CREX - Creative Realities,... Stock Analysis | Stock Taper
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Creative Realities, Inc.

CREX

Creative Realities, Inc. NASDAQ
$3.50 1.74% (+0.06)

Market Cap $36.82 M
52w High $4.00
52w Low $1.28
P/E -3.98
Volume 22.56K
Outstanding Shares 10.52M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $10.55M $12.05M $-7.86M -74.54% $-0.75 $-6.19M
Q2-2025 $13.03M $6.35M $-1.82M -13.94% $-0.17 $-113K
Q1-2025 $9.73M $5.17M $3.37M 34.6% $0.32 $4.97M
Q4-2024 $11.01M $5.58M $-3.22M -29.26% $-0.31 $-1.49M
Q3-2024 $14.44M $5.45M $438K 3.03% $0.04 $1.68M

What's going well?

Gross margin improved, meaning the company is making more on each sale before overhead. Share count is stable, so dilution isn't hurting shareholders.

What's concerning?

Revenue dropped sharply, operating expenses ballooned, and a large one-time charge pushed losses much higher. The company is burning cash and not close to profitability.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $314K $61.27M $39.38M $21.89M
Q2-2025 $569K $63.65M $34.21M $29.44M
Q1-2025 $1.15M $66.99M $37.12M $29.87M
Q4-2024 $1.04M $65.21M $39.75M $25.46M
Q3-2024 $868K $67.56M $39.27M $28.29M

What's financially strong about this company?

The company paid down a large amount of debt this quarter, reducing financial risk. Current assets increased, and deferred revenue shows some customers are paying upfront.

What are the financial risks or weaknesses?

Cash is very low, equity is shrinking, and most assets are intangible. Inventory piled up and payables are rising, which could signal operational trouble. Retained losses are large.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-7.86M $-1.61M $-709K $2.06M $-255K $-1.71M
Q2-2025 $-1.82M $3.22M $-643K $-3.16M $-580K $3.12M
Q1-2025 $3.37M $-2.45M $-621K $3.18M $112K $-2.46M
Q4-2024 $-2.84M $-1.37M $-499K $2.04M $169K $-1.87M
Q3-2024 $54K $544K $-807K $-2.96M $-3.22M $-263K

What's strong about this company's cash flow?

Non-cash expenses make up most of the losses, and capital spending is low. If the business can return to positive cash flow, the cash needs could drop quickly.

What are the cash flow concerns?

Cash burn has returned, the company is now borrowing to survive, and the cash balance is critically low. Working capital is also moving in the wrong direction, and there are no shareholder returns.

Revenue by Geography

Region Q1-2013Q2-2013Q3-2013Q4-2013
C
C
$0 $0 $0 $0
C A
C A
$0 $0 $0 $0
U
U
$0 $0 $0 $0
U S
U S
$0 $0 $0 $0

Q3 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Creative Realities, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

CREX’s core strengths include strong and sustained revenue growth, improved gross profitability, and a shift from heavily negative to modestly positive operating metrics. Its integrated, end-to-end service model, proprietary CMS and monetization platforms, and experience with large enterprise deployments give it a differentiated position in digital signage. The asset base has expanded meaningfully through acquisitions, giving the company greater scale, customer reach, and a broader technology toolkit to leverage in the market.

! Risks

Key risks stem from financial and competitive pressures. The company still has a history of recurring net losses and deeply negative retained earnings, with thin and volatile free cash flow and a weakening cash position. Liquidity metrics are strained, and leverage remains a concern, making CREX more vulnerable to operational setbacks or tighter credit conditions. On the strategic side, it competes against larger, well-funded rivals in a fast-moving technology space, while reported R&D cuts may limit its ability to keep pace with innovation demands over time.

Outlook

Looking ahead, CREX’s future will likely be driven by its ability to turn strong top-line growth and improved operating performance into consistent profitability and healthier cash generation, while carefully managing its balance sheet. If it can keep winning and scaling large enterprise contracts, grow adoption of its monetization and analytics platforms, and maintain service quality, the business could continue to gain relevance in its niche. At the same time, its elevated financial risk and reliance on continued execution mean outcomes remain highly sensitive to both market conditions and internal discipline, and the path to a more robust financial profile is still a work in progress.