STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $59.8M | $75.6M | $73.9M | $83.8M | $86.2M | |
| YoY % | +34.0% | +26.4% | -2.2% | +13.4% | +2.9% | |
| P / Sales | 1.0x | 0.4x | 0.8x | 1.1x | 0.4x | |
| EV / Sales | 1.1x | 0.5x | 1.0x | 1.3x | 0.6x | |
| Gross Profit, Adj. | $43.9M | $45.4M | $63.4M | $71.8M | $64.2M | |
| YoY % | +20.8% | +3.3% | +39.8% | +13.1% | -10.5% | |
| Margin % | 73.4% | 60.0% | 85.8% | 85.6% | 74.5% | |
| EV / Gross Profit | 1.4x | 0.9x | 1.1x | 1.5x | 0.7x | |
| EBITDA, Adj. | $-4.6M | $-10.1M | $-7.6M | $-3.0M | $-4.5M | |
| YoY % | +3.8% | -117.2% | +24.0% | +60.8% | -48.8% | |
| Margin % | -7.7% | -13.3% | -10.3% | -3.6% | -5.2% | |
| EV / EBITDA | -13.6x | -3.9x | -9.2x | -35.6x | -10.7x | |
| EBIT | $-7.8M | $-12.6M | $-10.4M | $-5.5M | $-6.7M | |
| YoY % | +3.5% | -62.8% | +17.8% | +46.9% | -21.4% | |
| Margin % | -13.0% | -16.7% | -14.1% | -6.6% | -7.8% | |
| EV / EBIT | -8.1x | -3.1x | -6.8x | -19.4x | -7.2x | |
| Net Income | $-7.6M | $-13.1M | $-10.4M | $-5.8M | $-5.1M | |
| YoY % | -4.1% | -72.4% | +20.7% | +44.5% | +11.6% | |
| Net Margin | -12.7% | -17.3% | -14.1% | -6.9% | -5.9% | |
| EPS (GAAP) | -$0.60 | -$1.10 | -$0.80 | -$0.41 | -$0.35 | |
| YoY % | +33.3% | -83.3% | +27.3% | +48.8% | +14.6% |