secwatch.observer — SEC 8-K summary
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Issuer:     Cricut, Inc. (CRCT)
CIK:        0001828962
Form:       8-K
Filed at:   2021-08-12T23:59:59+00:00
Accession:  0001828962-21-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cricut Q2 revenue $334.5M (+42% YoY); lock-up on 25% of insider shares ends Aug 18
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- Revenue $334.5M (+42% YoY); connected machine revenue $146.3M (+29%), subscriptions $50.7M (+111%).
- Net income $49.1M (14.7% margin); diluted EPS $0.22; EBITDA $68.5M (20.5% margin).
- Total users 5.4M; paid subscribers 1.8M (+77% YoY); international revenue grew 179.5% to 8.5% of total.
- Lock-up on 25% of insider shares expires at open on Aug 18, 2021; early release conditions met June 22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828962/000182896221000023/0001828962-21-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828962/000182896221000023/crct-20210812.htm
  HTML page:      https://secwatch.observer/filing/0001828962-21-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer