STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $104.8M | $138.6M | $70.1M | $59.3M | $70.4M | |
| YoY % | +51.7% | +32.3% | -49.4% | -15.4% | +18.6% | |
| P / Sales | 19.3x | 2.2x | 3.0x | 5.9x | 2.0x | |
| EV / Sales | 18.9x | 2.1x | 2.8x | 7.0x | 2.7x | |
| Gross Profit, Adj. | $82.5M | $100.6M | $57.3M | $43.1M | $61.0M | |
| YoY % | +49.2% | +21.8% | -43.0% | -24.9% | +41.8% | |
| Margin % | 78.8% | 72.6% | 81.7% | 72.6% | 86.7% | |
| EV / Gross Profit | 24.0x | 3.0x | 3.4x | 9.6x | 3.1x | |
| EBITDA, Adj. | $-16.8M | $-26.3M | $-49.3M | $-53.4M | $-33.1M | |
| YoY % | +23.8% | -57.1% | -87.3% | -8.4% | +38.1% | |
| Margin % | -16.0% | -19.0% | -70.3% | -90.0% | -47.0% | |
| EV / EBITDA | -118.5x | -11.3x | -4.0x | -7.7x | -5.7x | |
| EBIT | $-22.7M | $-34.9M | $-68.1M | $-58.5M | $-41.7M | |
| YoY % | +5.1% | -53.7% | -95.1% | +14.0% | +28.7% | |
| Margin % | -21.7% | -25.2% | -97.0% | -98.6% | -59.3% | |
| EV / EBIT | -87.4x | -8.5x | -2.9x | -7.1x | -4.5x | |
| Net Income | $-21.3M | $-33.6M | $-76.2M | $-65.3M | $-44.0M | |
| YoY % | +11.4% | -57.9% | -127.0% | +14.4% | +32.6% | |
| Net Margin | -20.3% | -24.2% | -108.7% | -110.0% | -62.5% | |
| EPS (GAAP) | -$0.33 | -$0.51 | -$1.12 | -$0.89 | -$0.50 | |
| YoY % | +17.5% | -54.5% | -119.6% | +20.5% | +43.8% |