secwatch.observer — SEC 8-K summary
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Issuer:     Cricut, Inc. (CRCT)
CIK:        0001828962
Form:       8-K
Filed at:   2022-03-08T23:59:59+00:00
Accession:  0001828962-22-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cricut Q4 revenue $387.8M (+5% YoY), net income down 81% to $11.9M; FY revenue $1.3B (+36%)
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- Q4 revenue $387.8M (+5% YoY); net income $11.9M (-81%); diluted EPS $0.05.
- Full year revenue $1.3B (+36%); net income $140.5M (-9%); diluted EPS $0.64.
- Connected machine revenue $158.1M (-7%); subscriptions $55.7M (+51%); accessories $174.0M (+7%).
- Total users 6.4M (+48%); paid subscribers 2.0M (+56%); engaged users 3.8M (+36%).
- International revenue 11% of total (+110% YoY); entered 16 new markets in 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828962/000182896222000015/0001828962-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828962/000182896222000015/crct-20220308.htm
  HTML page:      https://secwatch.observer/filing/0001828962-22-000015

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