Credo Technology Group Holding Ltd
NASDAQ:CRDO
Income Statement
Earnings Waterfall
Credo Technology Group Holding Ltd
Revenue
|
164.3m
USD
|
Cost of Revenue
|
-66.2m
USD
|
Gross Profit
|
98.1m
USD
|
Operating Expenses
|
-143.6m
USD
|
Operating Income
|
-45.6m
USD
|
Other Expenses
|
11.7m
USD
|
Net Income
|
-33.8m
USD
|
Income Statement
Credo Technology Group Holding Ltd
Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
37
N/A
|
69
+86%
|
107
+54%
|
142
+34%
|
167
+18%
|
190
+13%
|
184
-3%
|
173
-6%
|
165
-4%
|
164
-1%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(16)
|
(29)
|
(43)
|
(56)
|
(69)
|
(78)
|
(78)
|
(74)
|
(68)
|
(66)
|
|
Gross Profit |
21
N/A
|
40
+90%
|
64
+59%
|
86
+35%
|
99
+14%
|
111
+13%
|
106
-5%
|
99
-6%
|
97
-2%
|
98
+1%
|
|
Operating Income | |||||||||||
Operating Expenses |
(36)
|
(56)
|
(83)
|
(97)
|
(107)
|
(117)
|
(125)
|
(135)
|
(140)
|
(144)
|
|
Selling, General & Administrative |
(15)
|
(23)
|
(35)
|
(39)
|
(43)
|
(46)
|
(48)
|
(50)
|
(51)
|
(54)
|
|
Research & Development |
(21)
|
(32)
|
(48)
|
(55)
|
(61)
|
(71)
|
(77)
|
(83)
|
(86)
|
(90)
|
|
Other Operating Expenses |
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
(2)
|
(2)
|
0
|
|
Operating Income |
(15)
N/A
|
(16)
-3%
|
(19)
-21%
|
(11)
+44%
|
(9)
+17%
|
(6)
+35%
|
(19)
-233%
|
(35)
-88%
|
(43)
-20%
|
(46)
-7%
|
|
Pre-Tax Income | |||||||||||
Non-Reccuring Items |
0
|
0
|
(3)
|
0
|
0
|
(6)
|
(2)
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(0)
|
(0)
|
(0)
|
(1)
|
1
|
3
|
6
|
9
|
11
|
|
Pre-Tax Income |
(15)
N/A
|
(16)
-3%
|
(22)
-41%
|
(11)
+51%
|
(10)
+10%
|
(10)
+2%
|
(18)
-84%
|
(30)
-66%
|
(33)
-13%
|
(35)
-4%
|
|
Net Income | |||||||||||
Tax Provision |
(2)
|
(1)
|
0
|
1
|
1
|
4
|
1
|
2
|
2
|
1
|
|
Income from Continuing Operations |
(17)
|
(17)
|
(22)
|
(10)
|
(9)
|
(6)
|
(17)
|
(28)
|
(31)
|
(34)
|
|
Net Income (Common) |
(17)
N/A
|
(17)
-1%
|
(22)
-32%
|
(10)
+56%
|
(9)
+8%
|
(6)
+33%
|
(17)
-176%
|
(28)
-71%
|
(31)
-12%
|
(34)
-8%
|
|
EPS (Diluted) |
-0.12
N/A
|
-0.12
N/A
|
-0.25
-108%
|
-0.07
+72%
|
-0.06
+14%
|
-0.04
+33%
|
-0.11
-175%
|
-0.19
-73%
|
-0.21
-11%
|
-0.2
+5%
|