Company: CRAI
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001053706-25-000007
Chunk: 20

Company: CRA INTERNATIONAL, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 20
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 technology market evaluation, intellectual property management, and portfolio and resource management.Organization & Performance ImprovementAdvising corporate clients in areas of revenue growth drivers; operating margin drivers; asset efficiency drivers; key enablers; and performance management and metrics.Transaction Advisory ServicesAdvising business leaders, including buyers and sellers, in the areas of due diligence, mergers and acquisitions, private equity, and valuation.

Industry Expertise

We believe our ability to combine expertise in advanced economic and financial methods with in-depth knowledge of particular industries is one of our key competitive strengths. By maintaining expertise in certain industries, we provide clients practical advice tailored to their specific markets. This industry expertise, which we developed over decades of providing sophisticated consulting services to a diverse group of clients in many industries, differentiates us from many of our competitors. We believe that we have developed a strong reputation and substantial name recognition within specific industries, which has led to repeat business and new engagements from clients in those markets. While we provide services to clients in a wide variety of industries, we have particular expertise in the following industries:

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•Blockchain and Cryptocurrency

•Communications & Media

•Consumer Products, Health, & Wellness

•Energy

•Entertainment & Leisure

•Financial Services

•Healthcare

•Life Sciences

•Manufacturing & Industrials

•Natural Resources

•Retail & Distribution

•Technology

•Transportation

Clients

We have completed thousands of engagements for clients around the world, including domestic and foreign corporations; federal, state, and local domestic government agencies; governments of foreign countries; public and private utilities; accounting firms; and national and international trade associations. Frequently, we work with major law firms who approach us on behalf of their clients. While we have particular expertise in a number of industries, we provide services to a diverse group of clients in a broad range of industries. Our policy is to keep the identities of our clients confidential unless our work for the client is already publicly disclosed. Our clients come from a broad range of industries, with no single client accounting for more than 10% of our revenues in any of fiscal 2024, fiscal 2023, or fiscal 2022.

We derived approximately 18%, of consolidated revenues from fixed-price contracts in fiscal 2024 and fiscal 2023, respectively and 19%  in fiscal 2022. These contracts are more common in our management consulting practices, and would likely grow in number with expansion of those practices.

Human Capital

As of December 28