Circut Results Presentation Deck slide image

Circut Results Presentation Deck

Net income and EBITDA $ Net Income Margins cricut. $7.5M Q3 2019 6.6% Net Income 302% 2 yr. stacked $45.2M Q3 2020 21.6% $30.0M Q3 2021 11.5% EBITDA Margins $12.0M Q3 2019 10.7% $ EBITDA 256% 2 yr. stacked $61.0M Q3 2020 1 29.2% $42.7M Q3 2021 16.4% 1. Net income adjusted to exclude: interest expense, net; income taxes; and depreciation and amortization expense. See reconciliation in the Appendix. Q3 2021 EBITDA included $8.1 million stock-based compensation expense. Stock-based compensation expense for prior periods include: $2.2 million for Q3 2020 and $439k for Q3 2019. Q3 2021 Financial Results 20
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