STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $383.8M | $325.8M | $230.4M | $189.9M | $185.3M | |
| YoY % | — | -15.1% | -29.3% | -17.6% | -2.4% | |
| P / Sales | 0.4x | 0.3x | 0.2x | 0.5x | 0.2x | |
| EV / Sales | 0.9x | 1.2x | 1.3x | 1.0x | 0.9x | |
| Gross Profit, Adj. | $184.8M | $141.2M | $100.7M | $84.8M | $75.1M | |
| YoY % | — | -23.6% | -28.7% | -15.7% | -11.4% | |
| Margin % | 48.1% | 43.4% | 43.7% | 44.7% | 40.5% | |
| EV / Gross Profit | 1.8x | 2.7x | 3.0x | 2.3x | 2.2x | |
| EBITDA, Adj. | $-1.8M | $-41.4M | $-24.5M | $-4.4M | $-1.9M | |
| YoY % | — | -2197.1% | +40.8% | +82.1% | +57.6% | |
| Margin % | -0.5% | -12.7% | -10.6% | -2.3% | -1.0% | |
| EV / EBITDA | -181.5x | -9.2x | -12.4x | -43.7x | -88.6x | |
| EBIT | $-23.9M | $-114.6M | $-44.8M | $-23.5M | $-47.9M | |
| YoY % | — | -379.5% | +60.9% | +47.5% | -103.5% | |
| Margin % | -6.2% | -35.2% | -19.5% | -12.4% | -25.8% | |
| EV / EBIT | -13.7x | -3.3x | -6.8x | -8.2x | -3.4x | |
| Net Income | $-716,000 | $-117.2M | $-88.6M | $-10.1M | $-57.7M | |
| YoY % | — | -16267.3% | +24.4% | +88.6% | -471.8% | |
| Net Margin | -0.2% | -36.0% | -38.4% | -5.3% | -31.2% | |
| EPS (GAAP) | -$0.12 | -$3.39 | -$2.48 | -$0.27 | -$1.53 | |
| YoY % | — | -2725.0% | +26.8% | +89.1% | -466.7% |