STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $24.5M | $29.9M | $31.3M | $35.2M | $40.3M | |
| YoY % | +19.7% | +22.1% | +4.7% | +12.4% | +14.5% | |
| P / Sales | 3.2x | 1.6x | 1.8x | 5.1x | 3.1x | |
| EV / Sales | 2.9x | 1.8x | 2.1x | 5.6x | 3.6x | |
| Gross Profit, Adj. | $18.4M | $22.7M | $24.3M | $27.9M | $31.6M | |
| YoY % | +26.7% | +23.5% | +7.3% | +14.8% | +12.9% | |
| Margin % | 75.0% | 75.9% | 77.7% | 79.4% | 78.3% | |
| EV / Gross Profit | 3.8x | 2.4x | 2.7x | 7.0x | 4.6x | |
| EBITDA, Adj. | $-14.0M | $-7.6M | $-3.3M | $-824,000 | $1.8M | |
| YoY % | -136.5% | +45.4% | +57.1% | +74.9% | +314.9% | |
| Margin % | -57.1% | -25.6% | -10.5% | -2.3% | 4.4% | |
| EV / EBITDA | -5.0x | -7.0x | -20.2x | -237.3x | 82.5x | |
| EBIT | $-15.5M | $-10.4M | $-6.0M | $-3.4M | $-1.8M | |
| YoY % | -117.5% | +32.8% | +42.8% | +43.2% | +46.0% | |
| Margin % | -63.3% | -34.9% | -19.0% | -9.6% | -4.5% | |
| EV / EBIT | -4.5x | -5.1x | -11.1x | -57.7x | -79.9x | |
| Net Income | $-14.3M | $-10.4M | $-5.9M | $-4.3M | $-3.1M | |
| YoY % | -98.1% | +26.9% | +43.7% | +27.6% | +27.7% | |
| Net Margin | -58.3% | -34.9% | -18.8% | -12.1% | -7.6% | |
| EPS (GAAP) | -$1.29 | -$0.91 | -$0.50 | -$0.36 | -$0.25 | |
| YoY % | -67.5% | +29.5% | +45.1% | +28.0% | +30.6% |