Cricut Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	765.15	886.3	1,306	959.03	486.55	339.79
Revenue Growth (YoY)	-13.67%	-32.15%	36.20%	97.11%	43.19%	-
Cost of Revenue	421.85	536.4	848.78	626.66	344.2	228.69
Gross Profit	343.29	349.89	457.45	332.37	142.35	111.1
Selling, General & Admin	208.26	193.03	185.23	92.93	62.12	49.06
Research & Development	65.05	76.91	79.81	38.93	26.67	24.06
Operating Expenses	273.31	269.94	265.05	131.86	88.79	73.12
Operating Income	69.99	79.95	192.41	200.51	53.56	37.98
Interest Expense / Income	0.32	0.29	0.3	0	0	1.93
Other Expense / Income	-10.12	-2.32	-0.27	1.32	3.29	-22.01
Pretax Income	79.78	81.98	192.37	199.19	50.27	58.06
Income Tax	26.15	21.32	51.9	44.62	11.06	8.72
Net Income	53.64	60.67	140.47	154.58	39.21	49.34
Net Income Growth	-11.59%	-56.81%	-9.12%	294.22%	-20.52%	-
Shares Outstanding (Basic)	217	214	209	208	208	208
Shares Outstanding (Diluted)	220	221	220	208	208	208
Shares Change	-0.39%	0.37%	5.60%	-	-	-
EPS (Basic)	0.25	0.28	0.67	0.74	0.19	0.24
EPS (Diluted)	0.24	0.28	0.64	0.74	0.19	0.24
EPS Growth	-14.29%	-56.25%	-13.51%	289.47%	-20.83%	-
Free Cash Flow	264.38	83.91	-140.74	226.39	-10.23	-16.42
Free Cash Flow Per Share	1.22	0.39	-0.67	1.09	-0.05	-0.08
Dividend Per Share	1.350	-	-	-	-	-
Gross Margin	44.87%	39.48%	35.02%	34.66%	29.26%	32.70%
Operating Margin	9.15%	9.02%	14.73%	20.91%	11.01%	11.18%
Profit Margin	7.01%	6.84%	10.75%	16.12%	8.06%	14.52%
Free Cash Flow Margin	34.55%	9.47%	-10.77%	23.61%	-2.10%	-4.83%
Effective Tax Rate	32.77%	26.00%	26.98%	22.40%	22.00%	15.02%
EBITDA	115.13	114.07	216.25	213.31	59.45	68.05
EBITDA Margin	15.05%	12.87%	16.55%	22.24%	12.22%	20.03%
Depreciation & Amortization	35.03	31.8	23.57	14.12	9.18	8.06
EBIT	80.11	82.27	192.67	199.19	50.27	59.99
EBIT Margin	10.47%	9.28%	14.75%	20.77%	10.33%	17.66%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).