STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $198.3M | $229.3M | $198.7M | $124.9M | $109.9M | |
| YoY % | — | +15.6% | -13.3% | -37.1% | -12.0% | |
| P / Sales | 3.0x | 1.5x | 0.7x | 0.9x | 0.6x | |
| EV / Sales | 2.9x | 1.6x | 1.1x | 1.9x | 2.1x | |
| Gross Profit, Adj. | $198.3M | $229.3M | $198.7M | $124.9M | $109.9M | |
| YoY % | — | +15.6% | -13.3% | -37.1% | -12.0% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | 2.9x | 1.6x | 1.1x | 1.9x | 2.1x | |
| EBITDA, Adj. | $57.5M | $26.2M | $6.9M | $-21.0M | $-24.8M | |
| YoY % | — | -54.4% | -73.9% | -406.5% | -18.0% | |
| Margin % | 29.0% | 11.4% | 3.4% | -16.8% | -22.6% | |
| EV / EBITDA | 9.9x | 14.4x | 33.3x | -11.2x | -9.5x | |
| EBIT | $35.0M | $2.9M | $-27.3M | $-50.8M | $-46.5M | |
| YoY % | — | -91.6% | -1029.1% | -86.3% | +8.5% | |
| Margin % | 17.7% | 1.3% | -13.7% | -40.7% | -42.3% | |
| EV / EBIT | 16.2x | 128.4x | -8.4x | -4.6x | -5.1x | |
| Net Income | $22.6M | $-2.2M | $-30.3M | $-49.8M | $-68.5M | |
| YoY % | — | -109.9% | -1263.1% | -64.2% | -37.5% | |
| Net Margin | 11.4% | -1.0% | -15.3% | -39.9% | -62.3% | |
| EPS (GAAP) | $0.35 | -$0.03 | -$0.51 | -$0.78 | -$1.01 | |
| YoY % | — | -108.6% | -1600.0% | -52.9% | -29.5% |