secwatch.observer — SEC 8-K summary
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Issuer:     CREATIVE REALITIES, INC. (CREX)
CIK:        0001356093
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001437749-23-008532
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creative Realities reports record FY2022 revenue $43.3M, raises 2023 guidance to $60M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1356093/000143774923008532/0001437749-23-008532-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1356093/000143774923008532/crex20230329_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-008532

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer