STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $127.4M | $138.6M | $159.0M | $187.3M | $225.2M | |
| YoY % | +13.4% | +8.8% | +14.7% | +17.8% | +20.2% | |
| P / Sales | 3.0x | 3.0x | 1.9x | 3.9x | 6.7x | |
| EV / Sales | 3.5x | 3.6x | 2.3x | 4.3x | 6.9x | |
| Gross Profit, Adj. | $104.4M | $108.8M | $121.9M | $142.0M | $167.4M | |
| YoY % | +15.1% | +4.2% | +12.0% | +16.5% | +17.9% | |
| Margin % | 82.0% | 78.5% | 76.6% | 75.8% | 74.3% | |
| EV / Gross Profit | 4.3x | 4.5x | 3.0x | 5.6x | 9.3x | |
| EBITDA, Adj. | $-22.5M | $-26.6M | $-17.0M | $3.4M | $-874,000 | |
| YoY % | -13.9% | -18.4% | +36.2% | +120.3% | -125.4% | |
| Margin % | -17.6% | -19.2% | -10.7% | 1.8% | -0.4% | |
| EV / EBITDA | -20.0x | -18.6x | -21.6x | 232.6x | -1790.1x | |
| EBIT | $-25.4M | $-29.7M | $-21.5M | $-3.3M | $-7.8M | |
| YoY % | -9.6% | -16.9% | +27.8% | +84.7% | -138.8% | |
| Margin % | -20.0% | -21.4% | -13.5% | -1.8% | -3.5% | |
| EV / EBIT | -17.7x | -16.7x | -17.1x | -243.9x | -199.3x | |
| Net Income | $-27.0M | $-28.9M | $-21.7M | $-10.0M | $-15.7M | |
| YoY % | -13.4% | -7.3% | +25.0% | +54.1% | -57.6% | |
| Net Margin | -21.2% | -20.9% | -13.7% | -5.3% | -7.0% | |
| EPS (GAAP) | -$0.65 | -$0.69 | -$0.51 | -$0.23 | -$0.34 | |
| YoY % | -8.3% | -6.2% | +26.1% | +54.9% | -47.8% |