STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $444.9M | $534.9M | $689.2M | $795.4M | $862.1M | |
| YoY % | -11.5% | +20.2% | +28.8% | +15.4% | +8.4% | |
| P / Sales | 0.8x | 0.6x | 0.8x | 0.7x | 2.2x | |
| EV / Sales | 1.6x | 1.3x | 1.4x | 1.2x | 2.9x | |
| Gross Profit, Adj. | $65.4M | $71.5M | $174.5M | $220.4M | $258.2M | |
| YoY % | -32.5% | +9.5% | +144.0% | +26.3% | +17.1% | |
| Margin % | 14.7% | 13.4% | 25.3% | 27.7% | 29.9% | |
| EV / Gross Profit | 10.6x | 9.6x | 5.4x | 4.3x | 9.6x | |
| EBITDA, Adj. | $-6.8M | $-2.3M | $19.4M | $50.9M | $98.3M | |
| YoY % | -137.7% | +66.9% | +957.2% | +162.1% | +92.9% | |
| Margin % | -1.5% | -0.4% | 2.8% | 6.4% | 11.4% | |
| EV / EBITDA | -101.7x | -303.3x | 48.9x | 18.5x | 25.1x | |
| EBIT | $-35.8M | $-30.0M | $-6.7M | $26.5M | $76.4M | |
| YoY % | +64.4% | +16.2% | +77.8% | +496.7% | +188.7% | |
| Margin % | -8.1% | -5.6% | -1.0% | 3.3% | 8.9% | |
| EV / EBIT | -19.4x | -22.9x | -142.4x | 35.6x | 32.3x | |
| Net Income | $-25.6M | $-35.7M | $-26.4M | $-16.2M | $29.4M | |
| YoY % | +77.9% | -39.8% | +26.1% | +38.6% | +281.1% | |
| Net Margin | -5.7% | -6.7% | -3.8% | -2.0% | 3.4% | |
| EPS (GAAP) | -$0.82 | -$1.11 | -$0.80 | -$0.46 | $0.81 | |
| YoY % | +78.2% | -35.4% | +27.9% | +42.5% | +276.1% |