Cricut, Inc. financial data

Symbol
CRCT on Nasdaq
Industry
Special Industry Machinery, NEC
Location
10855 South River Front Parkway, South Jordan, Utah
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 279 % -35.1%
Quick Ratio 129 % -45.7%
Debt-to-equity 47.5 % +63.4%
Return On Equity 12.3 % +87.9%
Return On Assets 8.31 % +64.3%
Operating Margin 11.3 % +57%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 217M shares -1.16%
Entity Public Float 592M USD +58.7%
Common Stock, Value, Issued 217K USD -0.91%
Weighted Average Number of Shares Outstanding, Basic 216M shares -0.02%
Weighted Average Number of Shares Outstanding, Diluted 217M shares -0.86%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 751M USD -8.68%
Cost of Revenue 393M USD -20.6%
Research and Development Expense 62.1M USD -16.3%
Selling and Marketing Expense 127M USD -0.49%
General and Administrative Expense 84.9M USD +26.5%
Operating Income (Loss) 84.7M USD +43.3%
Nonoperating Income (Expense) 3.09M USD +33.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 95.2M USD +50.1%
Income Tax Expense (Benefit) 31M USD +80.5%
Net Income (Loss) Attributable to Parent 64.2M USD +38.7%
Earnings Per Share, Basic 0.3 USD/shares +42.9%
Earnings Per Share, Diluted 0.29 USD/shares +38.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 179M USD -23%
Marketable Securities, Current 103M USD +36.9%
Accounts Receivable, after Allowance for Credit Loss, Current 77.6M USD -14.2%
Inventory, Net 256M USD -21%
Assets, Current 596M USD -15.7%
Deferred Income Tax Assets, Net 39.1M USD +44.3%
Property, Plant and Equipment, Net 44.6M USD -27.1%
Operating Lease, Right-of-Use Asset 11.1M USD -30.1%
Intangible Assets, Net (Excluding Goodwill) 0 USD -100%
Assets 724M USD -14.5%
Accounts Payable, Current 45.2M USD +17.6%
Contract with Customer, Liability, Current 43.9M USD +13.9%
Liabilities, Current 153M USD +17.2%
Contract with Customer, Liability, Noncurrent 2.72M USD -15.5%
Operating Lease, Liability, Noncurrent 7.79M USD -37.9%
Other Liabilities, Noncurrent 7.67M USD +27.5%
Liabilities 171M USD +12.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -99K USD +63.2%
Retained Earnings (Accumulated Deficit) 48.2M USD +429%
Stockholders' Equity Attributable to Parent 553M USD -20.4%
Liabilities and Equity 724M USD -14.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 56.7M USD -40.4%
Net Cash Provided by (Used in) Financing Activities -14.6M USD +81.7%
Net Cash Provided by (Used in) Investing Activities -5.12M USD +33.9%
Common Stock, Shares Authorized 1.25B shares 0%
Common Stock, Shares, Issued 217M shares -1.16%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 36.8M USD +399%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 179M USD -23%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 46.3M USD +19.9%
Operating Lease, Liability 12.7M USD -29.3%
Depreciation 29M USD +12%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 64.4M USD +39.7%
Lessee, Operating Lease, Liability, to be Paid 13.3M USD -30.1%
Property, Plant and Equipment, Gross 150M USD +4.88%
Operating Lease, Liability, Current 4.96M USD -9.48%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.9M USD -8.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.35M USD -20.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -11.2M USD +45.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 516K USD -45.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 967K USD -74.5%
Deferred Tax Assets, Operating Loss Carryforwards 86K USD -29.5%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -9.56M USD +37%
Current Income Tax Expense (Benefit) 37.4M USD -10.5%
Preferred Stock, Shares Authorized 100M shares 0%
Unrecognized Tax Benefits 7.15M USD +79.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 967K USD -74.5%
Operating Lease, Payments 5.9M USD 0%
Additional Paid in Capital 504M USD -26.4%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 4.7M USD -60.6%
Current Federal Tax Expense (Benefit) 32.1M USD +8.07%
Amortization of Intangible Assets 800K USD 0%
Depreciation, Depletion and Amortization 7.5M USD +8.83%
Share-based Payment Arrangement, Expense 47.7M USD +11.9%
Deferred State and Local Income Tax Expense (Benefit) -1.71M USD +67.8%
Interest Expense 81K USD +2.53%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%