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Credo Technology Group Holding Ltd

Technology US CRDO

18.17USD
0.39(2.19%)

Last update at 2024-04-25T20:00:00Z

Day Range

17.4218.19
LowHigh

52 Week Range

7.2020.00
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-04-30 2022-04-30 2021-04-30 2020-04-30
Type yearly yearly yearly yearly
Date 2023-04-30 2022-04-30 2021-04-30 2020-04-30
Income before tax -17.91400M -22.21300M -25.29600M 2.10M
Minority interest - 0.00000M 0.00000M -1.32900M
Net income -16.54700M -22.17600M -27.51100M 1.33M
Selling general administrative 48.25M 34.90M 11.15M 6.84M
Selling and marketing expenses - - 17.52M 9.63M
Gross profit 106.19M 64.02M 38.28M 46.11M
Reconciled depreciation 9.51M 4.79M 2.22M 1.81M
Ebit -21.23500M -18.83400M -25.23400M 2.07M
Ebitda -16.42100M -10.90700M -23.01600M 3.88M
Depreciation and amortization 4.81M 7.93M 2.22M 1.81M
Non operating income net other 3.32M -0.24500M - -
Operating income -21.23500M -18.83400M -25.23400M 2.07M
Other operating expenses 203.02M 125.31M 83.93M 51.76M
Interest expense 3.32M 6.51M 0.06M 0.00000M
Tax provision -1.36700M -0.03700M 2.21M 0.77M
Interest income - - - -
Net interest income - - - -
Extraordinary items - - - -
Non recurring 2.41M 3.13M - -
Other items - - - -
Income tax expense -1.36700M -0.03700M 2.21M 0.77M
Total revenue 184.19M 106.48M 58.70M 53.84M
Total operating expenses 125.02M 82.85M 63.51M 44.03M
Cost of revenue 78.00M 42.46M 20.42M 7.73M
Total other income expense net 3.32M -3.37900M -0.06200M 0.02M
Discontinued operations - - - -
Net income from continuing ops -16.54700M -22.17600M -27.51100M 1.33M
Net income applicable to common shares -16.54700M -22.17600M -27.51100M -27.51100M
Preferred stock and other adjustments - - - -
Breakdown 2023-04-30 2022-04-30 2021-04-30 2020-04-30
Type yearly yearly yearly yearly
Date 2023-04-30 2022-04-30 2021-04-30 2020-04-30
Total assets 397.29M 375.69M 155.49M 108.04M
Intangible assets - - - -
Earning assets - - - -
Other current assets 5.41M 1.26M 1.14M 0.25M
Total liab 49.65M 41.53M 210.92M 117.45M
Total stockholder equity 347.63M 334.16M -55.43100M -9.40800M
Deferred long term liab - - - -
Other current liab 18.30M 14.40M 4.83M 8.90M
Common stock 0.00700M 0.00700M 0.00300M 0.00400M
Capital stock 0.00700M 0.00700M 0.00300M 0.00400M
Retained earnings -106.97600M -90.42900M -68.25300M -18.76700M
Other liab - 0.22M 198.39M 98.87M
Good will - - - -
Other assets - 4.71M 3.46M 1.51M
Cash 108.58M 259.32M 103.76M 73.91M
Cash and equivalents - - - -
Total current liabilities 31.03M 26.50M 12.53M 18.57M
Current deferred revenue 4.04M 1.23M 4.12M 4.55M
Net debt -95.71400M -242.13400M -103.75700M -73.90800M
Short term debt 2.63M 2.38M - 2.68M
Short long term debt - - - -
Short long term debt total 12.87M 17.19M - -
Other stockholder equity 454.80M 424.56M 12.59M 9.51M
Property plant equipment 40.22M 38.80M 14.23M 10.69M
Total current assets 328.23M 332.18M 137.80M 95.84M
Long term investments - - - -
Net tangible assets 347.63M 334.16M -55.43100M -9.40800M
Short term investments 109.23M - - -
Net receivables 58.99M 39.59M 18.21M 18.04M
Long term debt - - - -
Inventory 46.02M 27.34M 7.10M 2.28M
Accounts payable 6.07M 8.49M 3.59M 2.45M
Total permanent equity - - - -
Noncontrolling interest in consolidated entity - - - -
Temporary equity redeemable noncontrolling interests - - - -
Accumulated other comprehensive income -0.19100M 0.02M 0.23M -0.15100M
Additional paid in capital - - - -
Common stock total equity 0.00700M 0.00700M - -
Preferred stock total equity - - - -
Retained earnings total equity -106.97600M -90.42900M - -
Treasury stock - - - -
Accumulated amortization - - - -
Non currrent assets other 13.97M 4.71M 3.43M 0.53M
Deferred long term asset charges - - - -
Non current assets total 69.06M 43.51M 17.69M 12.20M
Capital lease obligations 12.87M 17.19M - -
Long term debt total - - - -
Breakdown 2023-04-30 2022-04-30 2021-04-30 2020-04-30
Type yearly yearly yearly yearly
Date 2023-04-30 2022-04-30 2021-04-30 2020-04-30
Investments -109.22800M -17.58000M -6.05600M -8.83200M
Change to liabilities -3.84300M 4.75M 1.43M -15.19100M
Total cashflows from investing activities -130.94100M -17.58000M -6.05600M -8.83200M
Net borrowings - - - -
Total cash from financing activities 4.88M 204.18M 77.89M 61.21M
Change to operating activities - 10.76M -16.91600M 9.64M
Net income -16.54700M -22.17600M -27.51100M 1.33M
Change in cash -150.73900M 155.56M 29.85M 42.15M
Begin period cash flow 259.32M 103.76M 73.91M 31.76M
End period cash flow 108.58M 259.32M 103.76M 73.91M
Total cash from operating activities -24.61500M -30.83200M -42.36100M -10.25300M
Issuance of capital stock 0.00000M 201.45M 99.35M 60.48M
Depreciation 9.51M 4.79M 2.22M 1.81M
Other cashflows from investing activities - - - -
Dividends paid - - - -
Change to inventory -24.37900M -21.67700M -4.82900M 1.30M
Change to account receivables -20.01700M -15.87900M 0.68M -10.54800M
Sale purchase of stock 5.50M 204.18M -22.90800M 0.00000M
Other cashflows from financing activities 4.88M 9.98M 100.80M -8.83200M
Change to netincome 31.62M 15.52M 2.57M 1.25M
Capital expenditures 21.71M 17.58M 6.06M 8.83M
Change receivables -20.01700M -15.87900M - -
Cash flows other operating -0.95900M 3.84M - -
Exchange rate changes - - - -
Cash and cash equivalents changes -150.67100M 155.77M - -
Change in working capital -50.41800M -29.60800M -19.63800M -14.79500M
Stock based compensation 23.52M 9.19M 2.57M 1.25M
Other non cash items -8.84700M 6.97M -67.63700M 0.15M
Free cash flow -46.32800M -48.41200M -48.41700M -19.08500M

