Cricut, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results

Delivered 8th consecutive year of profitability with net income of $62.8 million, or 8.8% margin
Net Income increased 17% or $9.2 million, compared to 2023
Generated $265.0 million in Cash from Operations in 2024
Paid subscribers increased to 2.96 million, up 7% over FY 2023
FY 2024 revenue of $712.5 million, a 7% decline compared to FY 2023