STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $50.8M | $47.7M | $50.6M | $57.6M | $44.5M | |
| YoY % | +10.9% | -6.2% | +6.1% | +13.8% | -22.6% | |
| P / Sales | 2.9x | 0.9x | 2.4x | 5.4x | 15.5x | |
| EV / Sales | 5.2x | 4.0x | 5.2x | 6.9x | 17.1x | |
| Gross Profit, Adj. | $35.8M | $28.3M | $29.8M | $39.7M | $26.0M | |
| YoY % | +9.0% | -21.1% | +5.2% | +33.4% | -34.5% | |
| Margin % | 70.5% | 59.3% | 58.8% | 69.0% | 58.3% | |
| EV / Gross Profit | 7.4x | 6.8x | 8.8x | 10.0x | 29.4x | |
| EBITDA, Adj. | $-31.7M | $-39.7M | $-13.8M | $-35.5M | $-76.2M | |
| YoY % | +19.6% | -25.1% | +65.3% | -158.1% | -114.7% | |
| Margin % | -62.4% | -83.2% | -27.2% | -61.7% | -171.2% | |
| EV / EBITDA | -8.3x | -4.8x | -19.1x | -11.2x | -10.0x | |
| EBIT | $-34.7M | $-42.1M | $-15.1M | $-36.2M | $-76.8M | |
| YoY % | +19.1% | -21.3% | +64.1% | -139.9% | -111.9% | |
| Margin % | -68.2% | -88.2% | -29.9% | -62.9% | -172.4% | |
| EV / EBIT | -7.6x | -4.6x | -17.4x | -11.0x | -9.9x | |
| Net Income | $-70.5M | $-54.4M | $-7.9M | $-44.1M | $-83.8M | |
| YoY % | -26.5% | +22.9% | +85.5% | -460.8% | -89.8% | |
| Net Margin | -138.8% | -114.1% | -15.6% | -76.7% | -188.1% | |
| EPS (GAAP) | -$1.85 | -$1.12 | -$0.13 | -$0.51 | -$0.78 | |
| YoY % | -11.4% | +39.5% | +88.4% | -292.3% | -52.9% |