Creative Realities, Inc. (CREX) Q3 2024 Earnings Call Transcript Summary
Creative Realities, Inc. (CREX) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDA increased 53% year-over-year to $2.3 million.The following is a summary of the Creative Realities, Inc. (CREX) Q3 2024 Earnings Call Transcript:
以下是Creative Realities, Inc. (CREX) 2024年第3季度業績會轉錄的總結：
Financial Performance:
財務表現：
Q3 revenue was $14.4 million, up 25% year-over-year.
Adjusted EBITDA increased 53% year-over-year to $2.3 million.
第3季度營業收入爲1440萬，同比增長25%。
調整後的EBITDA同比增長53%，達到230萬。
Business Progress:
業務進展：
Completed a significant IPTV project in an NHL arena.
Completed NetSuite ERP migration, enhancing operational efficiency.
在NHL體育場完成了一項重要的IPTV項目。
完成了NetSuite ERP遷移，提高了運營效率。
Opportunity:
機會：
Anticipates growth in QSR and retail through digital signage.
Began international expansion into Mexico with proof of concept projects.
預計通過數字標牌在快速服務餐廳和零售業增長。
開始在墨西哥進行國際擴張，並實施概念板塊項目。
Risk:
風險：
Delays in customer deployments may affect revenue recognition timing.
Holiday season could delay project finalizations and revenue.
客戶部署的延遲可能會影響營業收入的確認時間。
假日季節可能會延遲項目的最終確定和營業收入。
Financial Performance:
財務表現：
Creative Realities reported a record third quarter revenue of $14.4 million, up 25% year-over-year.
Gross profit for the quarter reached $6.6 million, a 24.5% increase from the previous year.
Adjusted EBITDA improved significantly to approximately $2.3 million, a 53% increase from the previous year.
Annual recurring revenue (ARR) achieved an annual run rate of $18.1 million.
Consolidated gross margin was roughly stable at 45.6%, aligning with the previous year.
Overall, the company's financials are on track to finish 2024 with record results.
Creative Realities報告第三季度營業收入創紀錄達到1440萬，同比增長25%。
本季度毛利潤達到660萬，比去年增加24.5%。
調整後的EBITDA顯著改善至大約230萬美金，比去年增長53%。
年度經常性收入（ARR）達到了1810萬美金的年運行率。
合併毛利率大致穩定在45.6%，與去年持平。
總體而言，公司財務狀況良好，預計將以創紀錄的業績完成2024年。
Business Progress:
業務進展：
Creative Realities has a robust pipeline of opportunities, with multiple large contracts expected in the near future.
The company continues to expand its IPTV solutions in sports and entertainment venues, including the completion of a significant project in an NHL arena.
Efforts in digital menu boards, digital drive-throughs, retail media networks, and IPTV solutions remain strong across industry verticals.
The NetSuite ERP migration was completed, enhancing operational efficiency.
Plans for SOC compliance are in progress to further strengthen the company's product trustworthiness.
creative realities擁有強大的機會管道，預計在不久的將來將有多個大型合同簽署。
公司繼續在體育和娛樂場所擴展其IPTV解決方案，包括在NHL體育館完成了一項重要項目。
在數字菜單板、數字自助點餐機、零售媒體網絡和IPTV解決方案方面的努力在行業板塊中仍然強勁。
NetSuite ERP遷移已完成，提高了運營效率。
SOC合規計劃正在進行中，以進一步增強公司的產品可信度。
Opportunities:
機會：
Continued growth is driven by strong demand across all industry verticals with plans to capitalize further in sectors like QSR and retail through digital signage and media networks.
International expansion into Mexico has begun, with initial proof of concept projects underway, indicating potential growth outside the U.S.
The reorganization and expansion of the IPTV division suggest enhanced focus and anticipated growth, particularly in sports and entertainment venues.
持續增長是由於所有行業板塊強勁的需求，並計劃通過數字標牌和媒體網絡在像快餐和零售等領域進一步擴大。
國際擴張已在墨西哥開始，初步概念項目正在進行中，表明美國以外的潛在增長。
IPTV部門的重組和擴展表明增強的關注度和預期增長，特別是在體育和娛樂場所。
Risks:
風險：
Some delays in customer deployments and orders, particularly with large-scale enterprise-grade deployments, may affect the timing of revenue recognition.
The holiday season could cause further delays in project finalizations and revenue recognition.
客戶部署和訂單的一些延遲，特別是對於大規模企業級部署，可能會影響營業收入確認的時機。
假期季節可能會導致項目最終確定和營業收入確認的進一步延遲。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
