STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $159.5M | $188.3M | $186.8M | $201.3M | $233.8M | |
| YoY % | +39.6% | +18.1% | -0.8% | +7.8% | +16.1% | |
| P / Sales | 7.3x | 3.5x | 2.1x | 1.4x | 1.7x | |
| EV / Sales | 8.0x | 4.1x | 2.8x | 2.0x | 2.3x | |
| Gross Profit, Adj. | $96.0M | $113.4M | $116.8M | $120.6M | $140.0M | |
| YoY % | +31.4% | +18.0% | +3.1% | +3.2% | +16.1% | |
| Margin % | 60.2% | 60.2% | 62.5% | 59.9% | 59.9% | |
| EV / Gross Profit | 13.2x | 6.8x | 4.5x | 3.4x | 3.8x | |
| EBITDA, Adj. | $-45.8M | $-31.1M | $-23.7M | $-12.4M | $-7.3M | |
| YoY % | +17.1% | +32.1% | +23.7% | +47.9% | +41.4% | |
| Margin % | -28.7% | -16.5% | -12.7% | -6.1% | -3.1% | |
| EV / EBITDA | -27.7x | -24.9x | -22.0x | -33.0x | -73.0x | |
| EBIT | $-48.9M | $-34.1M | $-30.1M | $-14.2M | $-8.7M | |
| YoY % | +16.1% | +30.4% | +11.8% | +52.7% | +39.0% | |
| Margin % | -30.7% | -18.1% | -16.1% | -7.1% | -3.7% | |
| EV / EBIT | -25.9x | -22.7x | -17.4x | -28.7x | -61.0x | |
| Net Income | $-54.4M | $-42.8M | $-37.5M | $-20.9M | $-15.6M | |
| YoY % | +9.2% | +21.3% | +12.4% | +44.2% | +25.3% | |
| Net Margin | -34.1% | -22.7% | -20.1% | -10.4% | -6.7% | |
| EPS (GAAP) | -$0.32 | -$0.24 | -$0.21 | -$0.11 | -$0.08 | |
| YoY % | +13.5% | +25.0% | +12.5% | +47.6% | +27.3% |