STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $145.6M | $155.0M | $155.2M | $158.2M | $127.7M | |
| YoY % | — | +6.5% | +0.1% | +2.0% | -19.3% | |
| P / Sales | 4.2x | 0.6x | 1.9x | 6.6x | 15.2x | |
| EV / Sales | 5.5x | 2.0x | 3.2x | 8.4x | 16.7x | |
| Gross Profit, Adj. | $34.1M | $43.0M | $40.6M | $45.2M | $28.5M | |
| YoY % | — | +26.2% | -5.6% | +11.4% | -37.0% | |
| Margin % | 23.4% | 27.7% | 26.2% | 28.6% | 22.3% | |
| EV / Gross Profit | 23.4x | 7.3x | 12.2x | 29.6x | 74.9x | |
| EBITDA, Adj. | $-71.2M | $-42.4M | $-27.6M | $-33.8M | $-68.1M | |
| YoY % | — | +40.4% | +35.0% | -22.5% | -101.5% | |
| Margin % | -48.9% | -27.4% | -17.8% | -21.4% | -53.4% | |
| EV / EBITDA | -11.2x | -7.4x | -18.0x | -39.5x | -31.3x | |
| EBIT | $-78.5M | $-54.4M | $-39.0M | $-133.4M | $-213.9M | |
| YoY % | — | +30.7% | +28.2% | -241.8% | -60.3% | |
| Margin % | -53.9% | -35.1% | -25.2% | -84.3% | -167.5% | |
| EV / EBIT | -10.2x | -5.8x | -12.7x | -10.0x | -10.0x | |
| Net Income | $-123.6M | $-111.4M | $-70.7M | $-295.5M | $-293.9M | |
| YoY % | — | +9.9% | +36.6% | -318.3% | +0.6% | |
| Net Margin | -84.9% | -71.8% | -45.5% | -186.8% | -230.2% | |
| EPS (GAAP) | -$1.15 | -$0.87 | -$0.47 | -$1.27 | -$0.82 | |
| YoY % | — | +24.3% | +46.0% | -170.2% | +35.4% |