STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $104.2M | $142.9M | $180.8M | $216.9M | $242.7M | |
| YoY % | +65.7% | +37.1% | +26.5% | +20.0% | +11.9% | |
| P / Sales | 21.2x | 8.1x | 8.4x | 6.4x | 2.7x | |
| EV / Sales | 19.9x | 7.2x | 8.6x | 6.6x | 2.9x | |
| Gross Profit, Adj. | $83.5M | $114.7M | $146.3M | $175.6M | $194.8M | |
| YoY % | +62.4% | +37.5% | +27.5% | +20.0% | +10.9% | |
| Margin % | 80.1% | 80.3% | 80.9% | 81.0% | 80.3% | |
| EV / Gross Profit | 24.9x | 9.0x | 10.6x | 8.1x | 3.6x | |
| EBITDA, Adj. | $-11.0M | $-4.6M | $3.8M | $22.3M | $27.7M | |
| YoY % | -136.0% | +58.1% | +183.2% | +483.4% | +24.1% | |
| Margin % | -10.5% | -3.2% | 2.1% | 10.3% | 11.4% | |
| EV / EBITDA | -189.5x | -223.9x | 405.4x | 64.1x | 25.7x | |
| EBIT | $-13.0M | $-6.9M | $680,000 | $18.9M | $24.5M | |
| YoY % | -121.7% | +46.6% | +109.8% | +2680.4% | +29.5% | |
| Margin % | -12.4% | -4.8% | 0.4% | 8.7% | 10.1% | |
| EV / EBIT | -160.0x | -148.5x | 2278.3x | 75.5x | 29.0x | |
| Net Income | $-13.6M | $7.0M | $2.8M | $26.7M | $37.5M | |
| YoY % | -69.7% | +151.6% | -59.5% | +841.4% | +40.3% | |
| Net Margin | -13.0% | 4.9% | 1.6% | 12.3% | 15.5% | |
| EPS (GAAP) | -$0.41 | $0.21 | $0.08 | $0.86 | $1.28 | |
| YoY % | -46.4% | +151.2% | -61.9% | +975.0% | +48.8% |