Cricut Inc. (CRCT) Misses Q4 EPS by 1c

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Cricut, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

March 7, 2023 4:06 PM EST

Delivered 6th consecutive year of profitability with net income of $60.7 million, or 6.8% margin

Generated $117.7 million in Cash from Operations in 2022

Total users grew to nearly 7.9 million, up 23% over FY 2021

Paid subscribers increased to 2.6 million, up 28% over FY 2021

Delivered FY 2022 revenue of $886.3 million, 32% decline compared to a strong FY 2021

74% of total users cut on... More