STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $114.3M | $135.2M | $138.1M | $144.8M | $156.8M | |
| YoY % | — | +18.2% | +2.1% | +4.9% | +8.3% | |
| P / Sales | 10.4x | 2.6x | 3.2x | 2.1x | 3.1x | |
| EV / Sales | 8.3x | 1.4x | 2.3x | 1.9x | 3.2x | |
| Gross Profit, Adj. | $83.2M | $101.0M | $103.1M | $107.4M | $117.4M | |
| YoY % | — | +21.4% | +2.1% | +4.2% | +9.3% | |
| Margin % | 72.8% | 74.7% | 74.7% | 74.2% | 74.9% | |
| EV / Gross Profit | 11.4x | 1.8x | 3.1x | 2.6x | 4.3x | |
| EBITDA, Adj. | $-22.2M | $-67.4M | $-45.7M | $-42.6M | $-44.5M | |
| YoY % | — | -204.1% | +32.2% | +6.8% | -4.4% | |
| Margin % | -19.4% | -49.8% | -33.1% | -29.4% | -28.3% | |
| EV / EBITDA | -42.9x | -2.7x | -6.9x | -6.6x | -11.4x | |
| EBIT | $-23.8M | $-71.8M | $-49.8M | $-61.7M | $-48.1M | |
| YoY % | — | -201.3% | +30.6% | -23.8% | +22.0% | |
| Margin % | -20.8% | -53.1% | -36.1% | -42.6% | -30.7% | |
| EV / EBIT | -39.9x | -2.6x | -6.4x | -4.5x | -10.5x | |
| Net Income | $-24.4M | $-70.8M | $-42.1M | $-55.8M | $-44.4M | |
| YoY % | — | -190.0% | +40.4% | -32.3% | +20.4% | |
| Net Margin | -21.3% | -52.3% | -30.5% | -38.5% | -28.3% | |
| EPS (GAAP) | -$0.73 | -$1.20 | -$0.70 | -$0.93 | -$0.72 | |
| YoY % | — | -64.4% | +41.7% | -32.9% | +22.6% |