STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $146.3M | $262.1M | $351.4M | $374.8M | $422.7M | |
| YoY % | — | +79.2% | +34.1% | +6.7% | +12.8% | |
| P / Sales | 1.7x | 0.3x | 0.3x | 0.6x | 0.6x | |
| EV / Sales | 2.1x | 0.6x | 0.4x | 0.7x | 0.9x | |
| Gross Profit, Adj. | $51.7M | $74.2M | $94.6M | $102.3M | $109.3M | |
| YoY % | — | +43.5% | +27.6% | +8.1% | +6.8% | |
| Margin % | 35.3% | 28.3% | 26.9% | 27.3% | 25.8% | |
| EV / Gross Profit | 6.0x | 2.1x | 1.7x | 2.6x | 3.6x | |
| EBITDA, Adj. | $7.8M | $7.4M | $21.7M | $29.2M | $28.3M | |
| YoY % | — | -5.8% | +193.7% | +34.7% | -3.2% | |
| Margin % | 5.4% | 2.8% | 6.2% | 7.8% | 6.7% | |
| EV / EBITDA | 39.5x | 21.1x | 7.3x | 9.0x | 14.0x | |
| EBIT | $-13.4M | $-50.5M | $-26.6M | $11.0M | $11.0M | |
| YoY % | — | -277.3% | +47.3% | +141.3% | -0.1% | |
| Margin % | -9.2% | -19.3% | -7.6% | 2.9% | 2.6% | |
| EV / EBIT | -23.2x | -3.1x | -5.9x | 23.9x | 36.1x | |
| Net Income | $-27.7M | $-52.7M | $-28.3M | $-3.1M | $-36.1M | |
| YoY % | — | -90.0% | +46.3% | +89.0% | -1060.2% | |
| Net Margin | -19.0% | -20.1% | -8.1% | -0.8% | -8.5% | |
| EPS (GAAP) | -$0.68 | -$0.84 | -$0.38 | -$0.04 | -$0.44 | |
| YoY % | — | -23.5% | +54.8% | +89.5% | -1000.0% |