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CREATIVE REALITIES, INC. - CREX STOCK NEWS

Welcome to our dedicated page for CREATIVE REALITIES news (Ticker: CREX), a resource for investors and traders seeking the latest updates and insights on CREATIVE REALITIES stock.

Creative Realities, Inc. (NASDAQ: CREX) is a creative technology company that specializes in designing, developing, and deploying marketing technology experiences. With a focus on digital marketing technology and solutions, the company transforms the consumer and shopper journey into intelligent, responsive, and immersive experiences.

Creative Realities operates in one reportable segment: marketing technology solutions. It caters to global retail companies, luxury brands, advertising networks, outdoor clients, enterprises, and other organizations. The company offers a suite of solutions, including digital merchandising systems, omnichannel customer engagement systems, interactive digital shopping assistants, advisors and kiosks, and high-end audio-visual networks.

In the realm of marketing technologies, Creative Realities provides services in mobile, social media, point-of-sale transactions, beaconing, and web-based media. It has developed thousands of digital solutions that inspire and enhance customer experiences. The company's flagship products, ClarityHub™, ReflectView™, and AdLogic™, are designed specifically for the food service, retail, and media network segments, providing robust, scalable, and reliable cloud-based solutions.

Creative Realities has reported record revenue, gross profit, and adjusted EBITDA for the fiscal year ended December 31, 2023, showcasing strong financial growth. The company's recent initiatives include deployment services to EMEA integrators in North America, aiming to capitalize on key verticals such as Retail, Convenience Stores, and Food Service/Restaurant Segments.

The company is also well-positioned as a go-to resource for large-scale deployments in North America, offering project management, procurement, installation services, and ongoing support, including content creation. Creative Realities was recognized as one of the fastest-growing digital signage software platforms in 2023 by Invidis Consulting, with 275,000 active licenses and a growth rate surpassing the market average.

With a mission to use omnichannel technologies to inspire better customer experiences, Creative Realities continues to innovate and expand its offerings across diverse vertical markets. The company remains committed to providing enterprise-level networks with recurring SaaS and support services, ensuring effective and engaging digital marketing solutions.

Rhea-AI Summary
Digital signage leader Creative Realities, Inc. has released findings from its report 'Menu Mastery: Unveiling American Ordering Habits.' The report reveals that most Americans stick to their favorite items when ordering from quick-service restaurants (QSRs), but menu images have a strong influence on their choices. Drive-thrus are the most popular ordering method, followed by ordering via app and ordering at the counter. Great imagery, limited-time offers, and seasonal specials can inspire order changes. In-store promotional signage has a greater impact on ordering behavior than social media or word-of-mouth.
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Creative Realities, Inc. has partnered with coffee franchise The Human Bean to enhance customer experiences at drive-thru locations. The collaboration introduces digital enhancements such as pre-order screens, lit menu boards, and automated menu updates. These solutions aim to optimize order interactions, enhance menu visibility, and streamline operations.
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Wescom Credit Union has been named the Official Banking Partner of Knott’s Berry Farm, allowing Wescom to offer its products and services to park guests and associates. Wescom will have exclusive rights to offer its full range of products and services to Knott’s guests and associates, including an affinity card program and a new credit union branch near Knott’s California Marketplace. Wescom members and team members will also have access to ticket giveaways and discounts throughout the year.
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Creative Realities projects record revenue for the second half of 2023 and fiscal year 2023
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Creative Realities partners with Target Center to upgrade digital signage technology, enhancing fan experience
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Creative Realities lands number 7 position for volume of CMS software solutions globally
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Creative Realities announces new Channel Sales Program led by industry veteran Dave Petricig to drive growth and market penetration. CEO Rick Mills believes their software products and SaaS models are well positioned for reselling. Petricig's experience and relationships in the industry add value to the company's vertical strategy.
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Creative Realities successfully closed a $6 million public common stock offering to support growth and reduce debt. The offering will significantly reduce the leverage ratio and provide runway for value creation. The company anticipates reducing the balance of short-term debt to approximately $3.8 million by March 2024 and achieving a projected net debt leverage ratio of 2.0x by the end of 2024.
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Creative Realities, Inc. announces a public offering of its common stock to raise funds for general corporate purposes. The offering is subject to market conditions and will be made through a prospectus supplement and accompanying base prospectus. A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.
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FAQ

What is the current stock price of CREATIVE REALITIES (CREX)?

The current stock price of CREATIVE REALITIES (CREX) is $2.95 as of December 20, 2024.

What is the market cap of CREATIVE REALITIES (CREX)?

The market cap of CREATIVE REALITIES (CREX) is approximately 29.6M.

What does Creative Realities, Inc. do?

Creative Realities, Inc. designs, develops, and deploys marketing technology experiences, providing digital solutions to enhance consumer and shopper journeys.

Which industries does Creative Realities serve?

The company serves global retail companies, luxury brands, advertising networks, outdoor clients, enterprises, and more.

What are the core products of Creative Realities?

Core products include ClarityHub™, ReflectView™, and AdLogic™, designed for food service, retail, and media network segments, respectively.

What recent financial achievements has the company reported?

Creative Realities reported record revenue, gross profit, and adjusted EBITDA for the fiscal year ended December 31, 2023.

How does Creative Realities support EMEA integrators?

The company offers deployment services, project management, procurement, installation, and support services to EMEA integrators in North America.

What makes Creative Realities' CMS platforms competitive?

The CMS platforms are known for their ease of use, robust functionality, and reliability, making them valuable for enterprise-level deployments.

How many active licenses does Creative Realities have?

As of 2023, Creative Realities has 275,000 active licenses.

In which vertical markets is Creative Realities active?

The company operates in diverse markets, including automotive, advertising networks, apparel, convenience stores, food service, gaming, theater, and stadium venues.

What types of digital solutions does Creative Realities provide?

Solutions include digital merchandising systems, omnichannel customer engagement systems, interactive digital shopping assistants, and high-end audio-visual networks.

How does Creative Realities use technology to enhance customer experiences?

The company leverages the latest marketing technologies to create intelligent, responsive, and immersive consumer experiences.

CREATIVE REALITIES, INC.

Nasdaq:CREX

CREX Rankings

CREX Stock Data

29.56M
6.98M
16.52%
34.86%
0.23%
Software - Application
Services-computer Integrated Systems Design
Link
United States of America
LOUISVILLE