STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $318.7M | $440.5M | $624.3M | $616.6M | $322.2M | |
| YoY % | — | +38.2% | +41.7% | -1.2% | -47.7% | |
| P / Sales | 2.8x | 1.7x | 0.9x | 0.8x | 0.3x | |
| EV / Sales | 2.5x | 1.6x | 1.1x | 0.8x | 0.4x | |
| Gross Profit, Adj. | $109.7M | $154.7M | $195.4M | $213.6M | $98.8M | |
| YoY % | — | +41.0% | +26.3% | +9.3% | -53.8% | |
| Margin % | 34.4% | 35.1% | 31.3% | 34.6% | 30.7% | |
| EV / Gross Profit | 7.2x | 4.6x | 3.4x | 2.4x | 1.3x | |
| EBITDA, Adj. | $22.4M | $32.4M | $38.2M | $57.1M | $-54.9M | |
| YoY % | — | +44.4% | +18.0% | +49.4% | -196.1% | |
| Margin % | 7.0% | 7.4% | 6.1% | 9.3% | -17.0% | |
| EV / EBITDA | 35.4x | 22.2x | 17.6x | 9.0x | -2.3x | |
| EBIT | $15.4M | $21.8M | $15.1M | $28.7M | $-178.0M | |
| YoY % | — | +42.2% | -31.0% | +90.6% | -720.6% | |
| Margin % | 4.8% | 5.0% | 2.4% | 4.7% | -55.3% | |
| EV / EBIT | 51.7x | 32.9x | 44.6x | 18.0x | -0.7x | |
| Net Income | $23.7M | $34.6M | $6.9M | $20.0M | $-182.4M | |
| YoY % | — | +45.7% | -80.2% | +191.5% | -1012.4% | |
| Net Margin | 7.4% | 7.9% | 1.1% | 3.2% | -56.6% | |
| EPS (GAAP) | $0.25 | $0.34 | $0.06 | $0.18 | -$1.84 | |
| YoY % | — | +36.0% | -82.4% | +200.0% | -1122.2% |