STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $335.9M | $296.9M | $226.8M | $177.3M | $159.6M | |
| YoY % | +20.6% | -11.6% | -23.6% | -21.8% | -10.0% | |
| P / Sales | 2.2x | 2.0x | 0.7x | 0.1x | 0.3x | |
| EV / Sales | 2.4x | 2.3x | 1.3x | 0.9x | 1.3x | |
| Gross Profit, Adj. | $160.8M | $145.1M | $76.8M | $62.9M | $64.2M | |
| YoY % | +15.3% | -9.7% | -47.1% | -18.1% | +2.0% | |
| Margin % | 47.9% | 48.9% | 33.9% | 35.5% | 40.2% | |
| EV / Gross Profit | 4.9x | 4.7x | 3.8x | 2.5x | 3.2x | |
| EBITDA, Adj. | $43.4M | $27.5M | $-44.8M | $-35.2M | $-23.1M | |
| YoY % | +39.0% | -36.7% | -263.0% | +21.4% | +34.3% | |
| Margin % | 12.9% | 9.3% | -19.8% | -19.9% | -14.5% | |
| EV / EBITDA | 18.3x | 24.7x | -6.6x | -4.5x | -8.8x | |
| EBIT | $36.4M | $19.9M | $-53.8M | $-70.4M | $-28.0M | |
| YoY % | +52.1% | -45.4% | -370.7% | -30.8% | +60.3% | |
| Margin % | 10.8% | 6.7% | -23.7% | -39.7% | -17.5% | |
| EV / EBIT | 21.8x | 34.2x | -5.5x | -2.3x | -7.3x | |
| Net Income | $37.4M | $20.2M | $-74.1M | $-74.5M | $-38.5M | |
| YoY % | +101.5% | -46.0% | -466.7% | -0.5% | +48.2% | |
| Net Margin | 11.1% | 6.8% | -32.7% | -42.0% | -24.1% | |
| EPS (GAAP) | $1.31 | $0.72 | -$2.69 | -$2.65 | -$1.34 | |
| YoY % | +87.1% | -45.0% | -473.6% | +1.5% | +49.4% |