STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $13.0M | $22.5M | $39.3M | $51.3M | $56.7M | |
| YoY % | — | +72.4% | +74.9% | +30.5% | +10.4% | |
| P / Sales | 9.7x | 17.1x | 16.1x | 5.6x | 3.3x | |
| EV / Sales | -0.7x | 13.1x | 14.8x | 4.7x | 3.1x | |
| Gross Profit, Adj. | $9.4M | $17.5M | $33.0M | $43.0M | $48.3M | |
| YoY % | — | +85.9% | +89.1% | +30.0% | +12.5% | |
| Margin % | 72.1% | 77.8% | 84.1% | 83.8% | 85.3% | |
| EV / Gross Profit | -0.9x | 16.8x | 17.6x | 5.7x | 3.6x | |
| EBITDA, Adj. | $-25.8M | $-42.1M | $-42.6M | $-58.9M | $-50.5M | |
| YoY % | — | -63.2% | -1.1% | -38.3% | +14.2% | |
| Margin % | -197.9% | -187.4% | -108.4% | -114.8% | -89.2% | |
| EV / EBITDA | 0.3x | -7.0x | -13.7x | -4.1x | -3.5x | |
| EBIT | $-26.0M | $-42.5M | $-43.1M | $-59.5M | $-51.3M | |
| YoY % | — | -63.8% | -1.4% | -38.0% | +13.8% | |
| Margin % | -199.2% | -189.3% | -109.7% | -116.0% | -90.5% | |
| EV / EBIT | 0.3x | -6.9x | -13.5x | -4.1x | -3.4x | |
| Net Income | $-43.1M | $-41.4M | $-41.2M | $-60.0M | $-53.3M | |
| YoY % | — | +3.8% | +0.6% | -45.5% | +11.1% | |
| Net Margin | -330.5% | -184.4% | -104.8% | -116.9% | -94.1% | |
| EPS (GAAP) | -$4.16 | -$2.02 | -$1.99 | -$2.65 | -$2.04 | |
| YoY % | — | +51.4% | +1.5% | -33.2% | +23.0% |