Credo Technology Group Holding Ltd (CRDO)

Technology | Communication Equipment
Income Statement (Quarterly) 2025-08-02 2025-02-01 2024-11-02 2024-08-03
Revenue 223,074,000 135,002,000 72,034,000 59,714,000
Cost of Revenue 72,706,000 49,076,000 26,522,000 22,431,000
Gross Profit 150,368,000 85,926,000 45,512,000 37,283,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 37,178,000 23,471,000 22,177,000 21,325,000
Operating Expenses 89,626,000 59,732,000 53,919,000 51,734,000
Operating Income 60,742,000 26,194,000 -8,407,000 -14,451,000
Interest Expense 0 0 0 0
Income Before Tax 64,688,000 30,112,000 -3,933,000 -8,918,000
Income Tax Expense 1,289,000 752,000 292,000 622,000
Net Income 63,399,000 29,360,000 -4,225,000 -9,540,000
Per Share
EPS 0.37 0.17 -0.03 -0.06
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-05-03 2024-04-30 2024-04-27 2023-04-30 2023-04-29
Revenue 436,775,000 192,970,000 192,970,000 184,194,000 184,194,000
Cost of Revenue 153,866,000 73,539,000 73,539,000 78,000,000 78,000,000
Gross Profit 282,909,000 119,431,000 119,431,000 106,194,000 106,194,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 98,918,000 60,193,000 60,193,000 48,248,000 48,248,000
Operating Expenses 245,785,000 155,724,000 156,489,000 125,022,000 125,022,000
Operating Income 37,124,000 -36,293,000 -37,058,000 -21,235,000 -21,235,000
Interest Expense 0 0 0 -3,321,000 0
Income Before Tax 54,870,000 -22,745,000 -22,745,000 -17,914,000 -17,914,000
Income Tax Expense 2,687,000 5,624,000 5,624,000 -1,367,000 -1,367,000
Net Income 52,183,000 -28,369,000 -28,369,000 -16,547,000 -16,547,000
Per Share
EPS 0.31 -0.18 -0.18 -0.11 -0.11
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-05-03 2025-04-30 2024-04-30 2024-04-27
Assets
Cash and Cash Equivalents 236,328,000 236,328,000 66,941,999 66,942,000
Short Term Investments 195,010,000 195,010,000 343,061,000 343,061,000
Net Receivables 162,144,000 162,144,000 81,224,000 81,224,000
Inventory 90,029,000 90,029,000 25,907,000 25,907,000
Total Current Assets 713,534,000 713,534,000 530,265,000 530,265,000
Property Plant Equipment 78,865,000 78,865,000 56,742,000 56,742,000
Goodwill and Intangibles 0 0 0 0
Total Assets 809,257,000 809,257,000 601,932,000 601,932,000
Liabilities
Account Payables 56,158,000 56,158,000 13,417,000 13,417,000
Short Term Debt 3,342,000 0 0 2,741,000
Total Current Liabilities 107,711,000 107,711,000 44,620,000 44,620,000
Long Term Debt 12,693,000 12,693,000 0 11,133,000
Total Liabilities 127,675,000 127,675,000 61,734,000 61,734,000
Shareholders Equity
Retained Earnings -83,162,000 -83,162,000 -135,345,000 -135,345,000
Total Shareholders Equity 681,582,000 681,582,000 540,198,000 540,198,000
Balance Sheet (Annual) 2025-05-03 2025-04-30 2024-04-30 2024-04-27 2023-04-30
Assets
Cash and Cash Equivalents 236,328,000 236,328,000 66,941,999 66,942,000 108,583,000
Short Term Investments 195,010,000 195,010,000 343,061,000 343,061,000 109,228,000
Net Receivables 162,144,000 162,144,000 81,224,000 81,224,000 58,986,000
Inventory 90,029,000 90,029,000 25,907,000 25,907,000 46,023,000
Total Current Assets 713,534,000 713,534,000 530,265,000 530,265,000 328,232,000
Property Plant Equipment 78,865,000 78,865,000 56,742,000 56,742,000 55,082,000
Goodwill and Intangibles 0 0 0 0 0
Total Assets 809,257,000 809,257,000 601,932,000 601,932,000 397,289,000
Liabilities
Account Payables 56,158,000 56,158,000 13,417,000 13,417,000 6,067,000
Short Term Debt 3,342,000 0 0 2,741,000 0
Total Current Liabilities 107,711,000 107,711,000 44,620,000 44,620,000 31,032,000
Long Term Debt 12,693,000 12,693,000 0 11,133,000 12,869,000
Total Liabilities 127,675,000 127,675,000 61,734,000 61,734,000 49,654,000
Shareholders Equity
Retained Earnings -83,162,000 -83,162,000 -135,345,000 -135,345,000 -106,976,000
Total Shareholders Equity 681,582,000 681,582,000 540,198,000 540,198,000 347,635,000
Cash Flow Statement (Quarterly) 2025-05-03 2024-04-27 2023-04-29 2022-04-30
Operating Activities
Net Income 52,183,000 -28,369,000 -16,547,000 -22,176,000
Depreciation & Amortization 21,938,000 13,771,000 9,514,000 4,793,000
Stock Based Compensation 77,355,000 39,022,000 23,516,000 9,188,000
Change in Working Capital -108,404,000 -731,000 -50,418,000 -29,608,000
Operating Cash Flow 65,083,000 32,737,000 -24,615,000 -30,832,000
Investing Activities
Capital Expenditure -36,061,000 -15,652,000 -21,713,000 -17,580,000
Investments -36,061,000 -15,652,000 -21,713,000 -17,580,000
Investing Cash Flow 111,990,000 -249,485,000 -130,941,000 -17,580,000
Financing Activities
Debt Repayment 0 0 0 0
Common Stock Issued/Repurchased 0 173,431,000 5,501,000 194,205,000
Dividends Paid 0 0 0 0
Financing Cash Flow -7,728,000 175,276,000 4,885,000 204,181,000
Summary
Free Cash Flow 29,022,000 17,085,000 -46,328,000 -48,412,000
Net Change in Cash 169,386,000 -41,641,000 -150,739,000 155,565,000
Cash Flow Statement (Annual) 2025-05-03 2024-04-27 2023-04-29 2022-04-30 2021-04-30
Operating Activities
Net Income 52,183,000 -28,369,000 -16,547,000 -22,176,000 -27,511,000
Depreciation & Amortization 21,938,000 13,771,000 9,514,000 4,793,000 2,218,000
Stock Based Compensation 77,355,000 39,022,000 23,516,000 9,188,000 2,570,000
Change in Working Capital -108,404,000 -731,000 -50,418,000 -29,608,000 -19,638,000
Operating Cash Flow 65,083,000 32,737,000 -24,615,000 -30,832,000 -42,361,000
Investing Activities
Capital Expenditure -36,061,000 -15,652,000 -21,713,000 -17,580,000 -6,056,000
Investments -36,061,000 -15,652,000 -21,713,000 -17,580,000 -6,056,000
Investing Cash Flow 111,990,000 -249,485,000 -130,941,000 -17,580,000 -6,056,000
Financing Activities
Debt Repayment 0 0 0 0 0
Common Stock Issued/Repurchased 0 173,431,000 5,501,000 194,205,000 -22,908,000
Dividends Paid 0 0 0 0 0
Financing Cash Flow -7,728,000 175,276,000 4,885,000 204,181,000 77,888,000
Summary
Free Cash Flow 29,022,000 17,085,000 -46,328,000 -48,412,000 -48,417,000
Net Change in Cash 169,386,000 -41,641,000 -150,739,000 155,565,000 29,849,000