Cricut Historical Income Statement

CRCT Stock  USD 5.19  0.03  0.58%   
Historical analysis of Cricut income statement accounts such as Net Interest Income of 8 M, Depreciation And Amortization of 20.4 M or Interest Expense of 306.9 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.
 
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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.
  
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 closely tied 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

At this time, Cricut's Cost Of Revenue is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 117.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 49.3 M in 2024.

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.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Cricut's Cost Of Revenue is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 117.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 49.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit457.5M349.9M343.3M318.4M
Total Revenue1.3B886.3M765.1M869.6M

Cricut income statement Correlations

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Cricut Account Relationship Matchups

Cricut income statement Accounts

201920202021202220232024 (projected)
Tax Provision11.1M44.6M51.9M21.3M20.7M29.0M
Net Interest Income(3.3M)(1.2M)(117K)1.5M7.7M8.0M
Depreciation And Amortization9.2M14.0M23.3M27.0M30.0M20.4M
Interest Expense3.3M1.2M298K289K323K306.9K
Selling General Administrative22.0M29.6M51.3M62.6M85.1M49.3M
Selling And Marketing Expenses40.1M63.3M134.0M130.4M123.2M95.6M
Total Revenue486.6M959.0M1.3B886.3M765.1M869.6M
Gross Profit142.4M332.4M457.5M349.9M343.3M318.4M
Other Operating Expenses433.0M758.5M1.1B806.3M695.2M753.3M
Operating Income53.6M200.5M192.4M80.0M70.0M116.3M
Net Income From Continuing Ops39.2M154.6M140.5M60.7M53.2M87.2M
Ebit53.6M200.6M192.4M82.9M79.9M118.7M
Research Development26.7M38.9M79.8M76.9M65.0M57.1M
Ebitda62.7M214.6M215.7M109.8M109.9M139.1M
Cost Of Revenue344.2M626.7M848.8M536.4M421.9M551.2M
Total Operating Expenses88.8M131.9M265.0M269.9M273.3M202.0M
Reconciled Depreciation9.2M14.1M19.4M27.0M29.2M19.6M
Income Before Tax50.3M199.2M192.4M82.0M79.8M117.3M
Total Other Income Expense Net(3.3M)(1.3M)(32K)2.0M9.8M10.3M
Net Income Applicable To Common Shares39.2M154.6M140.5M60.7M69.8M97.7M
Net Income39.2M154.6M140.5M60.7M53.6M87.3M
Income Tax Expense11.1M44.6M51.9M21.3M26.1M30.0M

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