STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $67.4M | $72.0M | $83.6M | $99.6M | $129.4M | |
| YoY % | +13.8% | +6.8% | +16.0% | +19.2% | +29.9% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $41.5M | $42.8M | $50.8M | $61.6M | $83.2M | |
| YoY % | +17.6% | +3.2% | +18.7% | +21.3% | +35.1% | |
| Margin % | 61.5% | 59.4% | 60.8% | 61.8% | 64.3% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $-25.4M | $-16.7M | $-4.6M | $8.5M | $17.1M | |
| YoY % | -38.7% | +34.2% | +72.7% | +286.8% | +99.8% | |
| Margin % | -37.7% | -23.2% | -5.5% | 8.6% | 13.2% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-27.1M | $-18.6M | $-5.6M | $7.7M | $16.3M | |
| YoY % | -36.4% | +31.2% | +69.9% | +238.0% | +110.7% | |
| Margin % | -40.1% | -25.9% | -6.7% | 7.8% | 12.6% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-27.1M | $-16.5M | $-4.9M | $8.6M | $17.4M | |
| YoY % | -36.2% | +39.0% | +70.1% | +273.1% | +103.3% | |
| Net Margin | -40.2% | -23.0% | -5.9% | 8.6% | 13.4% | |
| EPS (GAAP) | -$0.40 | -$0.24 | -$0.07 | $0.11 | $0.20 | |
| YoY % | -21.2% | +40.0% | +70.8% | +257.1% | +81.8% |