STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $67.5M | $85.2M | $102.0M | $127.6M | $145.8M | |
| YoY % | — | +26.2% | +19.8% | +25.1% | +14.3% | |
| P / Sales | 5.1x | 2.3x | 2.6x | 2.1x | 1.8x | |
| EV / Sales | 4.5x | 3.2x | 3.3x | 2.4x | 2.3x | |
| Gross Profit, Adj. | $34.3M | $43.9M | $49.9M | $69.3M | $88.8M | |
| YoY % | — | +27.7% | +13.7% | +39.1% | +28.0% | |
| Margin % | 50.9% | 51.5% | 48.9% | 54.3% | 60.9% | |
| EV / Gross Profit | 8.9x | 6.2x | 6.8x | 4.4x | 3.8x | |
| EBITDA, Adj. | $-2.5M | $-28.0M | $-33.0M | $-18.0M | $2.0M | |
| YoY % | — | -1031.1% | -18.0% | +45.6% | +111.0% | |
| Margin % | -3.7% | -32.8% | -32.3% | -14.1% | 1.3% | |
| EV / EBITDA | -124.1x | -9.7x | -10.3x | -17.1x | 173.5x | |
| EBIT | $-18.8M | $-48.1M | $-57.9M | $-46.3M | $-23.6M | |
| YoY % | — | -156.0% | -20.4% | +20.1% | +49.0% | |
| Margin % | -27.9% | -56.5% | -56.8% | -36.3% | -16.2% | |
| EV / EBIT | -16.3x | -5.6x | -5.9x | -6.6x | -14.5x | |
| Net Income | $-21.7M | $-51.4M | $-59.7M | $-48.5M | $-25.6M | |
| YoY % | — | -136.8% | -16.2% | +18.7% | +47.2% | |
| Net Margin | -32.2% | -60.4% | -58.5% | -38.0% | -17.6% | |
| EPS (GAAP) | -$1.07 | -$1.62 | -$1.66 | -$1.11 | -$0.46 | |
| YoY % | — | -51.4% | -2.5% | +33.1% | +58.6% |