STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $276.7M | $247.5M | $191.2M | $201.1M | $222.3M | |
| YoY % | — | -10.5% | -22.8% | +5.2% | +10.6% | |
| P / Sales | 1.3x | 0.7x | 0.6x | 0.5x | 0.6x | |
| EV / Sales | 1.3x | 0.9x | 0.8x | 0.7x | 0.9x | |
| Gross Profit, Adj. | $126.8M | $114.2M | $88.1M | $88.4M | $99.3M | |
| YoY % | — | -9.9% | -22.9% | +0.4% | +12.3% | |
| Margin % | 45.8% | 46.2% | 46.1% | 44.0% | 44.6% | |
| EV / Gross Profit | 2.9x | 2.0x | 1.7x | 1.5x | 1.9x | |
| EBITDA, Adj. | $43.3M | $28.3M | $3.8M | $3.6M | $13.1M | |
| YoY % | — | -34.7% | -86.5% | -5.4% | +264.1% | |
| Margin % | 15.7% | 11.4% | 2.0% | 1.8% | 5.9% | |
| EV / EBITDA | 8.5x | 8.2x | 38.7x | 37.3x | 14.4x | |
| EBIT | $23.5M | $-56.5M | $-12.7M | $-12.5M | $-154,000 | |
| YoY % | — | -340.6% | +77.5% | +1.6% | +98.8% | |
| Margin % | 8.5% | -22.8% | -6.6% | -6.2% | -0.1% | |
| EV / EBIT | 15.7x | -4.1x | -11.6x | -10.8x | -1227.7x | |
| Net Income | $18.4M | $-64.9M | $-12.0M | $-12.2M | $-77,000 | |
| YoY % | — | -452.5% | +81.5% | -1.9% | +99.4% | |
| Net Margin | 6.7% | -26.2% | -6.3% | -6.1% | -0.0% | |
| EPS (GAAP) | $1.29 | -$4.66 | -$0.90 | -$0.94 | -$0.01 | |
| YoY % | — | -461.2% | +80.7% | -4.4% | +98.9% |