Cricut Historical Income Statement

CRCT Stock

USD 6.95 0.11 1.56%

Historical analysis of Cricut income statement accounts such as Net Interest Income of 8 M, Depreciation And Amortization of 19.7 M or Interest Expense of 405.2 K can show how well Cricut Inc performed in making a profits. Evaluating Cricut income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cricut's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Cricut Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cricut Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cricut Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

About Cricut Income Statement Analysis

Cricut Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cricut shareholders. The income statement also shows Cricut investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cricut Income Statement Chart

Cricut Inc Income Statement is one of the three primary financial statements used for reporting Cricut's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cricut Inc revenue and expense. Cricut Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Cricut's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 551.2 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 95.6 M in 2024.

Tax Provision Selling General Administrative Selling And Marketing Expenses Total Revenue Ebit

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Cricut Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most accounts from Cricut's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cricut Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cricut Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

	2021	2022	2023	2024 (projected)
Gross Profit	457.5M	349.9M	343.3M	318.4M
Total Revenue	1.3B	886.3M	765.1M	869.6M

Gross Profit Total Revenue

Cricut income statement Correlations

	Tax Provision	Net Interest Income	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Income	Non Operating Income Net Other
Tax Provision		0.38	0.57	0.53	0.73	0.95	0.9	0.92	0.99	0.98	0.99	0.74	0.99	0.97	0.69	0.57	0.99	0.19	0.98	1.0	0.24	0.24
Net Interest Income	0.38		0.81	0.84	0.71	0.52	0.63	0.56	0.31	0.31	0.31	0.67	0.39	0.44	0.74	0.81	0.35	0.97	0.31	0.44	0.98	0.93
Depreciation And Amortization	0.57	0.81		0.99	0.95	0.76	0.86	0.8	0.48	0.49	0.48	0.92	0.58	0.68	0.97	1.0	0.53	0.69	0.49	0.62	0.72	0.86
Selling General Administrative	0.53	0.84	0.99		0.93	0.72	0.83	0.77	0.44	0.44	0.44	0.9	0.54	0.64	0.96	0.99	0.49	0.73	0.45	0.6	0.76	0.85
Selling And Marketing Expenses	0.73	0.71	0.95	0.93		0.89	0.95	0.93	0.64	0.64	0.64	1.0	0.72	0.84	1.0	0.95	0.67	0.56	0.64	0.76	0.58	0.73
Total Revenue	0.95	0.52	0.76	0.72	0.89		0.98	1.0	0.91	0.91	0.91	0.9	0.95	0.99	0.87	0.76	0.93	0.33	0.91	0.96	0.38	0.46
Gross Profit	0.9	0.63	0.86	0.83	0.95	0.98		0.99	0.85	0.85	0.85	0.95	0.9	0.96	0.93	0.86	0.87	0.45	0.85	0.93	0.49	0.58
Other Operating Expenses	0.92	0.56	0.8	0.77	0.93	1.0	0.99		0.87	0.87	0.87	0.93	0.91	0.98	0.9	0.8	0.89	0.36	0.87	0.94	0.42	0.51
Operating Income	0.99	0.31	0.48	0.44	0.64	0.91	0.85	0.87		1.0	1.0	0.65	0.99	0.94	0.6	0.49	1.0	0.12	1.0	0.98	0.18	0.18
Net Income From Continuing Ops	0.98	0.31	0.49	0.44	0.64	0.91	0.85	0.87	1.0		1.0	0.64	0.99	0.93	0.6	0.5	1.0	0.12	1.0	0.97	0.19	0.19
Ebit	0.99	0.31	0.48	0.44	0.64	0.91	0.85	0.87	1.0	1.0		0.65	0.99	0.94	0.6	0.49	1.0	0.12	1.0	0.98	0.18	0.18
Research Development	0.74	0.67	0.92	0.9	1.0	0.9	0.95	0.93	0.65	0.64	0.65		0.72	0.86	0.99	0.93	0.68	0.52	0.64	0.77	0.53	0.69
Ebitda	0.99	0.39	0.58	0.54	0.72	0.95	0.9	0.91	0.99	0.99	0.99	0.72		0.96	0.68	0.58	1.0	0.19	0.99	0.99	0.26	0.27
Cost Of Revenue	0.97	0.44	0.68	0.64	0.84	0.99	0.96	0.98	0.94	0.93	0.94	0.86	0.96		0.81	0.69	0.94	0.24	0.93	0.97	0.31	0.38
Total Operating Expenses	0.69	0.74	0.97	0.96	1.0	0.87	0.93	0.9	0.6	0.6	0.6	0.99	0.68	0.81		0.97	0.64	0.6	0.6	0.73	0.62	0.76
Reconciled Depreciation	0.57	0.81	1.0	0.99	0.95	0.76	0.86	0.8	0.49	0.5	0.49	0.93	0.58	0.69	0.97		0.53	0.68	0.5	0.63	0.71	0.86
Income Before Tax	0.99	0.35	0.53	0.49	0.67	0.93	0.87	0.89	1.0	1.0	1.0	0.68	1.0	0.94	0.64	0.53		0.16	1.0	0.99	0.22	0.22
Total Other Income Expense Net	0.19	0.97	0.69	0.73	0.56	0.33	0.45	0.36	0.12	0.12	0.12	0.52	0.19	0.24	0.6	0.68	0.16		0.12	0.26	0.97	0.89
Net Income	0.98	0.31	0.49	0.45	0.64	0.91	0.85	0.87	1.0	1.0	1.0	0.64	0.99	0.93	0.6	0.5	1.0	0.12		0.97	0.19	0.19
Income Tax Expense	1.0	0.44	0.62	0.6	0.76	0.96	0.93	0.94	0.98	0.97	0.98	0.77	0.99	0.97	0.73	0.63	0.99	0.26	0.97		0.31	0.31
Interest Income	0.24	0.98	0.72	0.76	0.58	0.38	0.49	0.42	0.18	0.19	0.18	0.53	0.26	0.31	0.62	0.71	0.22	0.97	0.19	0.31		0.91
Non Operating Income Net Other	0.24	0.93	0.86	0.85	0.73	0.46	0.58	0.51	0.18	0.19	0.18	0.69	0.27	0.38	0.76	0.86	0.22	0.89	0.19	0.31	0.91

