STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $22.2M | $70.2M | $90.0M | $107.9M | |
| YoY % | — | +215.6% | +28.3% | +19.8% | |
| P / Sales | 52.2x | 1.5x | 0.9x | 1.7x | |
| EV / Sales | 52.2x | 2.9x | 1.9x | 2.9x | |
| Gross Profit, Adj. | $10.6M | $43.9M | $55.1M | $69.6M | |
| YoY % | — | +315.8% | +25.5% | +26.3% | |
| Margin % | 47.5% | 62.6% | 61.2% | 64.5% | |
| EV / Gross Profit | 109.9x | 4.7x | 3.1x | 4.4x | |
| EBITDA, Adj. | $-23.8M | $-20.5M | $-16.7M | $-5.2M | |
| YoY % | — | +14.0% | +18.5% | +68.8% | |
| Margin % | -107.0% | -29.2% | -18.5% | -4.8% | |
| EV / EBITDA | -48.8x | -10.1x | -10.4x | -59.5x | |
| EBIT | $-26.8M | $-27.3M | $-24.7M | $-14.4M | |
| YoY % | — | -1.8% | +9.5% | +41.7% | |
| Margin % | -120.7% | -38.9% | -27.5% | -13.4% | |
| EV / EBIT | -43.2x | -7.6x | -7.0x | -21.5x | |
| Net Income | $-29.0M | $-43.1M | $-38.1M | $-33.5M | |
| YoY % | — | -48.6% | +11.7% | +12.0% | |
| Net Margin | -130.4% | -61.4% | -42.3% | -31.1% | |
| EPS (GAAP) | -$2.38 | -$1.66 | -$1.16 | -$0.67 | |
| YoY % | — | +30.3% | +30.1% | +42.2% |