STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $507.4M | $535.3M | $490.2M | $484.2M | |
| YoY % | — | +5.5% | -8.4% | -1.2% | |
| P / Sales | 1.1x | 0.5x | 0.4x | 0.5x | |
| EV / Sales | 1.2x | 0.6x | 0.5x | 0.6x | |
| Gross Profit, Adj. | $282.1M | $308.1M | $302.2M | $302.0M | |
| YoY % | — | +9.2% | -1.9% | -0.1% | |
| Margin % | 55.6% | 57.6% | 61.6% | 62.4% | |
| EV / Gross Profit | 2.1x | 1.0x | 0.8x | 1.0x | |
| EBITDA, Adj. | $-89.8M | $-54.4M | $-32.9M | $-23.9M | |
| YoY % | — | +39.4% | +39.5% | +27.3% | |
| Margin % | -17.7% | -10.2% | -6.7% | -4.9% | |
| EV / EBITDA | -6.6x | -5.7x | -7.6x | -12.9x | |
| EBIT | $-94.2M | $-63.8M | $-45.5M | $-35.1M | |
| YoY % | — | +32.2% | +28.7% | +22.8% | |
| Margin % | -18.6% | -11.9% | -9.3% | -7.3% | |
| EV / EBIT | -6.3x | -4.8x | -5.5x | -8.8x | |
| Net Income | $-68.3M | $-61.5M | $-37.0M | $-32.9M | |
| YoY % | — | +9.9% | +39.8% | +11.2% | |
| Net Margin | -13.5% | -11.5% | -7.6% | -6.8% | |
| EPS (GAAP) | -$8.80 | -$7.00 | -$4.20 | -$3.80 | |
| YoY % | — | +20.5% | +40.0% | +9.5% |