STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $30.0M | $41.1M | $36.2M | $35.9M | $31.2M | |
| YoY % | +67.1% | +36.9% | -11.9% | -0.9% | -12.9% | |
| P / Sales | 0.7x | 0.9x | 0.9x | 1.3x | 2.6x | |
| EV / Sales | -1.3x | 0.6x | 0.3x | 0.4x | 1.2x | |
| Gross Profit, Adj. | $15.6M | $16.4M | $14.6M | $14.7M | $15.0M | |
| YoY % | +54.5% | +5.1% | -10.8% | +0.6% | +2.3% | |
| Margin % | 51.8% | 39.8% | 40.3% | 40.9% | 48.1% | |
| EV / Gross Profit | -2.4x | 1.6x | 0.7x | 1.1x | 2.5x | |
| EBITDA, Adj. | $-4.3M | $-4.8M | $-9.2M | $-14.2M | $-1.2M | |
| YoY % | +6.0% | -12.5% | -90.9% | -54.8% | +91.4% | |
| Margin % | -14.2% | -11.7% | -25.3% | -39.6% | -3.9% | |
| EV / EBITDA | 8.9x | -5.4x | -1.1x | -1.1x | -31.0x | |
| EBIT | $-5.4M | $-5.6M | $-9.9M | $-19.5M | $-1.9M | |
| YoY % | +48.9% | -5.1% | -75.5% | -97.1% | +90.5% | |
| Margin % | -17.8% | -13.7% | -27.3% | -54.3% | -6.0% | |
| EV / EBIT | 7.1x | -4.6x | -1.0x | -0.8x | -20.4x | |
| Net Income | $-3.1M | $-4.5M | $-7.3M | $-18.9M | $42,326 | |
| YoY % | +70.1% | -42.3% | -64.4% | -156.5% | +100.2% | |
| Net Margin | -10.5% | -10.9% | -20.3% | -52.5% | 0.1% | |
| EPS (GAAP) | $0.20 | -$0.29 | -$0.45 | -$1.10 | — | |
| YoY % | +120.0% | -245.0% | -55.2% | -144.4% | — |