CRDO Q4 2024 Earnings — Credo Technology Group Holding Ltd Revenue & Financial Results | Market Cap Arena

CRDOCredo Technology Group Holding Ltd

$21B

Q4 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$61M+89.4% YoY

Gross Profit

$40M65.8% margin

Operating Income

-$8M-13.0% margin

Net Income

-$10M-17.2% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+14.6%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$962,000

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$602M

Total Liabilities

$62M

Stockholders' Equity

$540M

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$32M	+89.4%
Gross Profit	$40M	$19M	+115.0%
Operating Income	-$8M	-$16M	+51.9%
Net Income	-$10M	-$16M	+34.3%

Revenue Segments

Product

$41M67%

License

$17M27%

Product Engineering Services

$3M5%

Geographic Segments

HONG KONG

$21M35%

UNITED STATES

$20M33%

TAIWAN

$8M12%

REST OF THE WORLD

$6M10%

CHINA

$6M10%