STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $246.2M | $270.7M | $325.1M | $401.2M | $475.7M | |
| YoY % | — | +9.9% | +20.1% | +23.4% | +18.6% | |
| P / Sales | 5.3x | 3.3x | 4.9x | 11.5x | 9.5x | |
| EV / Sales | 6.3x | 4.2x | 5.9x | 11.9x | 10.2x | |
| Gross Profit, Adj. | $203.7M | $219.9M | $271.9M | $338.6M | $400.5M | |
| YoY % | — | +8.0% | +23.6% | +24.5% | +18.3% | |
| Margin % | 82.7% | 81.3% | 83.6% | 84.4% | 84.2% | |
| EV / Gross Profit | 7.7x | 5.1x | 7.0x | 14.1x | 12.1x | |
| EBITDA, Adj. | $20.8M | $10.2M | $43.2M | $67.5M | $78.3M | |
| YoY % | — | -50.8% | +322.4% | +56.1% | +16.0% | |
| Margin % | 8.5% | 3.8% | 13.3% | 16.8% | 16.5% | |
| EV / EBITDA | 75.0x | 109.9x | 44.2x | 70.8x | 61.7x | |
| EBIT | $13.8M | $1.0M | $33.2M | $56.9M | $66.5M | |
| YoY % | — | -92.4% | +3083.6% | +71.2% | +16.8% | |
| Margin % | 5.6% | 0.4% | 10.2% | 14.2% | 14.0% | |
| EV / EBIT | 113.1x | 1077.5x | 57.5x | 84.0x | 72.7x | |
| Net Income | $70.4M | $116.1M | $-81.1M | $-283.0M | $78.3M | |
| YoY % | — | +64.9% | -169.8% | -249.0% | +127.7% | |
| Net Margin | 28.6% | 42.9% | -24.9% | -70.5% | 16.5% | |
| EPS (GAAP) | $0.44 | $0.59 | -$0.43 | -$1.35 | $0.31 | |
| YoY % | — | +34.1% | -172.9% | -214.0% | +123.0% |