STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $166.9M | $205.2M | $243.6M | $268.6M | $302.5M | |
| YoY % | — | +22.9% | +18.7% | +10.2% | +12.6% | |
| P / Sales | 4.8x | 1.9x | 2.4x | 1.8x | 2.7x | |
| EV / Sales | 4.7x | 2.1x | 2.7x | 2.2x | 3.0x | |
| Gross Profit, Adj. | $54.0M | $64.2M | $81.2M | $102.7M | $123.8M | |
| YoY % | — | +18.8% | +26.5% | +26.4% | +20.6% | |
| Margin % | 32.4% | 31.3% | 33.3% | 38.2% | 40.9% | |
| EV / Gross Profit | 14.6x | 6.6x | 8.0x | 5.6x | 7.3x | |
| EBITDA, Adj. | $-7.3M | $2.7M | $9.6M | $26.4M | $40.1M | |
| YoY % | — | +136.5% | +258.6% | +175.7% | +52.2% | |
| Margin % | -4.4% | 1.3% | 3.9% | 9.8% | 13.3% | |
| EV / EBITDA | -108.2x | 159.5x | 67.8x | 21.9x | 22.4x | |
| EBIT | $-8.7M | $-2.7M | $760,000 | $14.2M | $22.3M | |
| YoY % | — | +69.5% | +128.6% | +1764.3% | +57.6% | |
| Margin % | -5.2% | -1.3% | 0.3% | 5.3% | 7.4% | |
| EV / EBIT | -90.7x | -160.2x | 853.0x | 40.8x | 40.2x | |
| Net Income | $-9.4M | $-2.4M | $10,000 | $11.4M | $64.0M | |
| YoY % | — | +74.7% | +100.4% | +114050.0% | +460.3% | |
| Net Margin | -5.6% | -1.2% | 0.0% | 4.2% | 21.1% | |
| EPS (GAAP) | -$0.14 | -$0.03 | — | $0.15 | $0.86 | |
| YoY % | — | +78.6% | — | — | +473.3% |