income | -21.18M | -8.28M | -3.51M | -2.94M | 1.88M | 232.00K |
| Preferred Dividends & Other Adjustments | 1.02M | 232.00K | ||||
| Net Income to Common | -22.21M | -8.51M | -3.51M | -2.94M | 1.88M | 232.00K |
| Shares Outstanding (Basic) | 10.54M | 10.49M | 10.44M | 8.48M | 6.66M | 3.92M |
| Shares Outstanding (Diluted) | 10.54M | 10.49M | 10.44M | 8.48M | 6.66M | 3.92M |
| EPS (Basic) | -2.11 | -0.81 | -0.34 | -0.35 | 0.28 | 0.06 |
| EPS (Diluted) | -2.11 | -0.81 | -0.34 | -0.35 | 0.28 | 0.06 |
| Free Cash Flow | -10.17M | -8.06M | 3.37M | 4.86M | -857.00K | 452.00K |
| Free Cash Flow Per Share | -0.96 | -0.77 | 0.32 | 0.57 | -0.13 | 0.12 |
| Gross Margin | 41.67% | 44.93% | 47.22% | 49.11% | 40.92% | 45.33% |
| Operating Margin | -11.20% | -2.10% | 1.84% | 2.98% | -4.35% | -11.02% |
| Profit Margin | -30.71% | -14.87% | -6.90% | -6.50% | 4.33% | 1.26% |
| Free Cash Flow Margin | -14.06% | -14.08% | 6.63% | 10.76% | -1.98% | 2.45% |
| EBITDA | 3.77M | 5.29M | 5.02M | 4.57M | 945.00K | -667.00K |
| EBITDA Margin | 5.21% | 9.25% | 9.86% | 10.11% | 2.18% | -3.62% |
| D&A For EBITDA | 11.87M | 6.49M | 4.08M | 3.22M | 2.83M | 1.36M |
| EBIT | -8.10M | -1.20M | 938.00K | 1.35M | -1.89M | -2.03M |
| EBIT Margin | -11.20% | -2.10% | 1.84% | 2.98% | -4.35% | -11.02% |
| Effective Tax Rate | 4.04% | 8.66% | ||||
| Revenue as Reported | 72.32M | 57.23M | 50.85M | 45.17M | 43.35M | 18.44M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 10.70M | 1.56M | 1.04M | 2.91M | 1.63M | 2.88M |
| Cash & Short-Term Investments | 10.70M | 1.56M | 1.04M | 2.91M | 1.63M | 2.88M |
| Accounts Receivable | 15.53M | 19.22M | 10.61M | 12.47M | 8.26M | 3.38M |
| Other Receivables | 1.69M | 4.54M | 196.00K | |||
| Receivables | 17.22M | 23.76M | 10.80M | 12.47M | 8.26M | 3.38M |
| Inventory | 5.94M | 7.42M | 2.00M | 2.57M | 2.27M | 1.88M |
| Prepaid Expenses | 999.00K | 808.00K | 663.00K | 665.00K | 1.82M | 1.63M |
| Total Current Assets | 34.86M | 33.55M | 14.50M | 18.61M | 13.98M | 9.77M |
| Property, Plant & Equipment | 24.30M | 27.71M | 1.11M | 1.54M | 1.78M | 729.00K |
| Goodwill | 50.36M | 53.27M | 26.45M | 26.45M | 26.45M | 7.53M |
| Other Intangible Assets | 32.97M | 35.91M | 22.84M | 24.06M | 23.75M | 4.85M |
| Long-Term Deferred Charges | 359.00K | 435.00K | 549.00K | |||
| Other Long-Term Assets | 96.00K | 176.00K | -237.00K | 112.00K | 43.00K | 5.00K |
| Total Assets | 142.94M | 151.04M | 65.21M | 70.78M | 66.02M | 22.88M |
| Accounts Payable | 16.37M | 16.67M | 6.35M | 7.88M | 3.76M | 2.52M |
| Accrued Expenses | 3.27M | 3.84M | 3.16M | 3.72M | 3.83M | 2.11M |
| Short-Term Debt | 2.00M | |||||
| Current Portion of Long-Term Debt | 5.49M | 4.43M | 3.69M | 2.50M | ||
| Current Portion of Leases | 6.09M | 4.39M | 512.00K | 547.00K | 711.00K | 281.00K |
| Current Unearned Revenue | 4.87M | 8.12M | 1.14M | 1.13M | 1.22M | 426.00K |
| Other Current Liabilities | 2.48M | 1.82M | 15.00M | 3.23M | 2.48M | 1.52M |
| Total Current Liabilities | 38.58M | 39.27M | 26.16M | 20.20M | 16.50M | 6.86M |
| Long-Term Debt | 41.15M | 39.52M | 13.04M | 9.83M | 13.07M | 6.88M |
| Long-Term Leases | 14.95M | 19.52M | 410.00K | 640.00K | 873.00K | 373.00K |