Fundamentals

  • Previous Close 17.78
  • Market Cap3194.56M
  • Volume2119250
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-28.23500M
  • Revenue TTM165.49M
  • Revenue Per Share TTM1.11
  • Gross Profit TTM 65.77M
  • Diluted EPS TTM-0.21

Peer Comparison

Sector: Technology Industry: Communication Equipment

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CRDO
Credo Technology Group Holding Ltd
0.39 2.19% 18.17 - 294.12 18.50 8.76 17.14 -100.4444
CSCO
Cisco Systems Inc
-0.25 0.52% 48.10 15.13 12.84 3.49 4.48 3.21 10.12
MSI
Motorola Solutions Inc
3.91 1.13% 349.02 31.36 23.98 5.22 141.85 5.79 20.98
HPE
Hewlett Packard Enterprise Co
0.04 0.24% 16.97 10.92 8.74 0.74 1.02 1.02 5.92
ERIC
Telefonaktiebolaget LM Ericsson B ADR
-0.05 0.95% 5.23 - 11.21 0.07 1.92 0.07 0.74

Reports Covered

Stock Research & News

Profile

Credo Technology Group Holding Ltd provides various high-speed connectivCredo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is headquartered in San Jose, California.ity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.

Credo Technology Group Holding Ltd

110 Rio Robles, San Jose, CA, United States, 95134

Key Executives

Name Title Year Born
Mr. William J. Brennan Pres, CEO & Director 1964
Mr. Chi Fung Cheng Co-founder, CTO & Director 1969
Mr. Yat Tung Lam Co-founder, COO & Director 1967
Mr. Daniel Fleming Chief Financial Officer 1967
Mr. Daniel J. O'Neil VP of Corp. Devel. & Investor Relations 1971
Mr. Adam Thorngate-Gottlund Gen. Counsel & Sec. 1982
Mr. Michael Girvan Lampe VP of Worldwide Sales NA
Mr. Scott Feller VP of Marketing NA

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