STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $145.6M | $122.7M | $93.2M | $92.2M | $102.0M | |
| YoY % | +7.1% | -15.7% | -24.1% | -1.0% | +10.6% | |
| P / Sales | 2.9x | 1.0x | 0.7x | 2.5x | 4.5x | |
| EV / Sales | 3.4x | 1.8x | 1.5x | 3.3x | 4.9x | |
| Gross Profit, Adj. | $101.0M | $82.9M | $52.7M | $63.7M | $72.6M | |
| YoY % | +5.4% | -18.0% | -36.5% | +20.9% | +13.9% | |
| Margin % | 69.4% | 67.5% | 56.6% | 69.1% | 71.1% | |
| EV / Gross Profit | 4.9x | 2.7x | 2.6x | 4.8x | 6.8x | |
| EBITDA, Adj. | $-8.0M | $-24.9M | $-56.6M | $410,000 | $7.7M | |
| YoY % | -68.6% | -213.3% | -127.2% | +100.7% | +1766.3% | |
| Margin % | -5.5% | -20.3% | -60.8% | 0.4% | 7.5% | |
| EV / EBITDA | -62.1x | -9.1x | -2.4x | 744.7x | 64.9x | |
| EBIT | $-13.5M | $-32.3M | $-64.9M | $-6.0M | $3.6M | |
| YoY % | -49.8% | -138.5% | -101.2% | +90.7% | +159.9% | |
| Margin % | -9.3% | -26.3% | -69.7% | -6.5% | 3.5% | |
| EV / EBIT | -36.5x | -7.0x | -2.1x | -50.8x | 137.7x | |
| Net Income | $-15.0M | $-32.0M | $-62.8M | $-5.9M | $3.7M | |
| YoY % | -60.9% | -113.0% | -96.1% | +90.7% | +163.1% | |
| Net Margin | -10.3% | -26.1% | -67.4% | -6.4% | 3.6% | |
| EPS (GAAP) | -$0.42 | -$0.87 | -$1.66 | -$0.15 | $0.08 | |
| YoY % | -55.6% | -107.1% | -90.8% | +91.0% | +153.3% |