Core Insights - Creative Realities, Inc. has successfully deployed a proof-of-concept digital signage system at Circle K Mexico, which includes four promotional screens showcasing localized content aimed at enhancing customer engagement and reducing environmental impact [1][2][3] Company Overview - Creative Realities is a leading provider of digital signage and media solutions, actively expanding into the Latin American market, with a focus on sustainability and customer engagement [2][6] - The company offers a range of services including hardware, content management software, network strategy, and technical assistance for digital signage deployments [4][6] Environmental Impact - The initiative at Circle K Mexico reduces reliance on printed signs, supporting sustainability goals by cutting costs and significantly decreasing paper and plastic waste [3][4] - The deployment is expected to create a more engaging shopping experience while reducing the store's environmental footprint [4] Sales and Expansion Potential - Circle K Mexico anticipates a significant sales lift and cost savings from the digital signage initiative, with plans to expand the pilot to five additional stores and potentially up to 200 stores nationwide [5] - The digital signage system allows for tracking sales behavior and linking campaign performance directly to results on the shelf, enhancing the effectiveness of promotions [3][5] Industry Transformation - The deployment of digital signage at Circle K Mexico is seen as a transformative moment for convenience retail across Latin America, positioning Circle K as a leader in digital-first retail [4][6] - The initiative exemplifies how innovation and sustainability can drive business growth and environmental responsibility [6]

Core Insights - ZetaDisplay has partnered with ENRA Technologies to enhance digital signage adoption in South Africa and the broader African and Middle Eastern markets [1][2][6] - The collaboration aims to leverage ZetaDisplay's Engage Suite, a digital signage software platform, to provide comprehensive solutions across various sectors including retail, manufacturing, finance, and insurance [2][5] Company Overview - ZetaDisplay, founded in 2003 in Sweden, is a leading European digital signage provider with over 125,000 active installations in more than 50 countries [9][10] - ENRA Technologies, established in 2008, specializes in IT-managed services and AV solutions, and is recognized for its commitment to economic transformation in South Africa [3][8] Strategic Goals - The partnership is focused on creating innovative, data-driven digital experiences that improve customer engagement and operational efficiency [2][4] - ENRA is actively pursuing major digital signage projects with significant clients, including a leading retail chain with over 750 stores and a top university in South Africa [4][6] Technological Integration - ZetaDisplay's Engage Suite is designed for omnichannel content management, real-time data analytics, and programmatic advertising integration, enabling businesses to execute targeted digital signage campaigns [5][6] Market Potential - The digital signage market in South Africa is described as being in its early stages, with significant growth potential recognized by both ZetaDisplay and ENRA [2][4]

Core Insights - Promethean has launched the ActivPanel D-Series, a non-interactive digital signage solution aimed at enhancing communication in various environments, with availability in the U.S. this summer and plans for international expansion later in the year [1][4]. Product Features - The ActivPanel D-Series integrates Radix Viso, a web-based management console, and Rise Vision, a cloud-based digital signage software platform, allowing users to display urgent messages and daily information in real-time across multiple settings [2][3]. - The solution offers over 600 editable templates, remote management capabilities, and links to emergency messaging software, enhancing safety and communication efficiency [3]. Market Positioning - The introduction of the ActivPanel D-Series is part of Promethean's strategy to diversify its product portfolio and create future growth opportunities, as stated by the Chief Product Officer [4]. - Promethean has a strong presence in the education and workplace AV tech sectors, with over 25 years of experience and operations in 126 countries [5]. Company Background - Promethean, headquartered in Seattle, is a subsidiary of Mynd.ai, Inc. and has been a trusted partner in AV technology for educational organizations and modern workplaces [5]. - Rise Vision, established in 1992, specializes in cloud-based digital signage software and is utilized by over 11,000 organizations, enhancing communication and engagement [6].

Core Insights - ZetaDisplay has formed a strategic partnership with Coop Norway to implement a next-generation Retail Media solution aimed at enhancing customer experiences through data-driven in-store communications [1][3] - Coop Norway, the second-largest grocery retailer in Norway, operates around 1,200 stores and will initially deploy 128 digital screens in 32 Obs hypermarkets [2][4] - The collaboration will provide a comprehensive Retail Media infrastructure, including advanced hardware and software, designed to deliver contextual messages at the point of decision-making, thus creating new revenue streams for Coop and improving ROI for advertisers [3][5] Company Overview - ZetaDisplay, founded in 2003 in Sweden, is a leading player in the European digital signage market with over 125,000 active installations across more than 50 countries [5][6] - The company has a turnover exceeding SEK 600 million and employs approximately 250 staff members [6] - ZetaDisplay is recognized for its innovative digital signage solutions and has established itself as a trusted partner for many prominent global brands [5][6] Coop Norway Overview - Coop Norway is the second-largest grocery retailer in the country, with a diverse portfolio of approximately 1,200 grocery and home improvement stores [2][4] - The organization operates under various brands, including Obs, Extra, and Coop Mega, and is owned by over 2.5 million members through local cooperative societies [4]

