STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $76.1M | $95.8M | $119.1M | $119.8M | $140.5M | |
| YoY % | +16.1% | +26.0% | +24.3% | +0.6% | +17.3% | |
| P / Sales | 2.0x | 2.0x | 1.7x | 2.0x | 1.8x | |
| EV / Sales | 5.4x | 4.7x | 3.5x | 3.9x | 4.0x | |
| Gross Profit, Adj. | $46.6M | $62.5M | $85.5M | $82.1M | $94.9M | |
| YoY % | +22.2% | +34.2% | +36.8% | -4.0% | +15.5% | |
| Margin % | 61.2% | 65.2% | 71.8% | 68.5% | 67.5% | |
| EV / Gross Profit | 8.9x | 7.2x | 4.9x | 5.6x | 6.0x | |
| EBITDA, Adj. | $4.9M | $9.1M | $16.1M | $11.4M | $18.0M | |
| YoY % | +2185.0% | +87.4% | +77.3% | -29.3% | +58.1% | |
| Margin % | 6.4% | 9.5% | 13.6% | 9.5% | 12.8% | |
| EV / EBITDA | 85.3x | 49.3x | 26.2x | 40.6x | 31.4x | |
| EBIT | $-13.0M | $-11.3M | $-3.0M | $-10.7M | $-8.4M | |
| YoY % | +12.9% | +12.8% | +73.5% | -258.0% | +21.7% | |
| Margin % | -17.0% | -11.8% | -2.5% | -9.0% | -6.0% | |
| EV / EBIT | -32.0x | -39.7x | -140.7x | -43.1x | -67.4x | |
| Net Income | $3.2M | $-14.5M | $-9.2M | $-11.8M | $-13.1M | |
| YoY % | +119.6% | -553.1% | +36.3% | -27.8% | -11.5% | |
| Net Margin | 4.2% | -15.1% | -7.7% | -9.8% | -9.3% | |
| EPS (GAAP) | $0.16 | -$0.72 | -$0.42 | -$0.45 | -$0.48 | |
| YoY % | +115.5% | -550.0% | +41.7% | -7.1% | -6.7% |