Cricut Stock (NASDAQ:CRCT)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$6.05

52W Range

$4.43 - $8.40

50D Avg

$5.98

200D Avg

$5.92

Market Cap

$1.27B

Avg Vol (3M)

$346.03K

Beta

0.05

Div Yield

$0.20 (8.43%)

CRCT Company Profile


Cricut, Inc. designs and markets a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates in three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connected machines include Cricut Joy, Cricut Explore, and Cricut Maker to cut, write, score, and create decorative effects using various materials, such as paper, vinyl, leather, and others; and design apps comprise Design Space app and Cricut Joy-specific app. The company also provides Cricut Access and Cricut Access Premium subscription offerings, and in-app purchases; and a software that integrates its connected machines and design apps. In addition, it offers a range of accessories and materials, such as Cricut EasyPress, Cricut Mug Press, various hand tools, machine replacement tools and blades, and project materials. The company offers its products through its third-party brick-and-mortar and online retail partners; and its website cricut.com, as well as through a network of distributors. It operates in the United States, the United Kingdom, Ireland, Australia, New Zealand, and Western Europe, as well as the Middle East, Latin America, South Africa, and Asia. The company was formerly known as Provo Craft & Novelty, Inc. and changed its name to Cricut, Inc. in March 2018. The company was incorporated in 1969 and is headquartered in South Jordan, Utah.

Show More

Industry

Computer Hardware

Sector

Technology

Exchange

NASDAQ

ADR

-

Country

US

Employees

690

IPO Date

Mar 26, 2021

Website

CRCT Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Connected Machines$198.31M$252.56M$548.21M
Accessories And Materials$262.85M$361.39M$552.16M
Subscriptions$303.99M$272.34M$205.86M

Fiscal year ends in Dec 23 | Currency in USD

CRCT Financial Summary


Dec 23Dec 22Dec 21
Revenue$765.15M$886.30M$1.31B
Operating Income$69.98M$79.95M$192.41M
Net Income$53.64M$60.67M$140.47M
EBITDA$69.98M$106.91M$211.79M
Basic EPS$0.24$0.28$0.67
Diluted EPS$0.24$0.28$0.64

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 05, 24 | 10:41 PM
Q2 24Aug 06, 24 | 9:49 PM
Q1 24May 07, 24 | 12:00 AM

Peer Comparison


TickerCompany
QUBTQuantum Computing, Inc.
ANETArista Networks, Inc.
NNDMNano Dimension Ltd.
SSYSStratasys Ltd.
SMCISuper Micro Computer, Inc.
IONQIonQ, Inc.
QMCOQuantum Corporation
RGTIRigetti Computing, Inc.
QBTSD-Wave Quantum Inc.
DMDesktop Metal, Inc.