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Stocks · Technology · Services-Computer Integrated Systems Design

CREATIVE REALITIES, INC.

CREX Clue Score40
United States Fiscal year ends December CIK 0001356093
$2.38 +0.42% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $2.38 +71.22% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue13.7Operating income−4.6Net income−4.7Fiscal year 2017Revenue17.7 +29.4%Operating income−6.1Net income−7.0Fiscal year 2018Revenue22.5 +27.0%Operating income−4.5Net income−10.6EPS, diluted−2.95Fiscal year 2019Revenue31.6 +40.6%Operating income−0.1Net income1.0EPS, diluted0.11Fiscal year 2020Revenue17.5 −44.8%Operating income−16.1Net income−16.8 −1,722.7%EPS, diluted−1.65Fiscal year 2021Revenue18.4 +5.6%Operating income−2.5Net income0.2EPS, diluted0.06Fiscal year 2022Revenue43.4 +135.1%Operating income−2.5Net income1.9 +708.6%EPS, diluted0.28Fiscal year 2023Revenue45.2 +4.2%Operating income1.3Net income−2.9 −256.6%EPS, diluted−0.35Fiscal year 2024Revenue50.9 +12.6%Operating income0.9Net income−3.5EPS, diluted−0.34Fiscal year 2025Revenue57.2 +12.5%Operating income−8.9Net income−8.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 13.7 17.7 22.5 31.6 17.5 18.4 43.4 45.2 50.9 57.2
Growth +29.4% +27.0% +40.6% −44.8% +5.6% +135.1% +4.2% +12.6% +12.5%
Operating income −4.6 −6.1 −4.5 −0.1 −16.1 −2.5 −2.5 1.3 0.9 −8.9
Net income −4.7 −7.0 −10.6 1.0 −16.8 0.2 1.9 −2.9 −3.5 −8.3
Growth −1,722.7% +708.6% −256.6%
EPS, diluted n/a n/a −2.95 0.11 −1.65 0.06 0.28 −0.35 −0.34 n/a

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin50.2%Operating margin−33.3%Net margin−34.4%Free cash flow margin−32.2%Fiscal year 2017Gross margin41.8%Operating margin−34.5%Net margin−39.3%Free cash flow margin0.5%Fiscal year 2018Gross margin45.5%Operating margin−19.9%Net margin−47.3%Free cash flow margin−8.3%Fiscal year 2019Gross margin43.5%Operating margin−0.3%Net margin3.3%Free cash flow margin−5.9%Fiscal year 2020Gross margin46.5%Operating margin−92.1%Net margin−96.5%Free cash flow margin−20.7%Fiscal year 2021Gross margin45.3%Operating margin−13.8%Net margin1.3%Free cash flow margin2.5%Fiscal year 2022Gross margin40.9%Operating margin−5.7%Net margin4.3%Free cash flow margin−2.0%Fiscal year 2023Gross margin49.1%Operating margin3.0%Net margin−6.5%Free cash flow margin10.8%Fiscal year 2024Gross margin47.2%Operating margin1.8%Net margin−6.9%Free cash flow margin6.6%Fiscal year 2025Gross margin44.9%Operating margin−15.5%Net margin−14.5%Free cash flow margin−14.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 50.2% 41.8% 45.5% 43.5% 46.5% 45.3% 40.9% 49.1% 47.2% 44.9%
Operating margin −33.3% −34.5% −19.9% −0.3% −92.1% −13.8% −5.7% 3.0% 1.8% −15.5%
Net margin −34.4% −39.3% −47.3% 3.3% −96.5% 1.3% 4.3% −6.5% −6.9% −14.5%
Free cash flow margin −32.2% 0.5% −8.3% −5.9% −20.7% 2.5% −2.0% 10.8% 6.6% −14.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−4.1Capital expenditure−0.3Free cash flow−4.4Fiscal year 2017Operating cash flow0.7Capital expenditure−0.6Free cash flow0.1Fiscal year 2018Operating cash flow−1.6Capital expenditure−0.3Free cash flow−1.9 −2,276.7%Fiscal year 2019Operating cash flow−1.0Capital expenditure−0.9Free cash flow−1.9Fiscal year 2020Operating cash flow−3.5Capital expenditure−0.1Free cash flow−3.6Fiscal year 2021Operating cash flow0.5Capital expenditure−0.0Free cash flow0.5Fiscal year 2022Operating cash flow−0.7Capital expenditure−0.1Free cash flow−0.9 −289.6%Fiscal year 2023Operating cash flow5.2Capital expenditure−0.3Free cash flow4.9Fiscal year 2024Operating cash flow3.4Capital expenditure−0.0Free cash flow3.4 −30.7%Fiscal year 2025Operating cash flow−7.8Capital expenditure−0.3Free cash flow−8.1 −339.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −4.1 0.7 −1.6 −1.0 −3.5 0.5 −0.7 5.2 3.4 −7.8
Capital expenditure −0.3 −0.6 −0.3 −0.9 −0.1 −0.0 −0.1 −0.3 −0.0 −0.3
Free cash flow −4.4 0.1 −1.9 −1.9 −3.6 0.5 −0.9 4.9 3.4 −8.1
Growth −2,276.7% −289.6% −30.7% −339.1%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.4Shareholders’ equity4.5Fiscal year 2017Cash1.0Shareholders’ equity4.4Fiscal year 2018Cash2.7Shareholders’ equity16.8Fiscal year 2019Cash2.5Total debt3.8Net cash (debt)−1.2Shareholders’ equity18.5Debt to equity0.20Fiscal year 2020Cash1.8Total debt15.0Net cash (debt)−13.1Shareholders’ equity4.3Debt to equity3.45Fiscal year 2021Cash2.9Total debt0.0Net cash (debt)2.9Shareholders’ equity8.7Debt to equity0.00Fiscal year 2022Cash1.6Total debt17.6Net cash (debt)−15.9Shareholders’ equity25.6Debt to equity0.69Fiscal year 2023Cash2.9Total debt13.5Net cash (debt)−10.6Shareholders’ equity28.8Debt to equity0.47Fiscal year 2024Cash1.0Total debt13.0Net cash (debt)−12.0Shareholders’ equity25.5Debt to equity0.51Fiscal year 2025Cash1.6Total debt44.0Net cash (debt)−42.4Shareholders’ equity21.5Debt to equity2.04
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.4 1.0 2.7 2.5 1.8 2.9 1.6 2.9 1.0 1.6
Total debt n/a n/a n/a 3.8 15.0 0.0 17.6 13.5 13.0 44.0
Net cash (debt) n/a n/a n/a −1.2 −13.1 2.9 −15.9 −10.6 −12.0 −42.4
Shareholders’ equity 4.5 4.4 16.8 18.5 4.3 8.7 25.6 28.8 25.5 21.5
Debt to equity n/a n/a n/a 0.20 3.45 0.00 0.69 0.47 0.51 2.04

