John Heckmann's questions to CREATIVE REALITIES (CREX) leadership • Q3 2024
Question
Sought clarification on the full-year guidance, asked which verticals were experiencing deal delays, and inquired about the company's M&A appetite and strategy.
Answer
Management confirmed that full-year 2024 will be a record year for revenue regardless of Q4 deal timing, though Q4 itself could be challenged. Delays are concentrated in the QSR and retail media network sectors. The company has a 'significant' appetite for M&A and feels its capital structure is ready, but finds a lack of suitable large targets, though discussions with smaller competitors are ongoing.