STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $24.1M | $28.7M | $34.1M | $37.3M | $41.7M | |
| YoY % | — | +19.0% | +18.8% | +9.5% | +11.7% | |
| P / Sales | 2.7x | 0.6x | 0.1x | 0.2x | 0.1x | |
| EV / Sales | 3.5x | 1.0x | 0.8x | 0.5x | 0.4x | |
| Gross Profit, Adj. | $11.4M | $13.5M | $16.6M | $18.7M | $30.7M | |
| YoY % | — | +18.8% | +23.3% | +12.6% | +64.3% | |
| Margin % | 47.1% | 47.0% | 48.8% | 50.1% | 73.7% | |
| EV / Gross Profit | 7.4x | 2.1x | 1.6x | 0.9x | 0.6x | |
| EBITDA, Adj. | $-25.3M | $-21.2M | $-22.2M | $-16.8M | $-11.2M | |
| YoY % | — | +16.2% | -4.5% | +24.3% | +33.2% | |
| Margin % | -105.0% | -74.0% | -65.1% | -45.0% | -26.9% | |
| EV / EBITDA | -3.3x | -1.3x | -1.2x | -1.1x | -1.6x | |
| EBIT | $-25.2M | $-18.6M | $-22.7M | $-17.2M | $-11.3M | |
| YoY % | — | +26.3% | -22.0% | +24.1% | +34.1% | |
| Margin % | -104.6% | -64.8% | -66.6% | -46.1% | -27.2% | |
| EV / EBIT | -3.3x | -1.5x | -1.2x | -1.0x | -1.5x | |
| Net Income | $-37.7M | $-640,000 | $-20.1M | $-17.8M | $-10.5M | |
| YoY % | — | +98.3% | -3045.5% | +11.8% | +40.7% | |
| Net Margin | -156.5% | -2.2% | -59.1% | -47.6% | -25.3% | |
| EPS (GAAP) | -$85.60 | -$0.61 | -$13.02 | -$3.22 | -$1.04 | |
| YoY % | — | +99.3% | -2034.4% | +75.3% | +67.7% |