Workflow
CREATD(CRTD)
icon
Search documents
Creatd to File Quarterly Financials on Friday, November 14; Schedules Investor Conference Call for Monday, November 17 at 4:30 PM ET
Globenewswire· 2025-11-10 19:55
Group 1 - Creatd, Inc. expects to file its Quarterly Report on Form 10-Q for Q3 2025 on November 14, 2025, and will host an investor conference call on November 17, 2025 [1] - For Q3 2025, Creatd estimates preliminary revenues of nearly $1,000,000, representing a 163% year-over-year increase compared to Q3 2024 [1] - Revenues for the nine months ended September 30, 2025, are estimated at approximately $2.28 million, a 93% increase from the same period last year [1] Group 2 - The integration of Flyte is improving gross margins through operational efficiencies and a reduction in cost of revenue, with strengthened EBITDA performance during the quarter [2] - Creatd, Inc. focuses on investing in and operating businesses across technology, media, consumer, and capital markets, aiming to build, acquire, and accelerate assets with strong fundamentals and high growth potential [3] - Flyte is a private aviation company that aims to revolutionize air travel through accessibility and technology-driven innovation, offering a seamless booking platform and an on-demand model [4]
Creatd Launches Flyte Escapes: AI-Enhanced Luxury Travel Experiences for the Modern Era
Prism Media Wire· 2025-10-29 13:30
Core Insights - Creatd, Inc. has launched Flyte Escapes, an AI-enhanced luxury travel service that offers integrated private jet itineraries, curated stays, and exclusive access for high-end clients [3][8] - Flyte Escapes aims to redefine experiential travel by leveraging first-party data and an in-house marketing engine to connect with qualified travelers and strategic brand partners [3][6] Company Overview - Creatd, Inc. focuses on investing in and operating businesses across technology, media, consumer, and capital markets, aiming to build and accelerate assets with strong fundamentals and high growth potential [10] - The company is positioned to explore future acquisitions and partnerships in the travel and hospitality sectors through Flyte Escapes [7] Product Offering - Flyte Escapes provides a seamless travel experience by combining private aviation, luxury accommodations, and curated experiences, all coordinated by expert concierges using AI-driven tools [4][5] - The service is designed for B2B partnerships, expanding Creatd's footprint in the experience travel market and creating new revenue streams [8] Market Positioning - Flyte Escapes is tailored to meet the evolving needs of private flyers who prioritize time, discretion, and effortless access, positioning Creatd at the forefront of a new era in luxury travel [6][7] - The initiative reflects a commitment to building experiences that resonate beyond the journey itself, celebrating unique moments and destinations [7]
Creatd, Inc. Approved to Trade on the OTCQB Venture Market with Nearly $10 Million in Positive Net Equity
Globenewswire· 2025-10-21 18:21
Core Points - Creatd, Inc. has been approved to trade on the OTCQB Venture Market, effective October 22, 2025, marking a significant advancement from the OTCID Market [1] - The company has restored approximately $10 million in positive net equity and has a growing portfolio of tangible assets, including the successful integration of Flyte, valued at $14 million, which is expected to contribute significantly to annual revenues [2] - The rejoining of the OTCQB is seen as a new era for Creatd, indicating restored financial stability and positioning the company for a future national exchange listing [3] Market Advancement - The uplisting to the OTCQB represents the company overcoming critical obstacles before applying for a national exchange [5] - Trading on the OTCQB is expected to enhance visibility among institutional and retail investors, improve share liquidity, and expand access to a broader base of investors [4] Strategic Objective - The company aims to build lasting value and is positioned to pursue national exchange listing goals without relying on dilutive financing, supported by its nearly $10 million in positive net equity [5] Future Financing - The financial turnaround of the Flyte acquisition is complete, with expectations to include three Cirrus Vision Jet SF50 aircraft in its fleet by the end of fiscal year 2025 [5]
