STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $262.0M | $193.2M | $80.8M | $74.9M | |
| YoY % | — | -26.3% | -58.2% | -7.2% | |
| P / Sales | 0.4x | 0.5x | 1.4x | 2.1x | |
| EV / Sales | 0.9x | 0.8x | 1.9x | 1.6x | |
| Gross Profit, Adj. | $43.3M | $1.5M | $10.7M | $17.2M | |
| YoY % | — | -96.5% | +600.7% | +61.0% | |
| Margin % | 16.5% | 0.8% | 13.2% | 23.0% | |
| EV / Gross Profit | 5.2x | 100.5x | 14.1x | 7.2x | |
| EBITDA, Adj. | $23.9M | $-17.5M | $-5.6M | $-2.8M | |
| YoY % | — | -173.2% | +67.9% | +50.9% | |
| Margin % | 9.1% | -9.1% | -7.0% | -3.7% | |
| EV / EBITDA | 9.5x | -8.8x | -26.8x | -44.6x | |
| EBIT | $15.6M | $-37.4M | $-10.8M | $-7.0M | |
| YoY % | — | -339.2% | +71.1% | +34.9% | |
| Margin % | 6.0% | -19.4% | -13.4% | -9.4% | |
| EV / EBIT | 14.5x | -4.1x | -13.9x | -17.6x | |
| Net Income | $22.1M | $-26.6M | $-13.6M | $867,000 | |
| YoY % | — | -220.7% | +48.9% | +106.4% | |
| Net Margin | 8.4% | -13.8% | -16.8% | 1.2% | |
| EPS (GAAP) | $2.12 | -$2.63 | -$1.35 | $0.09 | |
| YoY % | — | -224.1% | +48.7% | +106.7% |