STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $23.1M | $25.0M | $36.5M | $46.9M | $40.9M | |
| YoY % | +8.9% | +8.2% | +46.0% | +28.4% | -12.6% | |
| P / Sales | 0.8x | 0.4x | 0.2x | 0.8x | 1.8x | |
| EV / Sales | 1.1x | 0.7x | 0.4x | 0.9x | 1.5x | |
| Gross Profit, Adj. | $6.0M | $9.9M | $16.0M | $21.0M | $18.7M | |
| YoY % | -17.6% | +65.2% | +60.5% | +31.3% | -11.0% | |
| Margin % | 26.1% | 39.8% | 43.7% | 44.7% | 45.6% | |
| EV / Gross Profit | 4.3x | 1.8x | 0.9x | 2.0x | 3.3x | |
| EBITDA, Adj. | $-12.3M | $-3.8M | $2.0M | $7.8M | $3.7M | |
| YoY % | -72.0% | +69.5% | +154.1% | +281.6% | -51.9% | |
| Margin % | -53.4% | -15.0% | 5.6% | 16.6% | 9.1% | |
| EV / EBITDA | -2.1x | -4.8x | 6.9x | 5.4x | 16.4x | |
| EBIT | $-14.5M | $-5.7M | $518,000 | $6.8M | $2.9M | |
| YoY % | -1.5% | +61.2% | +109.2% | +1216.2% | -58.1% | |
| Margin % | -62.9% | -22.6% | 1.4% | 14.5% | 7.0% | |
| EV / EBIT | -1.8x | -3.2x | 27.0x | 6.1x | 21.4x | |
| Net Income | $-18.0M | $-12.6M | $-3.5M | $17.6M | $750,000 | |
| YoY % | +20.3% | +29.8% | +72.2% | +600.9% | -95.7% | |
| Net Margin | -77.8% | -50.5% | -9.6% | 37.6% | 1.8% | |
| EPS (GAAP) | -$13.10 | -$8.98 | -$2.50 | $4.32 | $0.09 | |
| YoY % | +27.2% | +31.5% | +72.2% | +272.8% | -97.9% |