Financial Data and Key Metrics Changes - The company reported revenue of $9.7 million for Q1 2025, down from $12.3 million in Q1 2024, attributed to installation timing on several large projects [6][7] - Gross profit decreased to $4.5 million from $5.8 million year-over-year, with a gross margin of 46%, consistent with the prior year [7] - Annual recurring revenue (ARR) increased to a run rate of $17.3 million at the end of Q1 2025, up from $16.8 million at the start of the year [7] - Adjusted EBITDA remained stable at $500,000, with SG&A expenses down 11% to $5.2 million compared to $5.8 million in Q1 2024 [8][16] - The company’s gross and net debt rose to approximately $23.2 million and $22.1 million respectively, compared to $13 million and $12 million at the start of 2025 [16][18] Business Line Data and Key Metrics Changes - The company is engaged in multiple projects, including three MLB projects and a significant partnership with a well-known upscale quick service restaurant chain [11][20] - The BCTV project is progressing, with over 300 site installations completed and plans for an additional 200 sites starting in Q3 2025, expected to generate approximately $3 million in revenue [20][21] - The DigiPoint Media Network is set to deploy approximately 2,000 sites, potentially generating over $4 million in hardware and installation revenue [21] Market Data and Key Metrics Changes - The company has expanded its sports entertainment team and completed its largest deployment in an NHL arena, indicating strong momentum in this sector [19] - The company is actively pursuing opportunities in Mexico, with a POC scheduled for a top convenience store chain and discussions with major retailers [58][60] Company Strategy and Development Direction - The company aims to optimize its capital structure and manage debt while focusing on growth opportunities and improving margins [11][13] - The introduction of the AdLogic CPM platform is expected to enhance the company's position in the market, providing targeted campaign capabilities [14] - The company is committed to achieving SOC 2 Type 2 compliance by year-end, enhancing its credibility with enterprise customers [22] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about revenue acceleration beginning in Q2 2025 and expects adjusted EBITDA as a percentage of revenue to rise to 15% by year-end [13] - The company is confident in its pipeline of opportunities and the quality of its top prospects, despite global trade uncertainties [28][29] - Management noted that the sports and entertainment vertical has a high appetite for spending, with many clients looking to upgrade facilities [51] Other Important Information - The company has revamped its operations and warehouse facilities, increasing capacity to handle anticipated growth in the second half of the year [23][41] - The company is strategically using cash flow to manage debt and optimize its capital structure [11][17] Q&A Session Summary Question: Expectations for screen installs related to the large QSR win - Management expects to begin installations at 20 locations or more per month by the end of Q3 2025, with 600 out of 1,000 locations expressing interest in converting to digital [25][26] Question: Details on delays in the first quarter - Delays were due to three separate projects, not a broad-based issue, and management is seeing a reversal in the second quarter [27] Question: Pipeline of large procurements and impact of global trade uncertainty - Management is still progressing with discussions on large opportunities, with no current projects on hold due to tariffs [28][29] Question: Demand for the ad tech solution and improvements in attach rates - The ad tech market is in the early stages, with significant interest from large retail customers exploring media networks [31][33] Question: Insights on the sports and entertainment vertical - The vertical has a high appetite for spending, with many clients looking to enhance facilities and generate income from digital screens [51][52]

Core Insights - Wireless Ronin Technologies Inc. reported quarterly earnings of $0.32 per share, significantly beating the Zacks Consensus Estimate of a loss of $0.12 per share, representing an earnings surprise of 366.67% [1] - The company posted revenues of $9.73 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 10.70%, and down from $12.29 million year-over-year [2] - The stock has underperformed, losing about 27.4% since the beginning of the year, while the S&P 500 gained 0.1% [3] Earnings Outlook - The current consensus EPS estimate for the coming quarter is -$0.07 on revenues of $12.7 million, and $0.16 on revenues of $55.95 million for the current fiscal year [7] - The estimate revisions trend for Wireless Ronin Technologies is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Internet - Software industry, to which Wireless Ronin Technologies belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

