STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $435.1M | $490.4M | $491.2M | $510.9M | $529.3M | |
| YoY % | +21.8% | +12.7% | +0.2% | +4.0% | +3.6% | |
| P / Sales | 2.0x | 0.7x | 1.7x | 2.2x | 2.9x | |
| EV / Sales | 2.1x | 0.9x | 2.0x | 2.4x | 3.0x | |
| Gross Profit, Adj. | $108.0M | $136.0M | $167.6M | $187.5M | $232.8M | |
| YoY % | +95.0% | +25.9% | +23.2% | +11.9% | +24.2% | |
| Margin % | 24.8% | 27.7% | 34.1% | 36.7% | 44.0% | |
| EV / Gross Profit | 8.6x | 3.1x | 5.9x | 6.5x | 6.8x | |
| EBITDA, Adj. | $-45.0M | $-52.1M | $-18.9M | $-28.3M | $12.2M | |
| YoY % | +52.4% | -15.7% | +63.7% | -49.6% | +143.0% | |
| Margin % | -10.4% | -10.6% | -3.9% | -5.5% | 2.3% | |
| EV / EBITDA | -20.6x | -8.1x | -51.9x | -43.0x | 129.5x | |
| EBIT | $-60.1M | $-56.9M | $-23.6M | $-31.5M | $8.3M | |
| YoY % | +42.7% | +5.4% | +58.5% | -33.6% | +126.2% | |
| Margin % | -13.8% | -11.6% | -4.8% | -6.2% | 1.6% | |
| EV / EBIT | -15.4x | -7.4x | -41.6x | -38.7x | 191.1x | |
| Net Income | $-56.0M | $-56.6M | $-22.0M | $-30.5M | $14.9M | |
| YoY % | +44.7% | -1.1% | +61.1% | -38.4% | +148.9% | |
| Net Margin | -12.9% | -11.5% | -4.5% | -6.0% | 2.8% | |
| EPS (GAAP) | -$0.68 | -$0.65 | -$0.24 | -$0.31 | $0.14 | |
| YoY % | +47.7% | +4.4% | +63.1% | -29.2% | +145.2% |