Cricut Past Earnings Performance
Past criteria checks 4/6
Cricut's earnings have been declining at an average annual rate of -22.2%, while the Consumer Durables industry saw earnings growing at 19% annually. Revenues have been declining at an average rate of 4.8% per year. Cricut's return on equity is 13.1%, and it has net margins of 8.5%.
Key information
-22.2%
Earnings growth rate
-23.1%
EPS growth rate
Consumer Durables Industry Growth | 24.5% |
Revenue growth rate | -4.8% |
Return on equity | 13.1% |
Net Margin | 8.5% |
Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We Think Cricut's (NASDAQ:CRCT) Healthy Earnings Might Be Conservative
Nov 14Cricut Inc.: There Are Still Visible Operational Headwinds
Nov 08Some Confidence Is Lacking In Cricut, Inc.'s (NASDAQ:CRCT) P/E
Oct 08Cricut: Near-Term Outlook Continues To See Pressure From Poor Macro Backdrop
Sep 11Is Cricut, Inc. (NASDAQ:CRCT) Trading At A 45% Discount?
Aug 09Cricut: I Still Have Doubts, But The Turnaround Is Beginning To Visualize
Aug 07Here's What's Concerning About Cricut's (NASDAQ:CRCT) Returns On Capital
Jun 06Cricut: Don't See Any Catalyst For Demand To Recover
Jun 04Cricut: Expect Poor FY2024 Performance To Drag Down Valuation
Mar 22Cricut (NASDAQ:CRCT) May Have Issues Allocating Its Capital
Feb 14Cricut, 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 28Revenue & 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 Sep 24 | 734 | 62 | 207 | 59 |
30 Jun 24 | 741 | 68 | 198 | 60 |
31 Mar 24 | 751 | 64 | 201 | 62 |
31 Dec 23 | 765 | 54 | 198 | 64 |
30 Sep 23 | 815 | 53 | 194 | 67 |
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 (8.5%) are higher than last year (6.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRCT's earnings have declined by 22.2% per year over the past 5 years.
Accelerating Growth: CRCT's earnings growth over the past year (16.8%) exceeds its 5-year average (-22.2% per year).
Earnings vs Industry: CRCT earnings growth over the past year (16.8%) exceeded the Consumer Durables industry 1.1%.
Return on Equity
High ROE: CRCT's Return on Equity (13.1%) is considered low.