DBA Cricut(Provo Craft)
Leader in diy crafting technology its popular electronic cutting systems.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 97 % | 36 % | (32 %) | (14 %) | (7 %) | (3 %) | 1 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 22 % | 16 % | 12 % | 14 % | 17 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 16 % | 11 % | 7 % | 7 % | 9 % | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 4 % | 6 % | 9 % | 9 % | 8 % | - | - |
Source: Company filings or news article, Equity research estimates
Cricut is a technology company that has developed a creativity platform that enables users to create personalized crafts. The company's platform consists of a line of smart cutting machines, a cloud-based software, Cricut Design Space, and a variety of materials and accessories.
The company's business model is based on a combination of hardware sales, subscription services (Cricut Access), and sales of consumables (materials and accessories). Cricut's products are used by a wide range of customers, from hobbyists to small business owners, who use the platform to create everything from custom cards and t-shirts to home decor and personalized gifts. The company operates in the growing market for personalized goods and the creative technology industry.
Keywords: smart cutting machines, design software, crafting, personalization, creative platform, consumables, subscription service, DIY, custom-made products, hobbyist tools