Core Insights - ZetaDisplay experienced significant growth in Q1 2025, with adjusted net sales increasing by 26.8% to SEK 159.6 million, driven by strategic acquisitions and 7% organic growth from global accounts [3][8] - The company was recognized as "Outstanding Company of the Year" at the 2025 Digital Signage Awards, highlighting its commitment to innovation and customer engagement [4] - A successful bond refinancing was completed, reflecting strong confidence from financial partners, alongside a new five-year contract with Ruter to modernize digital signage across 370 transit locations [5][8] Financial Performance - Adjusted recurring revenue rose by 9.9% to SEK 65.4 million, accounting for 41.0% of net sales [3][8] - Adjusted EBITDA increased to SEK 22.0 million, showcasing efficient scaling and cost control [3][8] - Gross margin decreased to 56.4%, down from 59.9%, indicating potential cost pressures [8] Strategic Developments - The transformation of operations in Germany is progressing, with a focus on adopting ZetaDisplay's Full-Service-Provider business model [6][8] - A new Managing Director has been appointed in the UK to enhance the Engage Suite platform and attract new customers [6] - The integration of Beyond Digital Solutions in the UK is expected to enhance the company's capability to deliver comprehensive services [8] Market Outlook - The company is optimistic about growth in areas such as hardware, analytics, AI, and retail media, positioning itself well for organic growth [7][8] - The focus remains on driving long-term value through innovation and operational excellence while maintaining cost management [8]

Company Overview - Creative Realities, Inc. is a leading provider of digital signage, media, and AdTech solutions, focusing on enterprise-level networks [3] - The company utilizes its Clarity, ReflectView, and iShowroom Content Management System (CMS) platforms to design, develop, and deploy digital signage-based experiences [3] - 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 [3] Recent Developments - Creative Realities will participate in the Ladenburg Thalmann Innovation Expo 2025 on May 21, where one-on-one meetings with institutional investors will be available [1] - The Expo will feature presentations from approximately 40-50 companies that utilize AI in innovative ways, highlighting the company's engagement in cutting-edge technology [1] Business Strategy - The company assists clients in leveraging place-based digital media to achieve business objectives such as increased revenue, enhanced customer experiences, and improved productivity [3] - Creative Realities designs and manages Retail Media Networks to monetize on-premise foot traffic through its AdLogic and AdLogic CPM+ programmatic advertising platforms [3]

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 [5][6] - 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 [6] - Annual recurring revenue (ARR) increased to a run rate of $17.3 million at the end of the quarter, up from $16.8 million at the start of 2025 [6] - 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 [7] - Total debt rose to approximately $23.2 million, primarily due to the settlement of a contingent liability, while cash on hand increased to $1.1 million from $1 million at the end of 2024 [9][16] Business Line Data and Key Metrics Changes - The company is focusing on a significant project with a well-known upscale quick service restaurant chain, which is expected to enhance its digital transformation strategy [10][11] - The BCTV project is progressing, with over 300 site installations completed and plans for an additional 200 sites in Q3, potentially generating $3 million in revenue [19][20] - The DigiPoint Media Network is set to deploy approximately 2,000 sites, expected to generate over $4 million in hardware and installation revenue [20] Market Data and Key Metrics Changes - The sports and entertainment vertical shows a high appetite for spending, with multiple proof of concepts (POCs) underway, including three MLB projects [18][19] - The company is engaged in discussions for potential projects in Mexico, indicating a positive outlook for revenue growth in 2026 [61] Company Strategy and Development Direction - The company aims to optimize its capital structure and manage debt while pursuing commercial growth opportunities [10][12] - The introduction of the AdLogic CPM platform is expected to enhance revenue potential, with significant interest from large retail customers [13][33] - The company is focused on enhancing its technology and operational capabilities to support anticipated growth in the second half of the year [22][41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in revenue acceleration beginning in Q2 and throughout the second half of the year, with expectations for adjusted EBITDA as a percentage of revenue to rise to 15% by year-end [12][14] - The company remains optimistic about its pipeline of opportunities, despite global trade uncertainties not significantly impacting current projects [28][29] Other Important Information - The company achieved SOC 2 Type 1 compliance and expects to achieve Type 2 compliance by year-end, enhancing its credibility with enterprise customers [21] - The company has revamped its operations and warehouse facilities to increase capacity for processing orders and projects [22] 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, 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 has seen a reversal in the second quarter [27] Question: Pipeline of large procurements and impact of global trade uncertainty - Management remains optimistic about the quality and size of top opportunities, with no current projects on hold due to tariffs [28][29] Question: Demand for the ad tech solution and its impact - The ad tech market is in early stages, with significant interest from large retail customers, indicating potential revenue growth in 2026 and 2027 [31][33] Question: Insights on the sports and entertainment vertical - The vertical has a high appetite for spending, with many customers looking to upgrade facilities to enhance fan experiences [53][54] Question: Update on the DigiPoint Media Network - The network will utilize the company's entire tech stack, expected to generate incremental revenue and enhance day two services [58] Question: Opportunities in Mexico - Management is optimistic about potential projects in Mexico, including a POC with a top convenience store chain [61]