| Long-Term Deferred Tax Liabilities | 627.00K | 3.54M | 133.00K | |||
| Other Long-Term Liabilities | 11.28M | 9.99M | 45.00K | |||
| Total Liabilities | 95.30M | 101.85M | 39.75M | 41.95M | 40.44M | 14.15M |
| Common Stock | 131.00K | 105.00K | 104.00K | 104.00K | 72.00K | 120.00K |
| Additional Paid-In Capital | 95.82M | 85.30M | 82.21M | 82.07M | 75.92M | 60.86M |
| Retained Earnings | -76.49M | -65.13M | -56.85M | -53.35M | -50.41M | -52.25M |
| Comprehensive Income & Other | -304.00K | 1.22M | ||||
| Total Common Equity | 19.16M | 21.50M | 25.46M | 28.83M | 25.58M | 8.73M |
| Shareholders' Equity | 47.64M | 49.19M | 25.46M | 28.83M | 25.58M | 8.73M |
| Total Liabilities & Equity | 142.94M | 151.04M | 65.21M | 70.78M | 66.02M | 22.88M |
| Total Debt | 67.68M | 67.86M | 13.97M | 14.71M | 19.16M | 7.53M |
| Net Cash (Debt) | -56.97M | -66.31M | -12.93M | -11.80M | -17.52M | -4.65M |
| Net Cash Per Share | -5.41 | -6.32 | -1.24 | -1.39 | -2.63 | -1.19 |
| Filing Date Shares Outstanding | 13.53M | 10.57M | 10.45M | 10.45M | 7.39M | 5.71M |
| Total Common Shares Outstanding | 13.10M | 10.52M | 10.45M | 10.41M | 7.27M | 4.00M |
| Working Capital | -3.72M | -5.73M | -11.67M | -1.59M | -2.51M | 2.91M |
| Book Value Per Share | 1.46 | 2.04 | 2.44 | 2.77 | 3.52 | 2.18 |
| Tangible Book Value | -64.17M | -67.67M | -23.83M | -21.68M | -24.63M | -3.65M |
| Tangible Book Value Per Share | -4.90 | -6.43 | -2.28 | -2.08 | -3.39 | -0.91 |
| Machinery | 3.16M | 430.00K | 539.00K | 337.00K | 210.00K | |
| Leasehold Improvements | 425.00K | 141.00K | 298.00K | 197.00K | 135.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -21.18M | -8.28M | -3.51M | -2.94M | 1.88M | 232.00K |
| Depreciation & Amortization | 11.87M | 6.49M | 4.08M | 3.22M | 2.83M | 1.36M |
| Other Amortization | 249.00K | 137.00K | 632.00K | 1.44M | 1.27M | 159.00K |
| Asset Writedown & Restructuring Costs | 5.71M | 5.71M | ||||
| Stock-Based Compensation | 1.65M | 2.28M | 13.00K | 563.00K | 2.12M | 2.02M |
| Provision & Write-off of Bad Debts | 385.00K | 229.00K | 13.00K | 153.00K | 398.00K | 10.00K |
| Other Operating Activities | 1.22M | -2.83M | 2.94M | 1.57M | -7.18M | -4.40M |
| Change in Accounts Receivable | -2.77M | -6.06M | 1.85M | -4.36M | -3.93M | -673.00K |
| Change in Inventory | -3.53M | -3.85M | 615.00K | -409.00K | -197.00K | 62.00K |
| Change in Accounts Payable | 4.56M | 4.36M | -1.39M | 4.49M | 914.00K | 869.00K |
| Change in Unearned Revenue | -4.38M | -549.00K | 5.00K | -91.00K | -462.00K | -338.00K |
| Change in Other Net Operating Assets | -1.29M | -5.40M | -1.87M | 1.52M | 1.66M | 1.16M |
| Operating Cash Flow | -7.52M | -7.75M | 3.38M | 5.17M | -708.00K | 471.00K |
| Capital Expenditures | -2.65M | -306.00K | -11.00K | -306.00K | -149.00K | -19.00K |
| Cash Acquisitions | -37.98M | -37.98M | -17.19M | |||
| Sale (Purchase) of Intangibles | -1.80M | -2.19M | -2.79M | -3.72M | -4.14M | -1.14M |
| Investing Cash Flow | -42.43M | -40.48M | -2.80M | -4.03M | -21.48M | -1.16M |
| Short-Term Debt Issued | 2.00M | |||||
| Long-Term Debt Issued | 77.71M | 31.46M | 9.87M | |||
