Credo Technology Group Holding Ltd. | Large-cap | Technology
$93.48
-1.65%
| Credo Technology Stock Comparison:
Credo Technology vs NvidiaCredo Technology vs BroadcomCredo Technology vs Advanced MicroCredo Technology vs Texas InstrumentsCredo Technology vs QualcommCredo Technology vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 193.0M
Gross Profit 119.4M 61.89%
Operating Income -36.3M -18.81%
Net Income -28.4M -14.70%
EPS (Diluted) -$0.18

Balance Sheet Metrics

Total Assets 601.9M
Total Liabilities 61.7M
Shareholders Equity 540.2M
Debt to Equity 0.11

Cash Flow Metrics

Operating Cash Flow 25.7M
Free Cash Flow 17.1M

Revenue & Profitability Trend

Credo Technology Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 193.0M 184.2M 106.5M 58.7M 53.8M
Cost of Goods Sold 73.5M 78.0M 42.5M 20.4M 7.7M
Gross Profit 119.4M 106.2M 64.0M 38.3M 46.1M
Operating Expenses 155.7M 125.0M 82.8M 63.5M 44.0M
Operating Income -36.3M -18.8M -18.8M -25.2M 2.1M
Pre-tax Income -22.7M -17.9M -22.2M -25.3M 2.1M
Income Tax 5.6M -1.4M -37.0K 2.2M 766.0K
Net Income -28.4M -16.5M -22.2M -27.5M 1.3M
EPS (Diluted) -$0.18 -$0.11 -$0.25 -$0.20 $0.00

Income Statement Trend

Credo Technology Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 530.3M 328.2M 332.2M 137.8M 95.8M
Non-Current Assets 71.7M 69.1M 43.5M 17.7M 12.2M
Total Assets 601.9M 397.3M 375.7M 155.5M 108.0M
Liabilities
Current Liabilities 44.6M 31.0M 26.5M 12.5M 18.6M
Non-Current Liabilities 17.1M 18.6M 15.0M 198.4M 98.9M
Total Liabilities 61.7M 49.7M 41.5M 210.9M 117.4M
Equity
Total Shareholders Equity 540.2M 347.6M 334.2M -55.4M -9.4M

Balance Sheet Composition

Credo Technology Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income -28.4M -16.5M -22.2M -27.5M 1.3M
Operating Cash Flow 25.7M -34.9M -50.2M -30.0M -19.8M
Investing Activities
Capital Expenditures -15.7M -21.7M -17.6M -6.1M -8.8M
Investing Cash Flow -249.5M -130.9M -17.6M -6.1M -8.8M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow 168.2M -616.0K 201.4M 76.4M 60.5M
Free Cash Flow 17.1M -46.3M -48.4M -48.4M -19.1M

Cash Flow Trend

Credo Technology Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 291.62
Forward P/E 109.83
Price to Book 21.14
Price to Sales 32.88
PEG Ratio 109.83

Profitability Ratios

Profit Margin 11.95%
Operating Margin 20.39%
Return on Equity 8.54%
Return on Assets 3.37%

Financial Health

Current Ratio 6.62
Debt to Equity 1.86
Beta 2.43

Per Share Data

EPS (TTM) $0.29
Book Value per Share $4.00
Revenue per Share $2.61

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
crdo 14.4B 291.62 21.14 8.54% 11.95% 1.86
Nvidia 3.5T 46.25 41.84 115.46% 51.69% 12.27
Broadcom 1.2T 92.28 4.29 18.98% 22.64% 166.03
Advanced Micro 207.9B 93.61 3.58 3.90% 8.02% 8.17
Texas Instruments 185.5B 38.60 11.31 29.19% 30.36% 78.31
Qualcomm 168.1B 15.61 6.08 42.21% 26.11% 52.74

Financial data is updated regularly. All figures are in the company's reporting currency.