Company Cricut, Inc.

Equities

CRCT

US22658D1000

Integrated Hardware & Software

Market Closed - Nasdaq 04:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
5.31 USD +0.38% Intraday chart for Cricut, Inc. +6.41% -19.42%

Business Summary

Cricut, Inc. is a creative technology company. The Company designs and builds its ecosystem of connected cutting machines, accessories, and materials for scalability and integration. Its segments include Connected Machines, Subscriptions and Accessories and Materials. The Connected Machines segment is engaged in the sale of its connected machine hardware and related essential software. The Accessories and Materials segment consists of craft, do it yourself (DIY), home decor products and heat presses. The Company's products include a flagship line of smart cutting machines - the Cricut Maker series, the Cricut Explore series, and Cricut Joy series, and Cricit Venture series - accompanied by other tools like Cricut EasyPress, the Infusible Ink system, and a diverse collection of materials. The Cricut platform centers around its cloud-based app, Cricut Design Space, giving users access to create and work on their projects anywhere, at any time, across desktop and mobile devices.

Number of employees: 690

Sales per Business

USD in Million2022Weight2023Weight Delta
Subscriptions
39.7 %
272 30.7 % 304 39.7 % +11.62%
Accessories and Materials
34.4 %
361 40.8 % 263 34.4 % -27.27%
Connected Machines
25.9 %
253 28.5 % 198 25.9 % -21.48%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
75.7 %
707 79.7 % 579 75.7 % -18.02%
International
20.3 %
142 16.1 % 155 20.3 % +9.05%
North America
4.0 %
37 4.2 % 30 4.0 % -18.02%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 12-01-31
Director of Finance/CFO 60 18-12-31
Chief Operating Officer - -
Chief Tech/Sci/R&D Officer - -
Public Communications Contact - -
Sales & Marketing - -
Sales & Marketing - 21-10-03
Comptroller/Controller/Auditor - -
Corporate Officer/Principal - -
Sales & Marketing - 10-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 17-12-31
Director/Board Member 60 21-02-28
Director/Board Member 69 21-02-28
Director/Board Member 59 21-02-28
Director/Board Member 71 21-02-28
Chief Executive Officer 56 12-01-31
Chairman 50 21-02-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 5 166,259,962 0 0 21.03 %
Stock B 1 50,588,516 45,599,782 ( 90.14 %) 0

Shareholders

NameEquities%Valuation
Abdiel Capital Advisors LP
18.57 %
9,386,303 18.57 % 45 M $
Vanguard Fiduciary Trust Co.
6.527 %
3,298,710 6.527 % 16 M $
BlackRock Advisors LLC
6.317 %
3,192,266 6.317 % 15 M $
Morgan Stanley Investment Management, Inc.
4.207 %
2,125,967 4.207 % 10 M $
1,508,047 2.984 % 7 M $
1,158,446 2.292 % 6 M $
Geode Capital Management LLC
1.996 %
1,008,613 1.996 % 5 M $
968,494 1.916 % 5 M $
Millennium Management LLC
1.745 %
881,968 1.745 % 4 M $
563,492 1.115 % 3 M $
NameEquities%Valuation
Petrus Capital Management LLC
58.67 %
120,882,351 58.67 % 575 M $
28,199,824 13.69 % 134 M $
2,930,714 1.422 % 14 M $
921,538 0.4472 % 4 M $
93,270 0.0453 % 443 965 $
53,440 0.0259 % 254 374 $
30,765 0.0149 % 146 441 $

Company contact information

Cricut, Inc.

10855 South River Front Parkway Suite 600

84095, South Jordan

+385 351 0633

http://www.cricut.com
address Cricut, Inc.(CRCT)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
4
Last Close Price
5.31 USD
Average target price
5.012 USD
Spread / Average Target
-5.60%
Consensus

Quarterly revenue - Rate of surprise