Cricut Past Earnings Performance
Past criteria checks 2/6
Cricut's earnings have been declining at an average annual rate of -11%, while the Consumer Durables industry saw earnings growing at 24.1% annually. Revenues have been growing at an average rate of 6.4% per year. Cricut's return on equity is 10%, and it has net margins of 7%.
Key information
-11.0%
Earnings growth rate
-11.7%
EPS growth rate
| Consumer Durables Industry Growth | 24.5% |
| Revenue growth rate | 6.4% |
| Return on equity | 10.0% |
| Net Margin | 7.0% |
| Next Earnings Update | 07 May 2024 |
Recent past performance updates
Recent updates
Cricut: Expect Poor FY2024 Performance To Drag Down Valuation
Mar 22Cricut (NASDAQ:CRCT) May Have Issues Allocating Its Capital
Feb 14
Cricut, Inc.'s (NASDAQ:CRCT) Shareholders Might Be Looking For Exit
Dec 30Cricut (NASDAQ:CRCT) May Have Issues Allocating Its Capital
Sep 16Cricut (NASDAQ:CRCT) Is Reinvesting At Lower Rates Of Return
May 24Is Cricut, Inc. (NASDAQ:CRCT) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 09Here's What's Concerning About Cricut's (NASDAQ:CRCT) Returns On Capital
Jan 31Returns On Capital Signal Tricky Times Ahead For Cricut (NASDAQ:CRCT)
Oct 18Cricut: Facing Strong Macro Headwinds
Sep 16Returns On Capital Signal Tricky Times Ahead For Cricut (NASDAQ:CRCT)
Jul 07Cricut Grows International As It Faces Inflation Pressures
May 095 Stocks To Avoid Right Now
Apr 20Checking Into Cricut, Inc.
Apr 11Returns On Capital At Cricut (NASDAQ:CRCT) Paint A Concerning Picture
Mar 28Cricut: Shares Look Attractive If Growth Continues
Jan 26Cricut, Inc.'s (NASDAQ:CRCT) Popularity With Investors Is Clear
Nov 12Cricut: Rapid Growth At A Premium Price
Oct 26Cricut Inc. Resetting Expectations Following The Q2 Results
Aug 14Cricut: This Profitable, High-Growth, Fairly Valued Company Is Bound To Make It Big
Jun 02Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 765 | 54 | 198 | 65 |
| 30 Sep 23 | 815 | 53 | 195 | 68 |
| 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: CRCT has high quality earnings.
Growing Profit Margin: CRCT's current net profit margins (7%) are higher than last year (6.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRCT's earnings have declined by 11% per year over the past 5 years.
Accelerating Growth: CRCT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRCT had negative earnings growth (-11.6%) over the past year, making it difficult to compare to the Consumer Durables industry average (-10.7%).
Return on Equity
High ROE: CRCT's Return on Equity (10%) is considered low.