Cricut, Inc. financial data

Symbol
CRCT on Nasdaq
Location
10855 South River Front Parkway, South Jordan, UT
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 302 % -8.66%
Quick Ratio 136 % -17.6%
Debt-to-equity 42.3 % +7.28%
Return On Equity 13.2 % +76.2%
Return On Assets 9.26 % +72.7%
Operating Margin 12.4 % +73.6%

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 216M shares -1.7%
Entity Public Float 592M USD +58.7%
Common Stock, Value, Issued 216K USD -1.82%
Weighted Average Number of Shares Outstanding, Basic 216M shares -0.25%
Weighted Average Number of Shares Outstanding, Diluted 218M shares -1.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 741M USD -9.21%
Cost of Revenue 381M USD -21.7%
Research and Development Expense 60.1M USD -14.8%
Selling and Marketing Expense 131M USD +4.34%
General and Administrative Expense 78M USD +2.72%
Operating Income (Loss) 91.8M USD +57.5%
Nonoperating Income (Expense) 3.36M USD -8.97%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 102M USD +54.6%
Income Tax Expense (Benefit) 34.2M USD +94.2%
Net Income (Loss) Attributable to Parent 67.9M USD +40.2%
Earnings Per Share, Basic 0.32 USD/shares +45.5%
Earnings Per Share, Diluted 0.31 USD/shares +40.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 196M USD -31.7%
Marketable Securities, Current 104M USD +37.9%
Accounts Receivable, after Allowance for Credit Loss, Current 83.8M USD -5.53%
Inventory, Net 224M USD -30.1%
Assets, Current 611M USD -19.9%
Deferred Income Tax Assets, Net 44.3M USD +41.6%
Property, Plant and Equipment, Net 42.1M USD -28%
Operating Lease, Right-of-Use Asset 10.3M USD -29.4%
Intangible Assets, Net (Excluding Goodwill) 0 USD -100%
Assets 742M USD -17.4%
Accounts Payable, Current 34M USD -49.4%
Contract with Customer, Liability, Current 44.5M USD +12.4%
Liabilities, Current 276M USD -30.1%
Contract with Customer, Liability, Noncurrent 2.6M USD -7.72%
Operating Lease, Liability, Noncurrent 6.86M USD -38.4%
Other Liabilities, Noncurrent 7.85M USD +14%
Liabilities 294M USD -29.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax 142K USD
Retained Earnings (Accumulated Deficit) 0 USD
Stockholders' Equity Attributable to Parent 449M USD -7%
Liabilities and Equity 742M USD -17.4%

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 216M shares -1.7%
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 196M USD -31.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Gross 46.3M USD +19.9%
Operating Lease, Liability 11.8M USD -28.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 68.7M USD +42.1%
Lessee, Operating Lease, Liability, to be Paid 12.3M USD -29.5%
Property, Plant and Equipment, Gross 150M USD +4.88%
Operating Lease, Liability, Current 4.96M USD -8.73%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.99M USD -6.09%
Lessee, Operating Lease, Liability, to be Paid, Year One 4.6M USD -15.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 439K USD -46.5%
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
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 448M USD -7.16%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 7.5M USD +8.83%
Share-based Payment Arrangement, Expense 46.4M USD +5.28%
Interest Expense 80K USD 0%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%