Cricut, Inc., distributes scrap book, craft and home decor items. The company is headquartered in South Jordan, Utah and currently employs 640 full-time employees. The company went IPO on 2021-03-25. The firm has designed and built an ecosystem of connected cutting machines, accessories, and materials for scalability and seamless integration, allowing it to introduce new products as well as continuously update the existing physical and digital products. Its segments include Platform and Products. Its Circuit platform centers around its cloud-based application, Cricut Design Space, giving users access to create and work on their projects anywhere, at any time, across desktop and mobile devices. Cricut hardware and design software work together as a connected platform for consumers to perform do-it-yourself (DIY) projects quickly and easily. These products include a flagship line of smart cutting machines such as the Cricut Maker series, the Cricut Explore series, and Cricut Joy series, and Cricut Venture series, accompanied by other tools like Cricut EasyPress, the Infusible Ink system, and a diverse collection of materials.
Follow-Up Questions
What is Cricut Inc (CRCT)'s P/E Ratio?
The P/E ratio of Cricut Inc is 22.3524
Who is the CEO of Cricut Inc?
Mr. Ashish Arora is the Chief Executive Officer of Cricut Inc, joining the firm since 2021.
What is the price performance of CRCT stock?
The current price of CRCT is $6.79, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Cricut Inc?
Cricut Inc belongs to Consumer products industry and the sector is Consumer Discretionary
What is Cricut Inc market cap?
Cricut Inc's current market cap is $1.4B
Is Cricut Inc a buy, sell, or hold?
According to wall street analysts, 6 analysts have made analyst ratings for Cricut Inc, including 0 strong buy, 0 buy, 3 hold, 3 sell, and 0 strong sell