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019† 31 Dec 2019 FY2020† 31 Dec 2020 FY2021† 31 Dec 2021 FY2022† 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
13.7 17.7 22.5 31.6 17.5 18.4 43.4 45.2 50.9 57.2
Growth +29.4% +27.0% +40.6% −44.8% +5.6% +135.1% +4.2% +12.6% +12.5%
6.8 10.3 12.3 17.9 9.3 10.1 25.6 23.0 26.8 31.5
6.9 7.4 10.2 13.7 8.1 8.4 17.7 22.2 24.0 25.7
Growth +7.7% +38.4% +34.4% −40.9% +2.9% +112.3% +25.1% +8.2% +7.1%
0.9 1.0 1.3 1.4 1.1 0.6 1.3 1.6 n/a n/a
6.4 6.9 9.7 9.1 8.5 7.3 11.9 15.6 17.1 23.1
−4.6 −6.1 −4.5 −0.1 −16.1 −2.5 −2.5 1.3 0.9 −8.9
Growth −30.3% −1,045.2%
−5.1 −7.0 −11.0 1.1 −17.0 0.3 2.0 −2.9 −3.4 −7.1
−0.4 −0.0 −0.4 0.1 −0.2 0.0 0.1 0.1 0.1 1.2
−4.7 −7.0 −10.6 1.0 −16.8 0.2 1.9 −2.9 −3.5 −8.3
Growth −1,722.7% +708.6% −256.6%
Per share
n/a −2.96 −2.95 0.11 −1.65 0.06 0.28 −0.35 −0.34 −0.81
n/a n/a −2.95 0.11 −1.65 0.06 0.28 −0.35 −0.34 n/a
Growth −1,600.0% +366.7% −225.0%
n/a n/a 0.0 9.7 0.0 3.9 6.7 8.5 10.4 10.5
n/a n/a 0.0 9.8 0.0 3.9 6.7 8.5 10.4 n/a
Growth +270,832.8% −99.9% +38,350.2% +70.0% +27.2% +23.1%

† The diluted share count jumps at 2019 and 2020 and 2021 and 2022, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 26.8% a year over five years.
  • Operating margin is up 76.6 points on five years ago, at -15.5%.
  • A net loss in 7 of 10 years on file.