cricut inc. - CRCT

CRCT

Close Chg Chg %
5.18 -0.08 -1.54%

Closed Market

5.10

-0.08 (1.54%)

Volume: 324.39K

Last Updated:

Nov 22, 2024, 4:00 PM EDT

Company Overview: cricut inc. - CRCT

CRCT Key Data

Open

$5.18

Day Range

5.08 - 5.22

52 Week Range

4.43 - 8.40

Market Cap

$1.11B

Shares Outstanding

214.47M

Public Float

44.48M

Beta

0.05

Rev. Per Employee

N/A

P/E Ratio

18.09

EPS

$0.29

Yield

193.05%

Dividend

$0.10

EX-DIVIDEND DATE

Jan 7, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

375.69K

 

CRCT Performance

1 Week
 
0.99%
 
1 Month
 
-21.54%
 
3 Months
 
-11.92%
 
1 Year
 
-28.27%
 
5 Years
 
N/A
 

CRCT Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 4
Full Ratings ➔

About cricut inc. - CRCT

Cricut, Inc., distributes scrap book, craft and home decor items. The firm’s products include its flagship line of cutting machines, such as the Cricut Maker family, the Cricut Explore family, and Cricut Joy, accompanied by other tools like Cricut EasyPress, the Infusible Ink system, and a diverse collection of materials. It operates through the following segments: Connected Machines, Subscriptions, and Accessories & Materials. The company was founded by Robert Workman in June 1969 and is headquartered in South Jordan, UT.

CRCT At a Glance

Cricut, Inc.
10855 South River Front Parkway
South Jordan, Utah 84095
Phone 1-385-351-0633 Revenue 765.15M
Industry Wholesale Distributors Net Income 53.64M
Sector Distribution Services Employees 690
Fiscal Year-end 12 / 2024
View SEC Filings

CRCT Valuation

P/E Current 18.087
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 26.997
Price to Sales Ratio 1.892
Price to Book Ratio 2.685
Price to Cash Flow Ratio 5.026
Enterprise Value to EBITDA 12.196
Enterprise Value to Sales 1.591
Total Debt to Enterprise Value 0.012

CRCT Efficiency

Revenue/Employee 1,108,908.696
Income Per Employee 77,733.333
Receivables Turnover 6.878
Total Asset Turnover 0.887

CRCT Liquidity

Current Ratio 3.156
Quick Ratio 1.911
Cash Ratio 1.248

CRCT Profitability

Gross Margin 44.866
Operating Margin 9.147
Pretax Margin 10.427
Net Margin 7.01
Return on Assets 6.215
Return on Equity 8.883
Return on Total Capital 9.769
Return on Invested Capital 8.718

CRCT Capital Structure

Total Debt to Total Equity 2.649
Total Debt to Total Capital 2.58
Total Debt to Total Assets 1.86
Long-Term Debt to Equity 1.671
Long-Term Debt to Total Capital 1.628
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cricut Inc. - CRCT

