STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $211.3M | $310.5M | $312.9M | $350.6M | $411.8M | |
| YoY % | +89.9% | +47.0% | +0.8% | +12.0% | +17.5% | |
| P / Sales | 10.5x | 2.5x | 3.2x | 5.1x | 1.9x | |
| EV / Sales | 10.0x | 1.8x | 2.5x | 4.3x | 1.2x | |
| Gross Profit, Adj. | $87.7M | $120.6M | $113.1M | $127.0M | $142.3M | |
| YoY % | +110.8% | +37.5% | -6.2% | +12.2% | +12.1% | |
| Margin % | 41.5% | 38.8% | 36.2% | 36.2% | 34.6% | |
| EV / Gross Profit | 24.1x | 4.7x | 6.9x | 12.0x | 3.6x | |
| EBITDA, Adj. | $5.1M | $-14.4M | $6.5M | $16.6M | $22.9M | |
| YoY % | +139.9% | -382.1% | +145.5% | +154.4% | +37.7% | |
| Margin % | 2.4% | -4.6% | 2.1% | 4.7% | 5.6% | |
| EV / EBITDA | 414.3x | -39.5x | 119.4x | 91.3x | 22.4x | |
| EBIT | $50,000 | $-21.0M | $-5.6M | $-2.1M | $-1.9M | |
| YoY % | +100.3% | -42116.0% | +73.4% | +62.3% | +10.0% | |
| Margin % | 0.0% | -6.8% | -1.8% | -0.6% | -0.5% | |
| EV / EBIT | 42254.0x | -27.1x | -139.9x | -721.3x | -270.9x | |
| Net Income | $-7.7M | $-29.2M | $-1.8M | $4.0M | $9.7M | |
| YoY % | +38.9% | -279.4% | +94.0% | +329.0% | +139.2% | |
| Net Margin | -3.6% | -9.4% | -0.6% | 1.2% | 2.3% | |
| EPS (GAAP) | -$0.13 | -$0.42 | -$0.02 | $0.05 | $0.11 | |
| YoY % | +53.6% | -223.1% | +95.2% | +350.0% | +120.0% |