STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $422.5M | $278.2M | $225.9M | $188.9M | $161.7M | |
| YoY % | +118.5% | -34.2% | -18.8% | -16.4% | -14.4% | |
| P / Sales | 1.9x | 0.9x | 0.7x | 0.5x | 0.6x | |
| EV / Sales | 2.0x | 1.0x | 0.8x | 0.7x | 0.7x | |
| Gross Profit, Adj. | $118.2M | $70.3M | $61.3M | $43.7M | $43.3M | |
| YoY % | +131.6% | -40.6% | -12.8% | -28.6% | -1.0% | |
| Margin % | 28.0% | 25.3% | 27.1% | 23.1% | 26.8% | |
| EV / Gross Profit | 7.1x | 4.1x | 3.1x | 2.9x | 2.5x | |
| EBITDA, Adj. | $27.6M | $-22.9M | $-17.6M | $-25.7M | $-14.2M | |
| YoY % | +153.9% | -183.0% | +23.3% | -46.0% | +44.8% | |
| Margin % | 6.5% | -8.2% | -7.8% | -13.6% | -8.8% | |
| EV / EBITDA | 30.3x | -12.5x | -10.9x | -5.0x | -7.7x | |
| EBIT | $15.0M | $-167.9M | $-49.8M | $-52.0M | $-25.6M | |
| YoY % | +77.8% | -1219.0% | +70.3% | -4.3% | +50.8% | |
| Margin % | 3.6% | -60.4% | -22.1% | -27.5% | -15.8% | |
| EV / EBIT | 55.7x | -1.7x | -3.9x | -2.5x | -4.2x | |
| Net Income | $12.8M | $-163.7M | $-46.5M | $-49.5M | $-24.0M | |
| YoY % | +140.0% | -1380.7% | +71.6% | -6.5% | +51.4% | |
| Net Margin | 3.0% | -58.9% | -20.6% | -26.2% | -14.9% | |
| EPS (GAAP) | $0.21 | -$2.69 | -$0.76 | -$0.82 | -$0.40 | |
| YoY % | +90.9% | -1381.0% | +71.7% | -7.9% | +51.2% |