Cricut, Inc. financial data

Symbol
CRCT on Nasdaq
Industry
Special Industry Machinery, NEC
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%