CRCT - Cricut, Inc.
Price:
--
--
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CONSENSUS:
Sell
DETAILS
|
PRICE TARGET:
$3.88
DETAILS
HIGH:
$4.00
LOW:
$3.75
MEDIAN:
$3.88
CONSENSUS:
$3.88
DOWNSIDE:
2.51%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 708.8 | 712.5 | 765.1 | 886.3 | 1,306.2 | 959.0 | 486.6 | 339.8 |
| Cost of Revenue | 318.3 | 359.8 | 421.9 | 536.4 | 848.8 | 626.7 | 344.2 | 228.7 |
| Gross Profit | 390.4 | 352.8 | 343.3 | 349.9 | 457.4 | 332.4 | 142.3 | 111.1 |
| Operating Expenses | ||||||||
| R&D Expenses | 66.5 | 60.4 | 65.0 | 76.9 | 79.8 | 38.9 | 26.7 | 24.1 |
| SG&A Expenses | 227.9 | 216.3 | 208.3 | 193.0 | 185.2 | 92.9 | 62.1 | 49.1 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 |
| Operating Expenses | 294.4 | 276.7 | 273.3 | 269.9 | 265.0 | 131.9 | 88.8 | 73.1 |
| Operating Income | ||||||||
| Operating Income | 96.0 | 76.1 | 70.0 | 80.0 | 192.4 | 200.5 | 53.6 | 38.0 |
| Interest Expense | 0.6 | 0.3 | 0.3 | 0.3 | 0.3 | 1.2 | 3.3 | 1.9 |
| Interest Income | 11.4 | 11.0 | 8.0 | 1.8 | 0.2 | 0 | 0 | 0 |
| Profitability | ||||||||
| EBITDA | 96.0 | 118.2 | 110.1 | 109.2 | 212.1 | 214.6 | 62.7 | 46.1 |
| EBIT | 96.0 | 89.2 | 80.1 | 82.3 | 192.7 | 200.5 | 53.6 | 38.1 |
| Income Before Tax | 107.9 | 88.9 | 79.8 | 82.0 | 192.4 | 199.2 | 50.3 | 36.2 |
| Income Tax Expense | 31.2 | 26.0 | 26.1 | 21.3 | 51.9 | 44.6 | 11.1 | 8.7 |
| Net Income | 76.7 | 62.8 | 53.6 | 60.7 | 140.5 | 154.6 | 39.2 | 27.4 |
| Per Share Data | ||||||||
| EPS (Basic) | 0.36 | 0.29 | 0.25 | 0.28 | 0.67 | 0.70 | 0.18 | 0.12 |
| EPS (Diluted) | 0.35 | 0.29 | 0.24 | 0.28 | 0.64 | 0.70 | 0.18 | 0.12 |
| Shares Outstanding | 215.2 | 215.1 | 216.9 | 214.5 | 208.8 | 221.4 | 221.4 | 221.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 256.2 | 232.1 | 142.2 | 224.9 | 241.6 | 122.2 | 6.7 | 6.0 |
| Short-Term Investments | 19.4 | 104.8 | 103.0 | 74.3 | 0 | 0 | 0 | 0 |
| Net Receivables | 92.0 | 102.0 | 111.2 | 136.5 | 199.5 | 162.9 | 65.4 | 61.3 |
| Inventory | 102.7 | 115.3 | 244.5 | 351.7 | 454.2 | 248.7 | 213.2 | 145.1 |
| Other Current Assets | 29.3 | 26.1 | 19.1 | 23.8 | 0 | 0 | 0 | 0 |
| Total Current Assets | 499.6 | 580.2 | 620.0 | 811.3 | 928.1 | 538.8 | 287.2 | 218.9 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 51.1 | 51.5 | 60.0 | 80.5 | 70.9 | 33.4 | 25.3 | 16.0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0.8 | 1.5 | 2.3 | 3.0 | 4.5 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 16.9 | 22.1 | 35.4 | 33.3 | 2.5 | 3.8 | 0.7 | 0.5 |
| Total Non-Current Assets | 81.2 | 112.8 | 130.2 | 138.4 | 78.2 | 42.6 | 30.5 | 22.7 |
| Total Assets | 580.8 | 693.0 | 750.1 | 949.6 | 1,006.2 | 581.4 | 317.6 | 241.6 |
| Current Liabilities | ||||||||
| Account Payables | 71.6 | 53.4 | 76.9 | 63.2 | 204.7 | 251.7 | 95.8 | 82.3 |
| Short-Term Debt | 3.6 | 0 | 0 | 0 | 0 | 0 | 37.6 | 33.1 |
| Deferred Revenue | 50.4 | 45.4 | 40.3 | 34.9 | 30.5 | 23.5 | 13.1 | 9.4 |
| Other Current Liabilities | 71.1 | 37.5 | 41.5 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 221.1 | 203.4 | 196.5 | 254.1 | 308.4 | 346.5 | 175.6 | 146.1 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 8.0 | 0 | 0 | 0 | 0 | 0 | 17.8 | 11.7 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0.8 | 2.2 |
| Other Non-Current Liabilities | 5.3 | 8.8 | 6.9 | 5.1 | 3.3 | 3.2 | 0.9 | 0.8 |
| Total Non-Current Liabilities | 16.2 | 22.9 | 18.8 | 22.8 | 23.9 | 6.0 | 20.9 | 15.8 |
| Total Liabilities | 237.2 | 226.3 | 215.2 | 276.9 | 332.3 | 352.5 | 196.5 | 161.9 |
