STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $418.5M | $404.1M | $287.9M | $500.2M | $692.5M | |
| YoY % | +20.6% | -3.4% | -28.8% | +73.7% | +38.5% | |
| P / Sales | 1.1x | 1.1x | 1.4x | 1.5x | 1.5x | |
| EV / Sales | 1.1x | 1.2x | 1.4x | 1.4x | 1.4x | |
| Gross Profit, Adj. | $394.6M | $380.1M | $265.5M | $479.3M | $673.1M | |
| YoY % | +21.2% | -3.7% | -30.2% | +80.5% | +40.5% | |
| Margin % | 94.3% | 94.1% | 92.2% | 95.8% | 97.2% | |
| EV / Gross Profit | 1.2x | 1.2x | 1.5x | 1.5x | 1.4x | |
| EBITDA, Adj. | $-15.8M | $-23.1M | $-22.4M | $37.4M | $70.4M | |
| YoY % | -159.9% | -46.2% | +3.1% | +267.4% | +88.1% | |
| Margin % | -3.8% | -5.7% | -7.8% | 7.5% | 10.2% | |
| EV / EBITDA | -30.4x | -20.2x | -17.4x | 18.9x | 13.3x | |
| EBIT | $-21.9M | $-24.8M | $-52.0M | $31.8M | $58.3M | |
| YoY % | -87.7% | -13.1% | -109.7% | +161.1% | +83.7% | |
| Margin % | -5.2% | -6.1% | -18.1% | 6.3% | 8.4% | |
| EV / EBIT | -21.9x | -18.8x | -7.5x | 22.2x | 16.1x | |
| Net Income | $-19.4M | $-24.4M | $-51.3M | $32.2M | $99.3M | |
| YoY % | -73.5% | -25.6% | -110.1% | +162.7% | +208.7% | |
| Net Margin | -4.6% | -6.0% | -17.8% | 6.4% | 14.3% | |
| EPS (GAAP) | -$0.67 | -$0.77 | -$1.54 | $0.88 | $2.63 | |
| YoY % | -63.4% | -14.9% | -100.0% | +157.1% | +198.9% |