STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $318.6M | $313.7M | $344.4M | $378.3M | $371.3M | |
| YoY % | — | -1.6% | +9.8% | +9.9% | -1.9% | |
| P / Sales | 1.8x | 0.9x | 0.9x | 1.8x | 0.8x | |
| EV / Sales | 1.9x | 1.1x | 1.0x | 1.8x | 0.7x | |
| Gross Profit, Adj. | $109.2M | $92.3M | $100.5M | $144.7M | $123.8M | |
| YoY % | — | -15.4% | +8.9% | +43.9% | -14.4% | |
| Margin % | 34.3% | 29.4% | 29.2% | 38.2% | 33.3% | |
| EV / Gross Profit | 5.7x | 3.8x | 3.5x | 4.8x | 2.0x | |
| EBITDA, Adj. | $-32.7M | $-47.0M | $-34.0M | $-3.5M | $-11.4M | |
| YoY % | — | -43.9% | +27.8% | +89.7% | -226.9% | |
| Margin % | -10.3% | -15.0% | -9.9% | -0.9% | -3.1% | |
| EV / EBITDA | -18.9x | -7.5x | -10.2x | -198.5x | -22.2x | |
| EBIT | $-36.8M | $-49.8M | $-38.9M | $-6.3M | $-18.5M | |
| YoY % | — | -35.2% | +21.8% | +83.7% | -191.6% | |
| Margin % | -11.6% | -15.9% | -11.3% | -1.7% | -5.0% | |
| EV / EBIT | -16.8x | -7.1x | -8.9x | -109.4x | -13.7x | |
| Net Income | $-30.3M | $-49.0M | $-39.2M | $-6.1M | $-15.7M | |
| YoY % | — | -61.7% | +20.0% | +84.4% | -156.1% | |
| Net Margin | -9.5% | -15.6% | -11.4% | -1.6% | -4.2% | |
| EPS (GAAP) | -$0.43 | -$0.53 | -$0.42 | -$0.06 | -$0.14 | |
| YoY % | — | -23.3% | +20.8% | +85.7% | -133.3% |