STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $490.1M | $620.7M | $534.9M | $562.2M | $588.9M | |
| YoY % | — | +26.6% | -13.8% | +5.1% | +4.8% | |
| P / Sales | 3.8x | 2.4x | 3.7x | 3.6x | 3.8x | |
| EV / Sales | 5.0x | 3.3x | 4.9x | 4.6x | 4.7x | |
| Gross Profit, Adj. | $327.9M | $403.4M | $407.5M | $437.4M | $456.8M | |
| YoY % | — | +23.0% | +1.0% | +7.3% | +4.4% | |
| Margin % | 66.9% | 65.0% | 76.2% | 77.8% | 77.6% | |
| EV / Gross Profit | 7.4x | 5.1x | 6.4x | 5.9x | 6.0x | |
| EBITDA, Adj. | $74.2M | $80.2M | $107.6M | $126.7M | $127.8M | |
| YoY % | — | +8.0% | +34.2% | +17.7% | +0.8% | |
| Margin % | 15.1% | 12.9% | 20.1% | 22.5% | 21.7% | |
| EV / EBITDA | 32.9x | 25.6x | 24.2x | 20.3x | 21.5x | |
| EBIT | $-27.2M | $-30.6M | $-2.9M | $26.2M | $59.3M | |
| YoY % | — | -12.5% | +90.5% | +997.3% | +126.1% | |
| Margin % | -5.5% | -4.9% | -0.5% | 4.7% | 10.1% | |
| EV / EBIT | -89.7x | -67.1x | -891.2x | 98.1x | 46.5x | |
| Net Income | $-97.1M | $-59.8M | $-45.6M | $-41.1M | $17.6M | |
| YoY % | — | +38.4% | +23.7% | +9.9% | +142.8% | |
| Net Margin | -19.8% | -9.6% | -8.5% | -7.3% | 3.0% | |
| EPS (GAAP) | -$0.82 | -$0.31 | -$0.24 | -$0.22 | $0.10 | |
| YoY % | — | +62.2% | +22.6% | +8.3% | +145.5% |