Creative Realities vs CSP
Creative Realities and CSP are similar in size: $57.2m and $58.7m of revenue in their latest fiscal years. Creative Realities grew faster (12.5% against 6.4%). CSP kept more of each dollar of sales as profit: a net margin of -0.2% against -14.5%. CSP carries less debt relative to equity (2.0% against 206.8%).
| Latest fiscal year | Creative RealitiesCREX, 2025 | CSPCSPI, 2025 |
|---|---|---|
| Revenue | $57.2m | $58.7m |
| Revenue growth | 12.5% | 6.4% |
| Net income | −$8.3m | −$91,000 |
| Operating margin | -15.5% | -5.3% |
| Net margin | -14.5% | -0.2% |
| Return on equity | -35.2% | -0.2% |
| Free cash flow | −$8.1m | $1.9m |
| Cash | $1.6m | $27.4m |
| Total debt | $44.5m | $903,000 |
| Debt to equity | 206.8% | 2.0% |
| Dividend per share | — | $0.12 |
| Dividend yield | — | — |
| Share buybacks | — | $869,000 |
| Employees | 238 | 123 |
| Market value | $28.3m | $76.6m |
| Price vs our value range | — | Above our value range |
| Moat score | 21 (Weak) | 17 (Weak) |
| Insider trades, 12 months | 2 buys, 1 sales | 50 buys, 0 sales |