Filing Flows › Creative Realities (CREX) › Q4 2024
Creative Realities (CREX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 14, 2025
Creative Realities (CREX) reported revenue of $11.0M for the fourth quarter 2024 (Q4 2024), -24% from a year earlier and -24% from the quarter before. Operating margin was -6.5%, net loss $2.8M (25.8% of revenue).
Creative Realities, Q4 2024: revenue $11.0M (-24% year over year), operating margin -6.5%, net loss $2.8M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.0M | -24% | -24% |
| Operating profit | −$714K | — | — |
| Net earnings | −$2.8M | — | — |
| Operating cash flow | −$1.4M | — | — |
What changed
Revenue was $11.0M in Q4 2024, down 24% year over year and down 24% from the previous quarter. Managed Services was the largest line at 46% of revenue.
Gross margin was 44.2%, down 7.6 points from a year earlier. Operating costs exceeded revenue by $714K, an operating margin of -6.5%. Operating expenses grew 1% against a revenue fall of 24%. The quarter ended with a net loss of $2.8M, after a profit of $54K the previous quarter. Net interest and other expense of $2.2M was the main reason.
Operating cash flow was −$1.4M. Non-cash charges added back $4K of share-based compensation. Working capital and other items added $1.5M. Capital expenditures of $2K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Creative Realities' revenue in the fourth quarter 2024?
Creative Realities (CREX) reported revenue of $11.0M for the fourth quarter 2024 (Q4 2024), -24% from a year earlier and -24% from the quarter before.
Was Creative Realities profitable in the fourth quarter 2024?
Operating loss was $714K (-6.5% of revenue) and net loss $2.8M.
Source: Creative Realities 10-K on SEC EDGAR.