| Stockholders' Equity | ||||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 |
| Retained Earnings | 4.0 | 0 | 28.5 | 0 | (43.6) | (184.0) | (338.6) | (377.8) |
| Accumulated Other Comprehensive Income | 0.2 | (0.0) | 0.3 | (0.5) | (0.1) | 0.0 | (0.0) | 0 |
| Total Stockholders' Equity | 343.6 | 466.8 | 534.9 | 672.7 | 674.0 | 228.9 | 121.1 | 79.8 |
| Total Liabilities & Equity | 580.8 | 693.0 | 750.1 | 949.6 | 1,006.2 | 581.4 | 317.6 | 241.6 |
| Debt Metrics | ||||||||
| Total Debt | 11.6 | 15.2 | 14.2 | 19.4 | 19.5 | 0 | 55.4 | 44.8 |
| Net Debt | (244.6) | (216.9) | (128.0) | (205.6) | (222.1) | (122.2) | 48.8 | 38.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | 76.7 | 62.8 | 53.6 | 60.7 | 140.5 | 154.6 | 39.2 | 27.4 |
| Depreciation & Amortization | 24.4 | 29.0 | 30.0 | 27.0 | 19.4 | 14.1 | 9.2 | 8.1 |
| Stock-Based Compensation | 34.8 | 45.1 | 47.3 | 41.1 | 38.1 | 9.5 | 1.8 | 10.4 |
| Change in Working Capital | 57.3 | 130.0 | 127.4 | (8.3) | (313.1) | 69.4 | (51.8) | (59.7) |
| Other Non-Cash Items | (19.1) | 2.4 | 40.9 | 17.7 | 10.3 | 3.1 | 6.7 | 2.9 |
| Operating Cash Flow | 200.2 | 265.0 | 288.1 | 117.7 | (104.9) | 248.2 | 3.9 | (8.3) |
| Investing Activities | ||||||||
| Capital Expenditure | (24.4) | (18.3) | (23.7) | (33.8) | (35.8) | (21.8) | (14.1) | (8.1) |
| Acquisitions | 0 | 0 | 0 | 74.1 | 0.2 | 1.1 | 1.3 | 2.7 |
| Purchases of Investments | 0 | (110.5) | (63.5) | (180.1) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 85.1 | 110.5 | 38.4 | 106.0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | (74.1) | (0.2) | (1.1) | (1.3) | 0 |
| Investing Cash Flow | 60.7 | (18.3) | (48.8) | (107.9) | (35.8) | (21.8) | (14.1) | (8.1) |
| Financing Activities | ||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | (55.6) | 10.4 | 15.1 |
| Stock Repurchased | (24.7) | (38.5) | (20.3) | (18.6) | 0 | (3.0) | (0.7) | (0.3) |
| Dividends Paid | (202.1) | (110.0) | (294.1) | 0 | 0 | (51.2) | 0 | 0 |
| Other Financing Activities | (10.6) | (8.0) | (7.7) | (7.7) | (1.8) | (1.1) | 1.2 | 2.7 |
| Financing Cash Flow | (237.4) | (156.4) | (322.2) | (26.2) | 260.2 | (110.9) | 10.9 | 17.4 |
| Cash Position | ||||||||
| Net Change in Cash | 24.1 | 90.0 | (82.8) | (16.7) | 119.4 | 115.6 | 0.6 | 1.0 |
| Cash at Beginning | 232.1 | 142.2 | 224.9 | 241.6 | 122.2 | 6.7 | 6.0 | 5.0 |
| Cash at End | 256.2 | 232.1 | 142.2 | 224.9 | 241.6 | 122.2 | 6.7 | 6.0 |
| Free Cash Flow | 175.8 | 246.6 | 264.4 | 83.9 | (140.7) | 226.4 | (10.2) | (16.4) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 708.8 | 712.5 | 765.1 | 886.3 | 1,306.2 | 959.0 | 486.6 | 339.8 |
| Gross Profit | 390.4 | 352.8 | 343.3 | 349.9 | 457.4 | 332.4 | 142.3 | 111.1 |
| Operating Income | 96.0 | 76.1 | 70.0 | 80.0 | 192.4 | 200.5 | 53.6 | 38.0 |
| Net Income | 76.7 | 62.8 | 53.6 | 60.7 | 140.5 | 154.6 | 39.2 | 27.4 |
| EPS (Diluted) | 0.35 | 0.29 | 0.24 | 0.28 | 0.64 | 0.70 | 0.18 | 0.12 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 256.2 | 232.1 | 142.2 | 224.9 | 241.6 | 122.2 | 6.7 | 6.0 |
| Total Assets | 580.8 | 693.0 | 750.1 | 949.6 | 1,006.2 | 581.4 | 317.6 | 241.6 |
| Total Debt | 11.6 | 15.2 | 14.2 | 19.4 | 19.5 | 0 | 55.4 | 44.8 |
| Stockholders' Equity | 343.6 | 466.8 | 534.9 | 672.7 | 674.0 | 228.9 | 121.1 | 79.8 |
| Cash Flow | ||||||||
| Operating Cash Flow | 200.2 | 265.0 | 288.1 | 117.7 | (104.9) | 248.2 | 3.9 | (8.3) |
| Capital Expenditure | (24.4) | (18.3) | (23.7) | (33.8) | (35.8) | (21.8) | (14.1) | (8.1) |
| Free Cash Flow | 175.8 | 246.6 | 264.4 | 83.9 | (140.7) | 226.4 | (10.2) | (16.4) |