STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $98.0M | $122.3M | $148.7M | $204.7M | $236.3M | |
| YoY % | +37.9% | +24.7% | +21.6% | +37.6% | +15.4% | |
| P / Sales | 11.8x | 7.0x | 5.0x | 2.6x | 1.8x | |
| EV / Sales | 12.5x | 7.3x | 5.2x | 3.0x | 2.4x | |
| Gross Profit, Adj. | $73.4M | $90.7M | $111.3M | $148.6M | $172.7M | |
| YoY % | +33.4% | +23.5% | +22.7% | +33.6% | +16.2% | |
| Margin % | 74.9% | 74.1% | 74.8% | 72.6% | 73.1% | |
| EV / Gross Profit | 16.7x | 9.9x | 7.0x | 4.1x | 3.2x | |
| EBITDA, Adj. | $-7.2M | $-8.7M | $-8.4M | $-10.4M | $-7.9M | |
| YoY % | +42.0% | -20.8% | +3.6% | -24.6% | +24.5% | |
| Margin % | -7.3% | -7.1% | -5.6% | -5.1% | -3.3% | |
| EV / EBITDA | -170.2x | -103.4x | -93.0x | -58.4x | -71.0x | |
| EBIT | $-16.2M | $531,000 | $-26.8M | $-35.0M | $-39.2M | |
| YoY % | +46.4% | +103.3% | -5137.9% | -30.9% | -12.1% | |
| Margin % | -16.5% | 0.4% | -18.0% | -17.1% | -16.6% | |
| EV / EBIT | -75.5x | 1691.7x | -29.1x | -17.4x | -14.2x | |
| Net Income | $-16.3M | $1.3M | $-21.0M | $-37.8M | $-39.6M | |
| YoY % | +50.6% | +107.7% | -1767.2% | -80.3% | -4.8% | |
| Net Margin | -16.6% | 1.0% | -14.1% | -18.5% | -16.8% | |
| EPS (GAAP) | -$0.84 | $0.06 | -$0.92 | -$1.64 | -$1.69 | |
| YoY % | +53.8% | +107.1% | -1633.3% | -78.3% | -3.0% |