STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $206.7M | $280.0M | $349.9M | $428.5M | $531.8M | |
| YoY % | +37.0% | +35.5% | +24.9% | +22.5% | +24.1% | |
| P / Sales | 13.6x | 7.8x | 9.9x | 7.5x | 13.6x | |
| EV / Sales | 14.3x | 8.5x | 10.5x | 8.2x | 14.4x | |
| Gross Profit, Adj. | $164.9M | $217.8M | $272.8M | $330.2M | $408.4M | |
| YoY % | +34.7% | +32.1% | +25.3% | +21.0% | +23.7% | |
| Margin % | 79.8% | 77.8% | 78.0% | 77.1% | 76.8% | |
| EV / Gross Profit | 18.0x | 11.0x | 13.5x | 10.7x | 18.7x | |
| EBITDA, Adj. | $-59.6M | $-75.2M | $-60.2M | $-69.6M | $-67.3M | |
| YoY % | -466.1% | -26.1% | +19.9% | -15.6% | +3.3% | |
| Margin % | -28.8% | -26.8% | -17.2% | -16.3% | -12.7% | |
| EV / EBITDA | -49.7x | -31.7x | -60.9x | -50.7x | -113.4x | |
| EBIT | $-68.4M | $-89.8M | $-75.5M | $-91.1M | $-91.9M | |
| YoY % | -381.7% | -31.4% | +15.9% | -20.6% | -0.8% | |
| Margin % | -33.1% | -32.1% | -21.6% | -21.3% | -17.3% | |
| EV / EBIT | -43.3x | -26.5x | -48.6x | -38.8x | -83.1x | |
| Net Income | $-64.2M | $-90.2M | $-61.3M | $-69.2M | $-71.8M | |
| YoY % | -582.6% | -40.5% | +32.1% | -13.0% | -3.7% | |
| Net Margin | -31.1% | -32.2% | -17.5% | -16.2% | -13.5% | |
| EPS (GAAP) | -$0.68 | -$0.91 | -$0.59 | -$0.63 | -$0.62 | |
| YoY % | -240.0% | -33.8% | +35.2% | -6.8% | +1.6% |