STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $71.5M | $129.7M | $131.2M | $160.3M | $122.9M | |
| YoY % | +19.4% | +81.4% | +1.2% | +22.2% | -23.3% | |
| P / Sales | 2.1x | 1.4x | 1.2x | 0.8x | 0.9x | |
| EV / Sales | 2.3x | 1.7x | 1.6x | 1.0x | 1.1x | |
| Gross Profit, Adj. | $33.0M | $55.6M | $56.3M | $64.4M | $51.7M | |
| YoY % | +22.8% | +68.3% | +1.2% | +14.4% | -19.7% | |
| Margin % | 46.2% | 42.9% | 42.9% | 40.1% | 42.1% | |
| EV / Gross Profit | 5.0x | 3.9x | 3.8x | 2.5x | 2.7x | |
| EBITDA, Adj. | $2.0M | $4.7M | $2.0M | $7.0M | $-927,000 | |
| YoY % | +246.8% | +138.2% | -57.6% | +252.6% | -113.3% | |
| Margin % | 2.7% | 3.6% | 1.5% | 4.3% | -0.8% | |
| EV / EBITDA | 84.3x | 46.4x | 107.9x | 23.5x | -151.1x | |
| EBIT | $-2.5M | $-3.0M | $-6.4M | $-2.9M | $-11.0M | |
| YoY % | +69.8% | -20.8% | -110.9% | +55.0% | -284.4% | |
| Margin % | -3.5% | -2.3% | -4.8% | -1.8% | -8.9% | |
| EV / EBIT | -66.1x | -71.7x | -33.5x | -57.2x | -12.7x | |
| Net Income | $-4.0M | $-5.4M | $-9.0M | $-4.5M | $-11.4M | |
| YoY % | +62.3% | -32.6% | -67.5% | +49.7% | -151.8% | |
| Net Margin | -5.7% | -4.1% | -6.8% | -2.8% | -9.3% | |
| EPS (GAAP) | -$0.14 | -$0.16 | -$0.25 | -$0.12 | -$0.29 | |
| YoY % | +66.7% | -14.3% | -56.3% | +52.0% | -141.7% |