Creatd’s Flyte Positions for Strategic Expansion Following Verijet Bankruptcy
Globenewswire· 2025-10-14 15:41
Core Insights - Creatd, Inc.'s aviation subsidiary, Flyte, is positioned for expansion following Verijet's Chapter 7 bankruptcy, highlighting the risks of overextension in the private aviation market [1][6] - Flyte aims to strategically strengthen its presence in key markets by integrating valuable assets from Verijet's liquidation [2][4] Company Strategy - Flyte was designed to scale the charter business while maintaining operational integrity, learning from the mistakes of others in the industry [2][3] - The company plans to absorb valuable assets such as aircraft, routes, and talent from Verijet to enhance its operations [4][6] Market Context - Verijet's failure serves as a lesson that unsustainable growth without stability can lead to collapse, emphasizing the need for disciplined growth in the aviation sector [4][6] - The private aviation sector is experiencing volatility, creating new opportunities for disciplined operators like Flyte [6] Leadership Vision - CEO Jeremy Frommer emphasizes the importance of balancing vision with financial reality, stating that the next generation of aviation companies must build sustainable models [5][6] - Flyte's approach focuses on steady growth across its three divisions: Flyte Luxe, Flyte Hops, and Flyte Escapes, each targeting distinct market segments [4][6]
Creatd, Inc. Files S-1 Registration Statement with SEC, Signaling Readiness for Future National Exchange Uplisting
Prism Media Wire· 2025-08-15 13:35
Core Points - Creatd, Inc. has filed an S-1 registration statement with the SEC, marking its first filing since December 2023 and indicating readiness for potential uplisting to a national exchange [3][4][7] - The filing is accompanied by fully audited and up-to-date financials, showcasing a $32 million turnaround over 18 months and achieving $9 million in positive net equity as of August 12, 2025 [3][4][7] - The primary purpose of the S-1 filing is to reestablish the company's registration with the SEC, rather than to raise new capital [4][7] - The filing represents a significant milestone following nearly two years of operational restructuring and strategic execution aimed at enhancing long-term shareholder value [4][5] Company Overview - Creatd, Inc. (OTC: CRTD) focuses on investing in and operating businesses across technology, media, consumer, and capital markets, aiming to build, acquire, and accelerate assets with strong fundamentals and high growth potential [5]
Creatd, Inc. Swings to $6.4M Positive Net Equity, $32M Turnaround in 18 Months, Sets Stage for Uplist to National Exchange
Globenewswire· 2025-08-11 13:30
Core Viewpoint - Creatd, Inc. has achieved a significant turnaround in shareholder equity, moving from negative $26 million to positive $6.4 million in 18 months, with plans for an uplist to a national exchange [1][2][3]. Financial Highlights - Shareholder equity improved by $32 million since January 2024, with net equity reaching approximately $9 million by mid-Q3 2025 [1][2]. - The company reported record revenue of $1.5 million in Q2 2025, representing a year-over-year increase of approximately 62% [7]. - Other income for Q2 2025 was $1.7 million, contrasting with a loss of $5.1 million in Q2 2024, indicating a positive profitability trend [7]. Strategic Transactions Driving Growth - Over the past 18 months, Creatd has made targeted acquisitions, including Flyte, Inc. and a minority stake in PCG Advisory, which are expected to generate long-term value [4]. Regulatory Milestone & Path to Uplist - The company has completed two years and two quarters of PCAOB-audited financial statements, allowing it to file an S-1 registration statement to re-register with the SEC and qualify for OTCQB trading [5][6]. Positioned for Expansion - Creatd is operating near break-even, benefiting from efficiency gains due to strategic technology investments, and is prepared to integrate more emerging growth companies [6]. - The company aims to accelerate its M&A strategy and expansion plans, leveraging its stronger balance sheet and expanded investor access [6].
