STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $446.1M | $503.6M | $629.4M | $255.3M | $224.3M | |
| YoY % | +12.0% | +12.9% | +25.0% | -59.4% | -12.1% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $206.7M | $275.1M | $359.9M | $153.5M | $145.9M | |
| YoY % | +17.3% | +33.1% | +30.8% | -57.4% | -5.0% | |
| Margin % | 46.3% | 54.6% | 57.2% | 60.1% | 65.0% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $-12.8M | $-10.9M | $-7.2M | $-20,000 | $9.6M | |
| YoY % | -303.4% | +15.2% | +33.6% | +99.7% | +47935.0% | |
| Margin % | -2.9% | -2.2% | -1.1% | -0.0% | 4.3% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-16.1M | $-14.2M | $-10.4M | $-2.2M | $8.0M | |
| YoY % | -518.0% | +11.6% | +27.0% | +78.7% | +459.2% | |
| Margin % | -3.6% | -2.8% | -1.7% | -0.9% | 3.6% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $13.1M | $-56.6M | $-9.6M | $-2.5M | $8.3M | |
| YoY % | -1.4% | -531.0% | +83.1% | +74.0% | +432.6% | |
| Net Margin | 2.9% | -11.2% | -1.5% | -1.0% | 3.7% | |
| EPS (GAAP) | $0.36 | -$0.25 | -$0.04 | -$0.01 | $0.04 | |
| YoY % | — | -169.4% | +84.0% | +75.0% | +500.0% |