STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $193.1M | $215.5M | $188.0M | $184.5M | $174.7M | |
| YoY % | — | +11.6% | -12.8% | -1.9% | -5.3% | |
| P / Sales | 2.1x | 0.4x | 0.4x | 0.7x | 0.5x | |
| EV / Sales | 2.8x | 0.7x | 0.6x | 0.8x | 0.5x | |
| Gross Profit, Adj. | $185.2M | $200.1M | $175.5M | $175.5M | $165.9M | |
| YoY % | — | +8.1% | -12.3% | +0.0% | -5.5% | |
| Margin % | 95.9% | 92.9% | 93.3% | 95.1% | 94.9% | |
| EV / Gross Profit | 2.9x | 0.7x | 0.6x | 0.8x | 0.5x | |
| EBITDA, Adj. | $3.0M | $-49.2M | $23.0M | $28.0M | $21.9M | |
| YoY % | — | -1727.0% | +146.8% | +21.9% | -21.8% | |
| Margin % | 1.6% | -22.8% | 12.2% | 15.2% | 12.6% | |
| EV / EBITDA | 177.9x | -2.9x | 4.5x | 5.1x | 3.9x | |
| EBIT | $-8.2M | $-69.6M | $-18.5M | $14.8M | $766,000 | |
| YoY % | — | -751.3% | +73.5% | +180.0% | -94.8% | |
| Margin % | -4.2% | -32.3% | -9.8% | 8.0% | 0.4% | |
| EV / EBIT | -65.7x | -2.1x | -5.6x | 9.7x | 111.9x | |
| Net Income | $60.4M | $-116.0M | $-9.9M | $7.6M | $2.0M | |
| YoY % | — | -292.1% | +91.5% | +177.2% | -74.3% | |
| Net Margin | 31.3% | -53.8% | -5.3% | 4.1% | 1.1% | |
| EPS (GAAP) | -$0.18 | -$1.36 | -$0.11 | $0.08 | $0.02 | |
| YoY % | — | -655.6% | +91.9% | +172.7% | -75.0% |