STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $152.2M | $204.3M | $264.8M | $333.8M | $443.6M | |
| YoY % | — | +34.2% | +29.6% | +26.1% | +32.9% | |
| P / Sales | 8.5x | 6.6x | 8.3x | 10.9x | 5.4x | |
| EV / Sales | 7.1x | 6.8x | 8.4x | 10.8x | 6.4x | |
| Gross Profit, Adj. | $83.8M | $108.3M | $144.1M | $196.6M | $256.6M | |
| YoY % | — | +29.3% | +33.0% | +36.4% | +30.5% | |
| Margin % | 55.1% | 53.0% | 54.4% | 58.9% | 57.8% | |
| EV / Gross Profit | 12.9x | 12.8x | 15.4x | 18.4x | 11.0x | |
| EBITDA, Adj. | $-36.5M | $-62.1M | $-52.8M | $-33.9M | $-21.6M | |
| YoY % | — | -70.3% | +15.0% | +35.8% | +36.3% | |
| Margin % | -24.0% | -30.4% | -19.9% | -10.2% | -4.9% | |
| EV / EBITDA | -29.5x | -22.4x | -42.1x | -106.5x | -130.5x | |
| EBIT | $-42.9M | $-70.2M | $-63.7M | $-44.6M | $-52.0M | |
| YoY % | — | -63.6% | +9.3% | +29.9% | -16.5% | |
| Margin % | -28.2% | -34.4% | -24.1% | -13.4% | -11.7% | |
| EV / EBIT | -25.1x | -19.8x | -34.9x | -81.0x | -54.2x | |
| Net Income | $-47.1M | $-58.6M | $-62.9M | $-40.8M | $-47.7M | |
| YoY % | — | -24.4% | -7.4% | +35.1% | -16.7% | |
| Net Margin | -31.0% | -28.7% | -23.8% | -12.2% | -10.7% | |
| EPS (GAAP) | -$0.73 | -$0.64 | -$0.67 | -$0.41 | -$0.46 | |
| YoY % | — | +12.3% | -4.7% | +38.8% | -12.2% |