STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $126.7M | $161.7M | $165.2M | $166.0M | $211.1M | |
| YoY % | +49.6% | +27.6% | +2.1% | +0.5% | +27.1% | |
| P / Sales | 12.8x | 9.5x | 4.1x | 7.8x | 10.2x | |
| EV / Sales | 13.1x | 10.4x | 5.4x | 9.0x | 11.4x | |
| Gross Profit, Adj. | $85.4M | $106.6M | $107.0M | $109.5M | $146.3M | |
| YoY % | +62.7% | +24.8% | +0.4% | +2.4% | +33.6% | |
| Margin % | 67.4% | 65.9% | 64.8% | 66.0% | 69.3% | |
| EV / Gross Profit | 19.4x | 15.8x | 8.3x | 13.7x | 16.5x | |
| EBITDA, Adj. | $-21.0M | $-35.8M | $-60.9M | $-43.2M | $-29.4M | |
| YoY % | +14.5% | -70.3% | -70.1% | +29.1% | +31.8% | |
| Margin % | -16.6% | -22.1% | -36.9% | -26.0% | -13.9% | |
| EV / EBITDA | -78.8x | -47.1x | -14.6x | -34.8x | -82.1x | |
| EBIT | $-25.1M | $-39.7M | $-65.0M | $-50.0M | $-39.0M | |
| YoY % | +9.9% | -57.7% | -64.0% | +23.1% | +22.0% | |
| Margin % | -19.8% | -24.5% | -39.4% | -30.1% | -18.5% | |
| EV / EBIT | -65.9x | -42.5x | -13.7x | -30.0x | -62.0x | |
| Net Income | $-41.1M | $-75.2M | $-78.5M | $-84.6M | $-51.1M | |
| YoY % | -7.9% | -82.8% | -4.4% | -7.8% | +39.6% | |
| Net Margin | -32.5% | -46.5% | -47.5% | -51.0% | -24.2% | |
| EPS (GAAP) | -$1.72 | -$3.08 | -$3.07 | -$3.00 | -$1.72 | |
| YoY % | -5.5% | -79.1% | +0.3% | +2.3% | +42.7% |