Cricut Past Earnings Performance
Past criteria checks 1/6
Cricut's earnings have been declining at an average annual rate of -5.5%, while the Consumer Durables industry saw earnings declining at 13.8% annually. Revenues have been declining at an average rate of 5.8% per year. Cricut's return on equity is 10%, and it has net margins of 5.9%.
Key information
-5.5%
Earnings growth rate
-6.1%
EPS growth rate
| Consumer Durables Industry Growth | -22.9% |
| Revenue growth rate | -5.8% |
| Return on equity | 10.0% |
| Net Margin | 5.9% |
| Next Earnings Update | 07 Nov 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Cricut makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 817 | 48 | 198 | 70 |
| 31 Mar 23 | 823 | 46 | 190 | 73 |
| 31 Dec 22 | 886 | 61 | 190 | 77 |
| 30 Sep 22 | 993 | 62 | 194 | 82 |
| 30 Jun 22 | 1,076 | 79 | 192 | 84 |
| 31 Mar 22 | 1,227 | 115 | 192 | 85 |
| 31 Dec 21 | 1,306 | 140 | 185 | 80 |
| 30 Sep 21 | 1,289 | 190 | 163 | 68 |
| 30 Jun 21 | 1,238 | 205 | 141 | 57 |
| 31 Mar 21 | 1,139 | 191 | 115 | 45 |
| 31 Dec 20 | 959 | 155 | 93 | 39 |
| 30 Sep 20 | 762 | 101 | 80 | 35 |
| 31 Dec 19 | 487 | 39 | 61 | 27 |
| 31 Dec 18 | 340 | 49 | 48 | 24 |
Quality Earnings: 398 has high quality earnings.
Growing Profit Margin: 398's current net profit margins (5.9%) are lower than last year (7.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 398's earnings have declined by 5.5% per year over the past 5 years.
Accelerating Growth: 398's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 398 had negative earnings growth (-38.9%) over the past year, making it difficult to compare to the Consumer Durables industry average (-3.4%).
Return on Equity
High ROE: 398's Return on Equity (10%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/01 08:09 |
| End of Day Share Price | 2023/08/04 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cricut, Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Adrienne Yih-Tennant | Barclays |
| James Suva | Citigroup Inc |
| Asiya Merchant | Citigroup Inc |