STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $270.1M | $242.1M | $209.9M | $198.5M | $261.3M | |
| YoY % | +21.3% | -10.4% | -13.3% | -5.4% | +31.6% | |
| P / Sales | 3.7x | 1.9x | 2.9x | 2.5x | 7.2x | |
| EV / Sales | 3.5x | 1.9x | 2.9x | 2.5x | 7.1x | |
| Gross Profit, Adj. | $77.3M | $50.8M | $46.1M | $33.0M | $78.0M | |
| YoY % | +30.2% | -34.3% | -9.3% | -28.4% | +136.1% | |
| Margin % | 28.6% | 21.0% | 22.0% | 16.6% | 29.8% | |
| EV / Gross Profit | 12.1x | 9.2x | 13.2x | 14.9x | 23.9x | |
| EBITDA, Adj. | $-15.2M | $-35.5M | $-29.9M | $-43.7M | $-9.9M | |
| YoY % | -240.9% | -134.3% | +15.7% | -46.2% | +77.3% | |
| Margin % | -5.6% | -14.7% | -14.3% | -22.0% | -3.8% | |
| EV / EBITDA | -61.6x | -13.1x | -20.3x | -11.2x | -187.5x | |
| EBIT | $-30.2M | $-55.1M | $-46.8M | $-65.6M | $-26.6M | |
| YoY % | -43.6% | -82.4% | +15.1% | -40.3% | +59.5% | |
| Margin % | -11.2% | -22.8% | -22.3% | -33.1% | -10.2% | |
| EV / EBIT | -30.9x | -8.5x | -13.0x | -7.5x | -70.2x | |
| Net Income | $-29.7M | $-54.6M | $-41.7M | $-60.8M | $-23.5M | |
| YoY % | -41.7% | -84.0% | +23.7% | -45.9% | +61.4% | |
| Net Margin | -11.0% | -22.5% | -19.9% | -30.6% | -9.0% | |
| EPS (GAAP) | -$0.70 | -$1.23 | -$0.90 | -$1.27 | -$0.47 | |
| YoY % | -27.3% | -75.7% | +26.8% | -41.1% | +63.0% |