Creatd CEO and Executive Chairman Jeremy Frommer Joins Blue Gold Advisory Board
Globenewswire· 2025-08-07 16:00
Core Insights - Creatd, Inc.'s CEO Jeremy Frommer has been appointed to the Executive Advisory Board of Blue Gold Limited, which focuses on blockchain-integrated gold-backed financial instruments [1][2] - Frommer will act as a senior advisor, leveraging his expertise in fintech and structured finance to enhance Blue Gold's digital gold token strategy [2][3] - The appointment aligns with Creatd's strategy to connect high-growth ventures with necessary resources, viewing the digital asset space as complementary to its core strengths [3][4] Company Overview - Creatd, Inc. is a publicly traded holding company that invests in technology, media, consumer, and capital markets, focusing on businesses with strong fundamentals and high growth potential [5] - Blue Gold Limited aims to acquire high-potential mining assets and innovate monetization models, including asset-backed digital instruments, while committing to responsible development and operational transparency [6][7] Strategic Implications - Frommer's extensive experience in finance and technology is expected to enhance Blue Gold's access to institutional capital and advisory networks [7] - The collaboration is anticipated to create synergies between Creatd and Blue Gold, expanding Creatd's presence in emerging digital asset verticals [7]
Creatd's Flyte AI-Driven Platform Advances New Empty Legs Offering
Prism Media Wire· 2025-08-06 13:32
Core Insights - Creatd's aviation subsidiary, Flyte, has launched a new offering called Empty Legs, which provides pre-scheduled one-way flights at significantly reduced rates, aiming to monetize aircraft repositioning and lower costs for consumers [3][5] - The Empty Legs program offers discounts of up to 90% compared to traditional charter rates, targeting first-time private flyers and cost-conscious corporate travelers [5][7] - The initiative is expected to generate high-margin revenue and provide valuable data insights for future scheduled services, particularly for Vision Jet routes [6][10] Pricing and Revenue Model - Flyte's Empty Legs program allows the conversion of unavoidable repositioning expenses into a profitable revenue stream, with minimal variable costs [5] - Each booking serves as a data point for real-world demand, guiding the development of future ticket-based services [6][10] Market Strategy - Flyte is collaborating with a select group of Part 135 operators to enhance route coverage without increasing fleet capital, leveraging operational data to inform service rollout [8][9] - The program aims to refine pricing algorithms and deepen partnerships with operators, facilitating the launch of scheduled Vision Jet shuttles [10] Customer Experience - Passengers using the Empty Legs service will enjoy private-terminal access, expedited boarding, and amenities comparable to full-fare charters [9] - The inventory for Empty Legs is searchable in real-time via Flyte's web app, maximizing seat absorption and data capture [9]
Creatd’s Flyte AI-Driven Platform Advances New Empty Legs Offering
Globenewswire· 2025-08-06 13:30
Core Insights - Creatd, Inc.'s aviation subsidiary, Flyte, has launched a new offering called Empty Legs, which monetizes aircraft repositioning and significantly reduces costs for consumers seeking private and regional air travel [1][2] - The Empty Legs program offers itineraries at discounts of up to 90% compared to traditional charter rates, targeting first-time private flyers and cost-conscious corporate travelers [2][4] - The initiative is expected to generate high-margin revenue while providing valuable data insights to guide future service expansions and pricing strategies [3][5] Company Strategy - Flyte's CEO, Jeremy Frommer, emphasized that the Empty Legs program serves as both a discounted flight option and a data engine to inform the development of scheduled, ticket-based services [3] - The company is collaborating with a curated group of Part 135 operators to enhance route coverage without increasing fleet capital, leveraging operational data to refine pricing algorithms and accelerate the launch of Vision Jet shuttles [3][5] - Flyte aims to make regional private aviation more predictable, affordable, and scalable, aligning with modern transportation networks [5] Customer Experience - Passengers using the Empty Legs service will enjoy private-terminal access, expedited boarding, and amenities comparable to full-fare charters, enhancing the overall travel experience [4] - The inventory for Empty Legs is searchable in real-time via Flyte's web app and distributed through select broker channels to maximize seat absorption and data capture [4][7] Market Positioning - The Vision Jet's low operating costs and short-field performance are highlighted as key advantages for high-frequency regional service, allowing Flyte to scale capacity rapidly while maintaining low balance-sheet leverage [4] - The strategic partnerships with operator fleets are designed to expand capacity while preserving an asset-light business model, which is expected to appeal to both travelers and investors [7]
Creatd's Flyte Introduces Jet Card Membership Program, Featuring Cryptocurrency Payment Option
Prism Media Wire· 2025-07-21 13:32
Core Insights - Creatd, Inc.'s aviation subsidiary, Flyte, has launched the Flyte Jet Card, a premium loyalty program aimed at enhancing the private aviation experience for frequent flyers [3][5] - The program offers guaranteed jet access, fixed hourly rates, and no hidden fees, catering to high-frequency travelers [5][6] - Flyte Jet Card introduces Bitcoin as a payment option, showcasing the company's commitment to financial flexibility and innovation [3][6] Company Strategy - The launch of the Flyte Jet Card aligns with Creatd's broader strategy to expand its digital asset infrastructure and build a long-term Bitcoin treasury position [3][6][7] - The program is designed to meet the needs of clients who prioritize reliability, efficiency, and luxury in their travel experiences [7] - Flyte aims to position itself at the intersection of convenience, technology, and financial innovation, appealing to high-net-worth individuals [7] Company Overview - Creatd, Inc. focuses on investments and operations across various sectors, including technology, media, aviation, advertising, and consumer markets [8] - Flyte, as an air mobility company, is redefining private air travel through AI-powered infrastructure and user-centered design [9]