STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $68.8M | $75.7M | $84.5M | $57.7M | $63.3M | |
| YoY % | +50.9% | +10.1% | +11.6% | -31.8% | +9.7% | |
| P / Sales | 3.0x | 0.8x | 0.3x | 0.7x | 1.6x | |
| EV / Sales | 1.0x | 1.6x | 1.3x | 2.3x | 2.3x | |
| Gross Profit, Adj. | $36.7M | $45.0M | $61.6M | $36.8M | $42.3M | |
| YoY % | +18.4% | +22.5% | +37.0% | -40.3% | +15.1% | |
| Margin % | 53.4% | 59.4% | 72.9% | 63.8% | 66.9% | |
| EV / Gross Profit | 1.9x | 2.8x | 1.7x | 3.6x | 3.5x | |
| EBITDA, Adj. | $-166.1M | $-196.2M | $-128.9M | $-102.0M | $-65.6M | |
| YoY % | -92.9% | -18.1% | +34.3% | +20.9% | +35.7% | |
| Margin % | -241.5% | -259.0% | -152.5% | -176.8% | -103.6% | |
| EV / EBITDA | -0.4x | -0.6x | -0.8x | -1.3x | -2.2x | |
| EBIT | $-188.5M | $-203.6M | $-142.3M | $-110.4M | $-70.2M | |
| YoY % | -100.0% | -8.0% | +30.1% | +22.5% | +36.4% | |
| Margin % | -274.1% | -268.8% | -168.4% | -191.4% | -111.0% | |
| EV / EBIT | -0.4x | -0.6x | -0.8x | -1.2x | -2.1x | |
| Net Income | $-64.7M | $-94.6M | $-68.7M | $-55.9M | $-1.9M | |
| YoY % | -39.1% | -46.2% | +27.4% | +18.6% | +96.6% | |
| Net Margin | -94.1% | -124.9% | -81.3% | -96.9% | -3.0% | |
| EPS (GAAP) | -$11.85 | -$15.97 | -$8.47 | -$2.69 | -$0.07 | |
| YoY % | -21.5% | -34.8% | +47.0% | +68.2% | +97.4% |