STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $65.6M | $96.7M | $107.4M | $65.2M | $66.4M | |
| YoY % | +137.5% | +47.3% | +11.1% | -39.3% | +1.8% | |
| P / Sales | 1.3x | 0.2x | 0.0x | 0.2x | 0.2x | |
| EV / Sales | 2.5x | 1.0x | 0.7x | 1.3x | 1.3x | |
| Gross Profit, Adj. | $29.2M | $52.3M | $66.6M | $49.1M | $45.8M | |
| YoY % | +50.9% | +79.1% | +27.4% | -26.4% | -6.6% | |
| Margin % | 44.5% | 54.1% | 62.0% | 75.3% | 69.0% | |
| EV / Gross Profit | 5.6x | 1.8x | 1.2x | 1.8x | 1.9x | |
| EBITDA, Adj. | $-29.0M | $-26.0M | $-3.5M | $7.3M | $7.9M | |
| YoY % | -137.9% | +10.6% | +86.5% | +307.5% | +8.6% | |
| Margin % | -44.2% | -26.9% | -3.3% | 11.2% | 11.9% | |
| EV / EBITDA | -5.6x | -3.6x | -22.6x | 11.8x | 11.1x | |
| EBIT | $-56.0M | $-109.9M | $-17.1M | $-1.6M | $-7.8M | |
| YoY % | -164.8% | -96.4% | +84.5% | +90.7% | -392.0% | |
| Margin % | -85.2% | -113.7% | -15.9% | -2.4% | -11.8% | |
| EV / EBIT | -2.9x | -0.9x | -4.7x | -54.2x | -11.2x | |
| Net Income | $-58.3M | $-108.8M | $-17.1M | $-15.8M | $-13.6M | |
| YoY % | -327.9% | -86.6% | +84.3% | +7.1% | +14.4% | |
| Net Margin | -88.8% | -112.5% | -15.9% | -24.3% | -20.4% | |
| EPS (GAAP) | -$69.60 | -$74.01 | -$5.11 | -$2.86 | -$2.16 | |
| YoY % | -15.6% | -6.3% | +93.1% | +44.0% | +24.5% |