Credo Technology Group Holding Ltd (CRDO)

CRDO Balance Sheet

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 2, 2024	Apr 27, 2024	Apr 29, 2023	Apr 30, 2022	Apr 30, 2021	Apr 30, 2020
Cash & Equivalents	239.24	66.94	108.58	259.32	103.76	73.91
Short-Term Investments	143.72	343.06	109.23	-	-	-
Cash & Short-Term Investments	382.95	410	217.81	259.32	103.76	73.91
Cash Growth	59.22%	88.24%	-16.01%	149.93%	40.39%	-
Receivables	101.75	81.22	58.99	39.6	18.21	18.04
Inventory	36.31	25.91	46.02	27.34	7.1	2.28
Prepaid Expenses	15.93	12.73	5.41	5.92	1.31	1.26
Other Current Assets	1.3	0.4	-	-	7.42	0.37
Total Current Assets	538.25	530.27	328.23	332.18	137.8	95.84
Property, Plant & Equipment	83.42	56.74	55.08	38.8	14.23	10.69
Long-Term Accounts Receivable	-	-	-	-	1.82	-
Long-Term Deferred Tax Assets	-	-	-	-	-	0.98
Other Long-Term Assets	16.88	14.93	13.98	4.71	1.64	0.53
Total Assets	638.55	601.93	397.29	375.69	155.49	108.04
Accounts Payable	13.03	13.42	6.07	8.49	3.59	2.45
Accrued Expenses	25.76	18.61	14.03	13.09	4.2	1.93
Current Portion of Leases	3.05	2.74	2.63	2.38	-	-
Current Income Taxes Payable	-	-	-	1.31	0.63	0.75
Current Unearned Revenue	2.05	3.9	4.04	1.23	4.12	4.55
Other Current Liabilities	5.77	5.95	4.27	-	-	8.9
Total Current Liabilities	49.65	44.62	31.03	26.5	12.53	18.58
Long-Term Leases	12.95	11.13	12.87	14.81	-	-
Long-Term Unearned Revenue	-	0.13	0.38	-	-	-
Other Long-Term Liabilities	8.05	5.85	5.37	0.22	0.42	98.87
Total Liabilities	70.64	61.73	49.65	41.53	12.96	117.45
Common Stock	0.01	0.01	0.01	0.01	0	0
Additional Paid-In Capital	717.32	676.05	454.8	424.56	12.59	9.51
Retained Earnings	-149.11	-135.35	-106.98	-90.43	-68.25	-18.77
Comprehensive Income & Other	-0.31	-0.52	-0.19	0.02	0.23	-0.15
Total Common Equity	567.91	540.2	347.64	334.16	-55.43	-9.41
Shareholders' Equity	567.91	540.2	347.64	334.16	142.53	-9.41
Total Liabilities & Equity	638.55	601.93	397.29	375.69	155.49	108.04
Total Debt	15.99	13.87	15.5	17.19	-	-
Net Cash (Debt)	366.96	396.13	202.31	242.13	103.76	73.91
Net Cash Growth	62.17%	95.80%	-16.45%	133.37%	40.39%	-
Net Cash Per Share	2.25	2.55	1.38	2.74	1.50	1.03
Filing Date Shares Outstanding	167.24	165.19	149.08	145.3	69.5	71.73
Total Common Shares Outstanding	167.16	164.31	148.65	144.75	68.28	71.73
Working Capital	488.61	485.65	297.2	305.68	125.27	77.27
Book Value Per Share	3.40	3.29	2.34	2.31	-0.81	-0.13
Tangible Book Value	567.91	540.2	347.64	334.16	-55.43	-9.41
Tangible Book Value Per Share	3.40	3.29	2.34	2.31	-0.81	-0.13
Machinery	82.73	65.72	49.3	26.76	13.89	10.14
Construction In Progress	20.05	3.62	6.3	2.93	4.7	2.99
Leasehold Improvements	2.74	2.53	2.01	1.47	1.35	1.22

Source: S&P Capital IQ. Standard template. Financial Sources.