earnings
confidence high
sentiment positive
materiality 0.80
Creative Realities reports record FY2022 revenue $43.3M, raises 2023 guidance to $60M
CREATIVE REALITIES, INC.
- Q4 2022 record revenue $10.5M, up 94% YoY; FY2022 revenue $43.3M, up 135% YoY.
- FY2022 record Adjusted EBITDA $3.8M (8.8% margin), up 215% YoY; net income $1.9M.
- Annual recurring revenue run-rate $14.8M exiting 2022, up from $12.0M at end of 2021.
- 2023 revenue guidance raised to $60M (from $54M) with 15% EBITDA margin and $17M ARR exit run-rate.
- Backlog up to $110M over 2-3 years; also rejected go-private proposal and effected 1-for-? reverse stock split on March 27, 2023.