STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $11.2M | $44.2M | $43.9M | $66.2M | $92.2M | |
| YoY % | -29.9% | +293.5% | -0.7% | +50.8% | +39.4% | |
| P / Sales | 7.7x | 1.9x | 1.5x | 1.9x | 10.6x | |
| EV / Sales | 6.2x | 2.2x | 1.9x | 1.8x | 10.0x | |
| Gross Profit, Adj. | $3.5M | $15.1M | $7.8M | $23.2M | $48.5M | |
| YoY % | +1766.8% | +324.6% | -48.1% | +196.7% | +109.2% | |
| Margin % | 31.6% | 34.1% | 17.8% | 35.1% | 52.6% | |
| EV / Gross Profit | 19.5x | 6.3x | 10.8x | 5.2x | 19.0x | |
| EBITDA, Adj. | $628,000 | $10.0M | $2.8M | $18.3M | $39.9M | |
| YoY % | +123.7% | +1490.3% | -71.5% | +543.2% | +117.5% | |
| Margin % | 5.6% | 22.6% | 6.5% | 27.7% | 43.2% | |
| EV / EBITDA | 110.3x | 9.5x | 29.6x | 6.6x | 23.2x | |
| EBIT | $-1.5M | $7.8M | $-70,000 | $14.9M | $36.1M | |
| YoY % | +67.4% | +624.3% | -100.9% | +21442.9% | +141.8% | |
| Margin % | -13.3% | 17.7% | -0.2% | 22.6% | 39.2% | |
| EV / EBIT | -46.5x | 12.2x | -1206.5x | 8.1x | 25.6x | |
| Net Income | $-2.1M | $3.1M | $542,000 | $8.1M | $26.6M | |
| YoY % | +73.1% | +250.5% | -82.5% | +1394.5% | +228.9% | |
| Net Margin | -18.3% | 7.0% | 1.2% | 12.2% | 28.9% | |
| EPS (GAAP) | -$0.02 | $0.03 | — | $0.06 | $0.17 | |
| YoY % | +77.8% | +250.0% | — | — | +183.3% |