Circut Results Presentation Deck slide image

Circut Results Presentation Deck

cricut. Revenue breakdown Subscription revenue in Q2 grew over 33% YoY and up ~181% from Q2 2020 despite lower machine sales Accessories & Materials revenue in Q2 declined ~(41%) YOY Connected Machine revenue in Q2 declined (76%) YoY Connected Machines and Accessories & Materials were affected by macroeconomic pressures and higher than normal channel inventory positions International revenue declined (14%) YOY, but increased as a % of overall revenue, from 8.5% to 13.2% $ in millions $400 $350 $300 $250 $200 $150 $100 $50 $0 YOY % Change $94.6M Q2 2019 Subscriptions Q2 2022 Financial Results $235.3M 94% 3 yr. basis Q2 2020 COVID Quarters Accessories & Materials 148.8% $334.5M Q2 2021 Connected Machines 42.1% $183.8M Q2 2022 (45.1)% 13
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