CRCT Q4 2022 Earnings — Cricut, Inc. Revenue & Financial Results | Market Cap Arena

CRCTCricut, Inc.

$873M

Q4 2022 Earnings

Technology Computer Hardware

Income Statement

Revenue

$281M-27.6% YoY

Gross Profit

$84M29.8% margin

Operating Income

$11M4.0% margin

Net Income

$11M3.9% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+58.6%

Cash Flow

Operating Cash Flow

$117M

Free Cash Flow

$110M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$950M

Total Liabilities

$277M

Stockholders' Equity

$673M

Cash & Equivalents

$225M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$281M	$388M	-27.6%
Gross Profit	$84M	$105M	-20.2%
Operating Income	$11M	$26M	-57.1%
Net Income	$11M	$12M	-8.7%

Revenue Segments

Accessories And Materials

$107M38%

Connected Machines

$102M36%

Subscriptions

$71M25%

Geographic Segments

North America

$227M81%

International

$54M19%