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
959.03M 1.31B 886.30M 765.15M
Sales Growth
+97.11% +36.20% -32.15% -13.67%
Cost of Goods Sold (COGS) incl D&A
626.66M 848.78M 536.40M 421.85M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
14.00M 23.29M 26.96M 29.80M
Depreciation
13.20M 22.49M 26.16M 29.00M
Amortization of Intangibles
800.00K 800.00K 800.00K 800.00K
COGS Growth
+82.06% +35.45% -36.80% -21.36%
Gross Income
332.37M 457.45M 349.89M 343.29M
Gross Income Growth
+133.49% +37.63% -23.51% -1.89%
Gross Profit Margin
+34.66% +35.02% +39.48% +44.87%
2020 2021 2022 2023 5-year trend
SG&A Expense
131.86M 265.05M 269.94M 273.31M
Research & Development
38.93M 79.81M 76.91M 65.05M
Other SG&A
92.93M 185.23M 193.03M 208.26M
SGA Growth
+48.51% +101.00% +1.85% +1.25%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
200.51M 192.41M 79.95M 69.98M
Non Operating Income/Expense
(165.00K) (32.00K) 2.03M 10.12M
Non-Operating Interest Income
- - - 7.98M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - 1.16M 323.00K
-
Interest Expense Growth
- - -64.90% -100.00%
-
Gross Interest Expense
- - 1.16M 323.00K
-
Interest Capitalized
- - - -
-
Pretax Income
199.19M 192.37M 81.98M 79.78M
Pretax Income Growth
+296.26% -3.42% -57.38% -2.68%
Pretax Margin
+20.77% +14.73% +9.25% +10.43%
Income Tax
44.62M 51.90M 21.32M 26.15M
Income Tax - Current - Domestic
47.03M 51.87M 41.67M 36.84M
Income Tax - Current - Foreign
(125.00K) 162.00K 107.00K 549.00K
Income Tax - Deferred - Domestic
(2.29M) (160.00K) (20.48M) (11.27M)
Income Tax - Deferred - Foreign
- 25.00K 24.00K 37.00K
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
154.58M 140.47M 60.67M 53.64M
Minority Interest Expense
- - - -
-
Net Income
154.58M 140.47M 60.67M 53.64M
Net Income Growth
+294.22% -9.12% -56.81% -11.59%
Net Margin Growth
+16.12% +10.75% +6.84% +7.01%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
154.58M 140.47M 60.67M 53.64M
Preferred Dividends
- - - -
-
Net Income Available to Common
154.58M 140.47M 60.67M 53.64M
EPS (Basic)
0.6921 0.633 0.2829 0.2473
EPS (Basic) Growth
-94.28% -8.54% -55.31% -12.58%
Basic Shares Outstanding
223.35M 221.91M 214.46M 216.89M
EPS (Diluted)
0.6921 0.633 0.275 0.2441
EPS (Diluted) Growth
-94.28% -8.54% -56.56% -11.24%
Diluted Shares Outstanding
223.35M 221.91M 220.59M 219.72M
EBITDA
214.52M 215.69M 106.91M 99.78M
EBITDA Growth
+242.30% +0.55% -50.43% -6.66%
EBITDA Margin
+22.37% +16.51% +12.06% +13.04%

Snapshot

Average Recommendation UNDERWEIGHT Average Target Price 5.363
Number of Ratings 4 Current Quarters Estimate 0.041
FY Report Date 12 / 2024 Current Year's Estimate 0.28
Last Quarter’s Earnings 0.05 Median PE on CY Estimate N/A
Year Ago Earnings 0.24 Next Fiscal Year Estimate 0.295
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 4 4 4 4
Mean Estimate 0.04 0.09 0.28 0.29
High Estimates 0.04 0.10 0.28 0.30
Low Estimate 0.04 0.08 0.28 0.29
Coefficient of Variance 4.36 9.18 0.25 1.83

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 2 2 2
UNDERWEIGHT 0 0 0
SELL 2 2 2
MEAN Underweight Underweight Underweight

Insider Actions for Cricut Inc. - CRCT

Date Name Shares Transaction Value
Aug 20, 2024 Ashish Arora Chief Executive Officer; Director 2,539,450 Conversion of derivative security 0.00
Jul 23, 2024 Melissa Meyer Reiff Director 57,447 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 23, 2024 Billie Ida Williamson Director 57,447 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 23, 2024 Donald B. Olsen EVP, General Counsel & Sec. 695,833 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 23, 2024 Ryan Harmer Principal Accounting Officer 284,677 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 23, 2024 Kimball C. Shill Chief Financial Officer 1,100,370 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 15, 2024 Ashish Arora Chief Executive Officer; Director 2,033,839 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $7.06 per share 14,358,903.34
May 15, 2024 Ashish Arora Chief Executive Officer; Director 1,951,670 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $7.48 per share 14,598,491.60
Apr 10, 2024 Petrus Capital Management LLC 683,265 Conversion of derivative security 0.00
Apr 10, 2024 Petrus Capital Management LLC N/A Other acquisition or disposition 0.00
Mar 12, 2024 Abdiel Capital Advisors LP 190,616 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $4.45 per share 848,241.20
Mar 12, 2024 Abdiel Capital Advisors LP N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $4.45 per share 0.00
Dec 1, 2023 Donald B. Olsen EVP, General Counsel & Sec. 608,210 Bona fide gift 0.00

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