Financial Performance - Sales decreased by $2,551, or 21%, for the three months ending March 31, 2025, compared to the same period in 2024, with hardware revenues down 18% and services revenues down 22%[116] - Gross profit margin was 46% for the three months ending March 31, 2025, compared to 47% in the same period in 2024, with hardware gross margin increasing by 9%[117] - Net income for the three months ending March 31, 2025, was $3,368, a significant increase of $3,477 compared to a net loss of $109 in the same period in 2024[115] - The company's EBITDA for the quarter was $4,977, while the Adjusted EBITDA was $467, indicating a significant difference due to various adjustments[126] Operating Expenses - Total operating expenses decreased by $665, or 11%, for the three months ending March 31, 2025, driven by reductions in sales and marketing expenses by 15% and general and administrative expenses by 10%[115] - Sales and marketing expenses decreased by $218, or 15%, primarily due to reductions in salaries and trade show activities[118] - General and administrative expenses decreased by $447, or 10%, mainly due to reduced payroll-related expenses and lower facilities costs[119] - The Company recognized $265 in other expenses for the three months ended March 31, 2025, primarily related to legal and severance expenses[122] Revenue Streams - Managed services revenue, including SaaS subscription services, decreased by $527, or 11%, due to a reduction in the quantity of licenses from a single customer[116] - The Company expects continuous growth in recurring SaaS revenue as digital signage adoption expands across vertical markets[109] Cash Flow and Liquidity - The net cash used in operating activities during the three months ended March 31, 2025 was $2,449, compared to net cash provided by operating activities of $1,938 for the same period in 2024[131] - The company generated net cash provided by financing activities of $3,182 during the three months ended March 31, 2025, primarily from borrowings[133] - The company remains dependent on improving cash flows from operations and securing additional sources of liquidity to meet financial obligations[127] - Substantial doubt exists about the company's ability to continue as a going concern over the next twelve months due to current liquidity levels and projected capital needs[130] Debt and Borrowings - As of March 31, 2025, the company had an accumulated deficit of $53,486 and positive working capital of $3,133[127] - The company had $19,238 in outstanding borrowings under the revolving credit facility as of March 31, 2025, with total availability under the facility at $2,862[136] - The effective interest rate on the revolving credit facility at March 31, 2025 was 7.43%[135] Shareholder Actions - The company issued Settlement Warrants to former Reflect stockholders to purchase 777,800 shares at an exercise price of $3.25 per share[140] Advertising and Market Presence - The Company’s platforms deliver approximately 50 million ads daily, showcasing the scale of its digital advertising solutions[110] - For the three months ended March 31, 2025, the company generated a net income of $3,368, which included a $4,775 gain on settlement of contingent liability[131]

