| Market Capitalization (Millions $) |
1,152 |
| Shares
Outstanding (Millions) |
211 |
| Employees |
700 |
| Revenues (TTM) (Millions $) |
689 |
| Net Income (TTM) (Millions $) |
88 |
| Cash Flow (TTM) (Millions $) |
-16 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Cricut Inc is a company that specializes in the production of cutting machines and software, which allow users to create intricate designs and patterns on a variety of materials ranging from paper, vinyl, and fabrics to wood, leather, and metal. The company was founded in 1969, originally as Provo Craft, and has its headquarters in South Jordan, Utah.
Cricut Inc has developed a reputation for producing cutting-edge and user-friendly technology, which has made its products popular with crafters, designers, and other creative professionals. The company also offers a range of accessories, tools, and materials that are compatible with its machines, allowing users to expand their creative possibilities.
At the heart of Cricut Inc's product range are its cutting machines, which come in a variety of sizes and specifications to suit different needs and budgets. These machines use proprietary software and tools to cut intricate shapes and patterns accurately and efficiently, making them a must-have tool for anyone who wants to create unique and professional-looking designs.
One of the standout products from Cricut Inc is the Cricut Explore Air 2, a wireless cutting machine that can work with over 100 different materials, including cardstock, vinyl, iron-on, and even thicker materials like leather and balsa wood. The machine comes equipped with an intuitive touch-screen interface, making it easy for users to create and customize designs on-the-go.
In addition to its cutting machines, Cricut Inc has also developed a range of software programs that are designed to work harmoniously with its hardware products. The company's Design Space software is a cloud-based program that allows users to create and edit designs on multiple devices, making it easy to collaborate with others and work from anywhere.
Cricut Inc's products are used by a wide range of customers, from home-based crafters to professional designers and businesses. The company has also entered into partnerships with major retailers, including Michaels, Walmart, and Joann Fabrics, to make its products more widely available to consumers.
Overall, Cricut Inc is a leading innovator in the cutting machine and software industry, offering user-friendly technology that empowers users to bring their creative visions to life.
Company Address: 10855 South River Front Parkway South Jordan 84095 UT
Company Phone Number: 351-0633 Stock Exchange / Ticker: NASDAQ CRCT
|
3.08% 
108.63 %