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 - 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]

Financial Data and Key Metrics Changes - The company reported revenue of $11 million for Q4 2024, down from $14.5 million in Q4 2023, with a gross profit of $4.9 million compared to $7.5 million last year [7] - Adjusted EBITDA for Q4 2024 was approximately $500,000, a decrease from $2.8 million in the previous year, with annual recurring revenue (ARR) at a run rate of $16.8 million [7][10] - The company achieved a record annual revenue exceeding $50 million with an adjusted EBITDA margin of 10% for the full year [6] Business Line Data and Key Metrics Changes - The company completed 56 site installations in Q4 at an average sale price of $30,000, with expectations for a moderate increase in installations in the second half of 2025 [18] - The introduction of the AdLogic CPM plus platform is expected to enhance targeting precision and reduce costs for customers, positioning the company as a comprehensive ad tech solution provider [9] Market Data and Key Metrics Changes - The company is experiencing strong demand for its solutions, particularly in the quick-service restaurant and retail sectors, with significant projects in the pipeline [12][16] - The sports and entertainment sector has seen growth, with three MLB projects awarded in Q1 2025 and additional POCs ongoing at various venues [17] Company Strategy and Development Direction - The company aims to accelerate revenue growth in the second half of 2025, driven by better economies of scale and higher margins [10] - The focus is on enhancing customer experience through innovative solutions and expanding the retail media network offerings [12][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in overcoming the current operational challenges and anticipates a strong performance in 2025, despite a weaker Q1 [52] - The company is optimistic about the resolution of contingent liabilities, which will provide financial flexibility and allow a focus on growth [10][11] Other Important Information - The company has settled its contingent liability related to the acquisition of Reflex Systems, involving a $3 million cash payment and a $4 million promissory note [10][11] - The company achieved SOC2 Type one compliance, with expectations to reach Type two certification by year-end, enhancing its credibility with enterprise customers [19] Q&A Session Summary Question: Commentary on customer conversations regarding the frozen pipeline - Management noted that customers are beginning to move projects forward after a period of stagnation, with expectations for several projects to finalize soon [21][22] Question: Impact of tariffs on business - Management indicated that while there are concerns about tariffs, most components are domestically sourced, and only slight increases in costs are expected [24] Question: Adoption of the new AdLogic platform by existing customers - Customers are embracing the AdLogic platform as it enhances their digital operations, leading to potential margin improvements [34] Question: Visibility and flexibility from the new ERP system - The new ERP system is expected to provide significant cost management benefits and improve operational metrics [37][38] Question: Progress with channel partners - The company is actively recruiting and signing new channel partners, with demand for licenses increasing [42] Question: Details on the contingent consideration settlement - The settlement includes a six-year warrant with a strike price of $3.25, totaling approximately $800,000 [48] Question: Expectations for revenue growth in 2025 - Management expects year-over-year revenue growth in 2025 to exceed 2024 levels, with adjusted EBITDA profitability anticipated in Q1 [52][53] Question: Dynamics of customer adjustments impacting ARR - Two large customers made adjustments that led to a temporary decline in ARR, but management expects to recover this revenue in 2025 [101][102] Question: Future cash flow dynamics on major projects - Cash flow can vary significantly based on whether projects are privately or publicly funded, with deposits typically required for private projects [78] Question: Clarification on adjusted EBITDA margin expectations - Management aims to achieve a 15% adjusted EBITDA margin by the end of the year, with expectations for revenue growth to support this target [81][84]