STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $66.3M | $84.7M | $103.4M | $106.1M | $124.5M | |
| YoY % | — | +27.8% | +22.0% | +2.7% | +17.3% | |
| P / Sales | 1.5x | 1.0x | 1.1x | 0.8x | 0.4x | |
| EV / Sales | 1.5x | 1.3x | 1.4x | 1.1x | 0.7x | |
| Gross Profit, Adj. | $32.2M | $45.1M | $55.2M | $56.2M | $68.4M | |
| YoY % | — | +40.0% | +22.5% | +1.9% | +21.7% | |
| Margin % | 48.6% | 53.2% | 53.4% | 53.0% | 55.0% | |
| EV / Gross Profit | 3.1x | 2.4x | 2.6x | 2.0x | 1.3x | |
| EBITDA, Adj. | $-1.8M | $6.8M | $13.5M | $14.0M | $16.6M | |
| YoY % | — | +482.2% | +98.9% | +3.9% | +18.3% | |
| Margin % | -2.7% | 8.0% | 13.0% | 13.2% | 13.3% | |
| EV / EBITDA | -56.1x | 15.9x | 10.7x | 8.1x | 5.3x | |
| EBIT | $-7.2M | $-1.7M | $-978,328.56 | $-3.6M | $-6.2M | |
| YoY % | — | +76.7% | +41.8% | -266.8% | -73.9% | |
| Margin % | -10.9% | -2.0% | -0.9% | -3.4% | -5.0% | |
| EV / EBIT | -13.8x | -63.9x | -147.1x | -31.6x | -14.2x | |
| Net Income | $-8.5M | $-3.5M | $-4.2M | $-5.4M | $-9.5M | |
| YoY % | — | +59.2% | -21.7% | -26.3% | -77.8% | |
| Net Margin | -12.9% | -4.1% | -4.1% | -5.0% | -7.7% | |
| EPS (GAAP) | -$0.44 | -$0.16 | -$0.19 | -$0.22 | -$0.38 | |
| YoY % | — | +63.6% | -18.8% | -15.8% | -72.7% |