Credo Technology Group Holding Ltd (CRDO)

CRDO Income Statement

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

Year	2023	2022	2021	2020
Revenue	184.19	106.48	58.7	53.84
Revenue Growth (YoY)	72.99%	81.40%	9.03%	-
Cost of Revenue	78	42.46	20.42	7.73
Gross Profit	106.19	64.02	38.28	46.11
Selling, General & Admin	48.25	34.9	28.67	16.47
Research & Development	76.77	47.95	34.85	27.56
Other Operating Expenses	2.41	3.13	0	0
Operating Expenses	127.43	85.98	63.51	44.04
Operating Income	-21.24	-21.97	-25.23	2.07
Other Expense / Income	-3.32	0.25	0.06	-0.02
Pretax Income	-17.91	-22.21	-25.3	2.1
Income Tax	-1.37	-0.04	2.22	0.77
Net Income	-16.55	-22.18	-27.51	1.33
Preferred Dividends	0	0	0	1.33
Net Income Common	-16.55	-22.18	-27.51	0
Shares Outstanding (Basic)	147	88	69	72
Shares Outstanding (Diluted)	147	88	69	72
Shares Change	65.79%	27.93%	-3.67%	-
EPS (Basic)	-0.11	-0.25	-0.40	-
EPS (Diluted)	-0.11	-0.25	-0.40	-
Free Cash Flow	-46.33	-48.41	-48.42	-19.09
Free Cash Flow Per Share	-0.32	-0.55	-0.70	-0.27
Gross Margin	57.65%	60.12%	65.21%	85.64%
Operating Margin	-11.53%	-20.63%	-42.99%	3.85%
Profit Margin	-8.98%	-20.83%	-46.87%	-
Free Cash Flow Margin	-25.15%	-45.47%	-82.49%	-35.45%
Effective Tax Rate	-	-	-	36.56%
EBITDA	-8.4	-17.42	-23.08	3.91
EBITDA Margin	-4.56%	-16.36%	-39.32%	7.26%
Depreciation & Amortization	9.51	4.79	2.22	1.81
EBIT	-17.91	-22.21	-25.3	2.1
EBIT Margin	-9.73%	-20.86%	-43.10%	3.89%

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).