STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $13.9M | $15.6M | $19.2M | $32.6M | $40.9M | |
| YoY % | +82.7% | +12.3% | +23.7% | +69.2% | +25.7% | |
| P / Sales | 2.9x | 0.2x | 7.3x | 7.5x | 0.9x | |
| EV / Sales | 2.1x | 0.1x | 7.3x | 7.3x | 1.3x | |
| Gross Profit, Adj. | $10.3M | $10.3M | $13.2M | $23.2M | $26.9M | |
| YoY % | +106.9% | -0.6% | +28.6% | +75.9% | +16.0% | |
| Margin % | 74.4% | 65.9% | 68.5% | 71.2% | 65.7% | |
| EV / Gross Profit | 2.8x | 0.2x | 10.6x | 10.2x | 1.9x | |
| EBITDA, Adj. | $-9.9M | $-10.1M | $-7.7M | $-6.0M | $-13.5M | |
| YoY % | +4.3% | -1.8% | +23.8% | +22.2% | -125.7% | |
| Margin % | -71.8% | -65.1% | -40.1% | -18.4% | -33.1% | |
| EV / EBITDA | -2.9x | -0.2x | -18.2x | -39.4x | -3.8x | |
| EBIT | $-10.3M | $-10.7M | $-8.2M | $-6.2M | $-14.4M | |
| YoY % | +2.1% | -3.8% | +22.9% | +24.6% | -132.0% | |
| Margin % | -74.2% | -68.6% | -42.8% | -19.1% | -35.2% | |
| EV / EBIT | -2.8x | -0.2x | -17.0x | -38.1x | -3.6x | |
| Net Income | $-11.0M | $-10.7M | $-8.1M | $-6.2M | $-15.6M | |
| YoY % | +10.0% | +2.6% | +24.0% | +24.1% | -151.9% | |
| Net Margin | -79.5% | -68.9% | -42.3% | -19.0% | -38.1% | |
| EPS (GAAP) | -$1.89 | -$1.52 | -$0.28 | -$0.16 | -$0.37 | |
| YoY % | +48.5% | +19.6% | +81.6% | +42.9% | -131.3% |