| Total Debt Issued | 77.60M | 77.71M | 31.46M | 11.87M | ||
| Long-Term Debt Repaid | -52.58M | -33.61M | -5.32M | -1.04M | -104.00K | |
| Net Debt Issued (Repaid) | 22.85M | 25.13M | -2.15M | -5.32M | 10.82M | -104.00K |
| Issuance of Common Stock | 10.78M | 5.45M | 1.81M | 1.85M | ||
| Other Financing Activities | -3.59M | -6.39M | -306.00K | 8.29M | ||
| Financing Cash Flow | 60.04M | 48.74M | -2.45M | 137.00K | 20.93M | 1.75M |
| Foreign Exchange Rate Adjustments | 46.00K | 10.00K | ||||
| Net Cash Flow | 10.13M | 522.00K | -1.87M | 1.28M | -1.25M | 1.06M |
| Free Cash Flow | -10.17M | -8.06M | 3.37M | 4.86M | -857.00K | 452.00K |
| Free Cash Flow Margin | -14.06% | -14.08% | 6.63% | 10.76% | -1.98% | 2.45% |
| Free Cash Flow Per Share | -0.96 | -0.77 | 0.32 | 0.57 | -0.13 | 0.12 |
| Levered Free Cash Flow | 4.78M | -9.61M | 13.33M | 1.49M | -1.72M | 167.50K |
| Unlevered Free Cash Flow | 7.37M | -8.20M | 13.81M | 1.92M | -1.27M | 511.62K |
| Cash Interest Paid | 2.96M | 1.85M | 1.20M | 1.69M | 1.35M | 106.00K |
| Cash Income Tax Paid | 34.00K | 56.00K | 52.00K | 78.00K | 43.00K | 32.00K |
| Change in Working Capital | -7.41M | -11.49M | -786.00K | 1.15M | -2.02M | 1.08M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 29.69M | 27.45M | 25.59M | 24.57M | 12.64M | 16.71M |
| Enterprise Value | 86.66M | 51.11M | 36.63M | 32.17M | 29.08M | 21.54M |
| Last Close Price | 2.13 | 2.61 | 2.45 | 2.36 | 1.74 | 4.20 |
| PE Ratio | 6.74 | 72.04 | ||||
| Forward PE | 58.67 | 42.83 | 14.22 | 37.00 | 37.00 | |
| PS Ratio | 0.40 | 0.48 | 0.50 | 0.54 | 0.29 | 0.91 |
| PB Ratio | 1.46 | 0.56 | 1.00 | 0.85 | 0.49 | 1.92 |
| P/FCF Ratio | 7.59 | 5.05 | 36.98 | |||
| P/OCF Ratio | 7.57 | 4.75 | 35.48 | |||
| EV/Sales Ratio | 1.19 | 0.89 | 0.72 | 0.71 | 0.67 | 1.17 |
| EV/EBITDA Ratio | 22.77 | 9.66 | 7.30 | 7.04 | 30.77 | |
| EV/EBIT Ratio | 39.05 | 23.90 | ||||
| EV/FCF Ratio | 10.87 | 6.62 | 47.66 | |||
| Debt / Equity Ratio | 1.42 | 1.38 | 0.55 | 0.51 | 0.75 | 0.86 |
| Debt / EBITDA Ratio | 15.26 | 11.48 | 2.49 | 2.76 | 12.57 | |
| Debt / FCF Ratio | 4.14 | 3.02 | 16.66 | |||
| Net Debt / Equity Ratio | 1.20 | 1.35 | 0.51 | 0.41 | 0.69 | 0.53 |
| Net Debt / EBITDA Ratio | 15.12 | 12.53 | 2.58 | 2.58 | 18.54 | -6.97 |
| Net Debt / FCF Ratio | -5.60 | -8.23 | 3.84 | 2.43 | -20.45 | 10.28 |
| Asset Turnover | 0.70 | 0.53 | 0.75 | 0.66 | 0.97 | 0.85 |
| Inventory Turnover | 12.06 | 6.70 | 11.77 | 9.51 | 12.35 | 4.76 |
| Quick Ratio | 0.72 | 0.65 | 0.45 | 0.76 | 0.60 | 0.91 |
| Current Ratio | 0.90 | 0.85 | 0.55 | 0.92 | 0.85 | 1.43 |
| Return on Equity (ROE) | -54.96% | -22.17% | -12.92% | -10.80% | 10.94% | 3.55% |
| Return on Assets (ROA) | -4.90% | -0.69% | 0.86% | 1.23% | -2.66% | -5.84% |
| Return on Invested Capital (ROIC) | -7.57% | -1.56% | 2.37% | 3.21% | -6.42% | -13.88% |
| Return on Capital Employed (ROCE) | -7.80% | -1.10% | 2.40% | 2.70% | -3.80% | -12.70% |
| Earnings Yield | -96.12% | -30.14% | -13.71% | -11.96% | 14.84% | 1.39% |
| FCF Yield | -35.30% | -29.34% | 13.17% | 19.79% | -6.78% | 2.70% |
| Buyback Yield / Dilution | -0.77% | -0.53% | -23.13% | -27.24% | -70.00% | -15.35% |