STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $220.9M | $143.6M | $125.9M | $134.8M | |
| YoY % | — | -35.0% | -12.3% | +7.1% | |
| P / Sales | 0.8x | 0.4x | 0.4x | 1.4x | |
| EV / Sales | 1.8x | 2.0x | 2.3x | 2.2x | |
| Gross Profit, Adj. | $88.0M | $55.3M | $55.7M | $68.3M | |
| YoY % | — | -37.2% | +0.8% | +22.7% | |
| Margin % | 39.8% | 38.5% | 44.3% | 50.7% | |
| EV / Gross Profit | 4.6x | 5.2x | 5.2x | 4.4x | |
| EBITDA, Adj. | $-28.5M | $10.7M | $21.2M | $49.7M | |
| YoY % | — | +137.5% | +97.9% | +134.8% | |
| Margin % | -12.9% | 7.4% | 16.8% | 36.8% | |
| EV / EBITDA | -14.2x | 27.1x | 13.7x | 6.0x | |
| EBIT | $-55.9M | $-17.1M | $9.1M | $40.8M | |
| YoY % | — | +69.3% | +152.9% | +349.9% | |
| Margin % | -25.3% | -11.9% | 7.2% | 30.3% | |
| EV / EBIT | -7.3x | -16.9x | 31.9x | 7.3x | |
| Net Income | $-70.9M | $-55.6M | $-100.7M | $124.9M | |
| YoY % | — | +21.6% | -81.2% | +224.0% | |
| Net Margin | -32.1% | -38.7% | -80.0% | 92.6% | |
| EPS (GAAP) | -$4.02 | -$2.49 | -$2.85 | $2.62 | |
| YoY % | — | +38.1% | -14.5% | +191.9% |