Financial Performance - First quarter revenue was $9.7 million, down 21% from $12.3 million in the same period of fiscal 2024[4] - Consolidated gross profit for the first quarter was $4.5 million, compared to $5.8 million in the prior-year period, resulting in a gross margin of 45.7% versus 46.9%[5] - Adjusted EBITDA for the first quarter was $0.5 million, a decrease from $0.8 million in the prior-year period[9] - Total sales for the three months ended March 31, 2025, were $9,734 million, a decrease of 20.1% compared to $12,285 million for the same period in 2024[21] - Gross profit for the same period was $4,453 million, down 22.7% from $5,764 million year-over-year[21] - Net income for the three months ended March 31, 2025, was $3,368 million, compared to a net loss of $109 million in the same period of 2024[21] - Operating loss increased to $(722) million from $(76) million year-over-year, indicating a decline in operational efficiency[21] - Adjusted EBITDA for the three months ended March 31, 2025, was $467 million, significantly lower than $2,271 million in the same period of 2024[29] - The company reported a gain on settlement of contingent consideration amounting to $(4,775) million, impacting overall financial results[21] - Total operating expenses decreased to $5,175 million from $5,840 million year-over-year, reflecting cost-cutting measures[21] Income and Debt - The company reported a net income of $3.4 million, or $0.32 per diluted share, compared to a net loss of $0.1 million, or $(0.01) per diluted share, in the prior-year period[7] - Total debt as of March 31, 2025, was approximately $23.2 million, down from $25.8 million at the start of the fiscal year[10] Cash and Cash Equivalents - Cash on hand increased to approximately $1.1 million from $1.0 million at December 31, 2024[10] - Cash and cash equivalents at the end of the period were $1,149 million, a slight increase from $1,037 million at the beginning of the period[23] - Net cash used in operating activities was $(2,449) million, compared to $1,938 million provided in the same period of 2024[23] Annual Recurring Revenue - Annual recurring revenue (ARR) at the end of the first quarter was approximately $17.3 million, up from $16.8 million at December 31, 2024[8] Expenses and Marketing - Sales and marketing expenses decreased to $1.2 million from $1.5 million in the prior-year period[6] Contracts and Business Development - The company announced a significant contract with a well-known restaurant chain to transform hundreds of locations across the U.S. after a successful pilot program[3] Leverage Ratios - The company ended the first quarter with trailing twelve-month gross and net leverage ratios of 4.91x and 4.67x, respectively, compared to 2.59x and 2.39x at the beginning of 2025[11] Share Information - Weighted average shares outstanding for basic and diluted earnings were both 10,447 million, showing stability in share count[21]

Core Insights - Creative Realities, Inc. reported a first quarter revenue of $9.7 million for fiscal 2025, down from $12.3 million in the same period of fiscal 2024, primarily due to installation timing issues [4][10] - The company announced a significant contract with a well-known restaurant chain to transform hundreds of locations across the U.S., which is expected to drive growth in the second half of 2025 [3][10] - The company ended the first quarter with an annual recurring revenue (ARR) of approximately $17.3 million, an increase from $16.8 million at the end of 2024 [5][10] Financial Performance - Consolidated gross profit for the first quarter was $4.5 million, compared to $5.8 million in the prior-year period, with a gross margin of 45.7% [5][10] - Operating loss for the first quarter was approximately $0.7 million, compared to a loss of $0.1 million in the same period last year [7][10] - The company reported a net income of $3.4 million, or $0.32 per diluted share, in the first quarter of fiscal 2025, compared to a net loss of $0.1 million, or $(0.01) per diluted share, in the prior-year period [7][10] Cost Management - Sales and marketing expenses decreased to $1.2 million from $1.5 million in the prior-year period, while general and administrative expenses fell to $3.9 million from $4.4 million [6][10] - Adjusted EBITDA for the first quarter was $0.5 million, down from $0.8 million in the prior-year period [8][10] Balance Sheet and Debt - As of March 31, 2025, the company had cash on hand of approximately $1.1 million, compared to $1.0 million at the end of 2024 [11][10] - Total debt was approximately $23.2 million, down from $25.8 million at the start of the fiscal year, primarily due to a $5.8 million reduction in contingent liabilities [11][10] - The trailing twelve-month gross and net leverage ratios utilizing Adjusted EBITDA were 4.91x and 4.67x, respectively, compared to 2.59x and 2.39x at the beginning of 2025 [12][10]

Core Viewpoint - Creative Realities, Inc. is set to release its financial results for Q1 2025 on May 14, 2025, with a conference call scheduled for the same day to discuss the results and engage in a Q&A session [1][2]. Company Overview - Creative Realities, Inc. specializes in designing, developing, and deploying digital signage solutions for enterprise-level networks, utilizing platforms such as Clarity™, ReflectView™, and iShowroom™ [3]. - The company provides recurring SaaS and support services across various sectors, including retail, automotive, digital-out-of-home advertising, convenience stores, foodservice, gaming, theater, and stadium venues [3]. - Creative Realities assists clients in leveraging place-based digital media to enhance revenue, customer experiences, and productivity, including managing Retail Media Networks through its AdLogic™ and AdLogic CPM+™ platforms [3].

