STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $63.1M | $73.7M | $79.2M | $55.1M | $61.2M | |
| YoY % | — | +16.7% | +7.5% | -30.4% | +11.1% | |
| P / Sales | 0.9x | 0.4x | 1.3x | 1.4x | 3.1x | |
| EV / Sales | 1.0x | 1.2x | 1.6x | 2.2x | 3.7x | |
| Gross Profit, Adj. | $31.1M | $42.9M | $56.3M | $34.3M | $40.3M | |
| YoY % | — | +38.1% | +31.2% | -39.1% | +17.7% | |
| Margin % | 49.2% | 58.2% | 71.1% | 62.1% | 65.8% | |
| EV / Gross Profit | 2.0x | 2.1x | 2.3x | 3.5x | 5.6x | |
| EBITDA, Adj. | $-32.3M | $-23.2M | $4.8M | $-11.3M | $-4.5M | |
| YoY % | — | +28.1% | +120.8% | -332.6% | +59.7% | |
| Margin % | -51.2% | -31.5% | 6.1% | -20.4% | -7.4% | |
| EV / EBITDA | -1.9x | -3.8x | 26.5x | -10.6x | -50.2x | |
| EBIT | $-34.9M | $-27.5M | $-2.1M | $-14.7M | $-8.8M | |
| YoY % | — | +21.1% | +92.5% | -608.0% | +40.1% | |
| Margin % | -55.2% | -37.4% | -2.6% | -26.6% | -14.4% | |
| EV / EBIT | -1.7x | -3.2x | -61.8x | -8.2x | -25.9x | |
| Net Income | $-44.0M | $-29.6M | $-3.9M | $-14.7M | $-11.4M | |
| YoY % | — | +32.7% | +87.0% | -280.8% | +22.1% | |
| Net Margin | -69.7% | -40.2% | -4.9% | -26.6% | -18.7% | |
| EPS (GAAP) | -$4.32 | -$1.69 | -$0.21 | -$0.72 | -$0.47 | |
| YoY % | — | +60.9% | +87.6% | -242.9% | +34.7% |