Click cells to compare fundamentals

Cricut Account Relationship Matchups

High Positive Relationship

Income Tax Expense	+ 1.0	Tax Provision
Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Research Development	+ 1.0	Selling And Marketing Expenses
Total Operating Expenses	+ 1.0	Selling And Marketing Expenses
Other Operating Expenses	+ 1.0	Total Revenue
Net Income From Continuing Ops	+ 1.0	Operating Income

High Negative Relationship

Not Found

Cricut income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Tax Provision	11.1M	44.6M	51.9M	21.3M	20.7M	29.0M
Net Interest Income	(3.3M)	(1.2M)	(117K)	1.5M	7.7M	8.0M
Depreciation And Amortization	9.2M	14.1M	19.4M	27.0M	29.8M	19.7M
Interest Expense	3.3M	1.2M	298K	(2.0M)	323K	405.2K
Selling General Administrative	22.0M	29.6M	51.3M	62.6M	85.1M	49.3M
Selling And Marketing Expenses	40.1M	63.3M	134.0M	130.4M	123.2M	95.6M
Total Revenue	486.6M	959.0M	1.3B	886.3M	765.1M	869.6M
Gross Profit	142.4M	332.4M	457.5M	349.9M	343.3M	318.4M
Other Operating Expenses	433.0M	758.5M	1.1B	806.3M	695.2M	753.3M
Operating Income	53.6M	200.5M	192.4M	80.0M	70.0M	116.3M
Net Income From Continuing Ops	39.2M	154.6M	140.5M	60.7M	53.2M	87.2M
Ebit	53.6M	200.5M	192.4M	80.0M	70.0M	116.3M
Research Development	26.7M	38.9M	79.8M	76.9M	65.0M	57.1M
Ebitda	62.7M	214.6M	211.8M	106.9M	99.8M	136.0M
Cost Of Revenue	344.2M	626.7M	848.8M	536.4M	421.9M	551.2M
Total Operating Expenses	88.8M	131.9M	265.0M	269.9M	273.3M	202.0M
Reconciled Depreciation	9.2M	14.1M	19.4M	27.0M	29.2M	19.6M
Income Before Tax	50.3M	199.2M	192.4M	82.0M	79.8M	117.3M
Total Other Income Expense Net	(3.3M)	(1.3M)	(32K)	2.0M	9.8M	10.3M
Net Income Applicable To Common Shares	39.2M	154.6M	140.5M	60.7M	69.8M	97.7M
Net Income	39.2M	154.6M	140.5M	60.7M	53.6M	87.3M
Income Tax Expense	11.1M	44.6M	51.9M	21.3M	26.1M	30.0M

Pair Trading with Cricut

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cricut position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cricut will appreciate offsetting losses from the drop in the long position's value.

Moving against Cricut Stock

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The ability to find closely correlated positions to Cricut could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cricut when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cricut - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cricut Inc to buy it.

The correlation of Cricut is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cricut moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cricut Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cricut can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Cricut Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cricut Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cricut Inc Stock. Highlighted below are key reports to facilitate an investment decision about Cricut Inc Stock:

How To Invest In Cricut

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Is Cricut Stock a good investment?

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What is Cricut's Net Worth?

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Note that the Cricut Inc information on this page should be used as a complementary analysis to other Cricut's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Cricut Stock analysis

When running Cricut's price analysis, check to measure Cricut's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cricut is operating at the current time. Most of Cricut's value examination focuses on studying past and present price action to predict the probability of Cricut's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cricut's price. Additionally, you may evaluate how the addition of Cricut to your portfolios can decrease your overall portfolio volatility.

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Is Cricut's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cricut. If investors know Cricut will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cricut listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.25

Earnings Share

0.29

Revenue Per Share

3.464

Quarterly Revenue Growth

(0.08)

Return On Assets

0.0757

The market value of Cricut Inc is measured differently than its book value, which is the value of Cricut that is recorded on the company's balance sheet. Investors also form their own opinion of Cricut's value that differs from its market value or its book value, called intrinsic value, which is Cricut's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cricut's market value can be influenced by many factors that don't directly affect Cricut's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cricut's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cricut is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cricut's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Cricut Historical Income Statement

About Cricut Income Statement Analysis

Cricut Income Statement Chart

Tax Provision

Total Revenue

Cricut income statement Correlations

Cricut Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cricut income statement Accounts

Pair Trading with Cricut

Moving against Cricut Stock

Complementary Tools for Cricut Stock analysis

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