Core Insights - Creative Realities, Inc. (CRI) has been selected by a prominent upscale Quick Service Restaurant (QSR) chain to transform its indoor and outdoor menu boards, marking a significant step in the restaurant's digital transformation strategy [1][2] Group 1: Project Overview - The project involves shifting from static displays to dynamic digital signage, enhancing customer engagement through personalized messaging and real-time promotions [2] - CRI will provide a comprehensive solution that includes consulting, content strategy, hardware provisioning, deployment support, and ongoing service, all utilizing CRI's proprietary CMS platform, ClarityTM [2][3] Group 2: Technology and Features - ClarityTM is designed specifically for the food and beverage industry, offering features such as remote content management, POS integration, geo-targeted promotions, and time-based segmentation [3] - The platform simplifies drive-through operations with capabilities like order confirmation and intelligent upsell and cross-sell features, which are expected to improve customer experience and reduce vehicular bottlenecks [4] Group 3: Implementation Timeline - The full rollout of the project is contingent upon a successful pilot, which is set to begin in select locations during the third quarter of 2025 [4]

Company Overview - Creative Realities, Inc. is a leading provider of digital signage and media solutions, focusing on enterprise-level networks [2] - The company utilizes its ClarityTM, ReflectViewTM, and iShowroomTM Content Management System (CMS) platforms to design, develop, and deploy digital signage-based experiences [2] - Creative Realities offers recurring SaaS and support services across various vertical markets, including retail, automotive, digital-out-of-home advertising, convenience stores, foodservice, gaming, theater, and stadium venues [2] Business Objectives - The company assists clients in leveraging place-based digital media to achieve business objectives such as increased revenue, enhanced customer experiences, and improved productivity [2] - Creative Realities designs and manages Retail Media Networks to monetize on-premise foot traffic through its AdLogicTM and AdLogic CPM+TM programmatic advertising platforms [2] Upcoming Events - Creative Realities will participate in the Planet MicroCap Showcase Conference in Las Vegas on April 23 and 24, 2025 [1] - Management will provide a general presentation on April 23 at 4:00 pm Pacific Time and will host one-on-one meetings with investors throughout April 24 [1]

This confirms CRI as a SaaS provider that ensures security, stability, and privacy in its products.LOUISVILLE, Ky., March 25, 2025 (GLOBE NEWSWIRE) -- Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX), a leading provider of digital signage and media solutions, is pleased to announce the successful completion of its Systems and Organizations Controls (SOC) 2 Type 1 audit. This audit achieved compliance with the leading industry standards for customer data security. This ...

Core Insights - Creative Realities, Inc. has successfully modernized Rogers Arena, marking its first full-scale deployment in Canada's IPTV and live venue industry [1][2] - The project enhances fan engagement, operational efficiency, and advertising opportunities through over 900 digital displays [2][4] Company Overview - Creative Realities specializes in digital signage and media solutions, focusing on enhancing customer experiences through omnichannel technologies [11] - The company has a strong presence in the US market, servicing over 50 professional sports venues, and is now expanding into Canada [7][10] Project Details - The modernization includes a venue-wide technology refresh, integrating Uniguest's Tripleplay IPTV and Digital Signage solution with LG Electronics' high-definition screens [2][3] - The deployment features advanced content strategies to maximize fan engagement and drive higher-value interactions [4][5] Strategic Importance - This project is seen as a milestone for the Canadian sports and entertainment market, showcasing how digital solutions can transform live venues [4][9] - The integration of customized content strategies aims to enhance premium hospitality experiences, aligning with the Canucks' brand identity [5][7] Future Prospects - Phase One focused on infrastructure and content strategy, with discussions for Phase Two already underway [9] - The successful deployment at Rogers Arena sets a benchmark for future stadium transformations and potential partnerships across the NHL [10]