STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $287.4M | $290.3M | $310.9M | $289.4M | $235.1M | |
| YoY % | — | +1.0% | +7.1% | -6.9% | -18.8% | |
| P / Sales | 1.7x | 1.7x | 1.1x | 0.8x | 0.3x | |
| EV / Sales | 1.1x | 1.4x | 0.9x | 0.7x | 0.2x | |
| Gross Profit, Adj. | $195.8M | $204.9M | $187.8M | $171.3M | $139.3M | |
| YoY % | — | +4.7% | -8.3% | -8.8% | -18.7% | |
| Margin % | 68.1% | 70.6% | 60.4% | 59.2% | 59.2% | |
| EV / Gross Profit | 1.6x | 2.0x | 1.6x | 1.2x | 0.3x | |
| EBITDA, Adj. | $27.5M | $20.5M | $43.4M | $38.3M | $17.9M | |
| YoY % | — | -25.4% | +111.5% | -11.7% | -53.2% | |
| Margin % | 9.6% | 7.1% | 13.9% | 13.2% | 7.6% | |
| EV / EBITDA | 11.3x | 20.2x | 6.7x | 5.5x | 2.2x | |
| EBIT | $-3.0M | $-28.1M | $-10.5M | $-32.9M | $-23.9M | |
| YoY % | — | -839.2% | +62.7% | -213.4% | +27.2% | |
| Margin % | -1.0% | -9.7% | -3.4% | -11.4% | -10.2% | |
| EV / EBIT | -104.1x | -14.8x | -27.9x | -6.4x | -1.7x | |
| Net Income | $10.7M | $-17.8M | $-19.4M | $-28.7M | $-28.6M | |
| YoY % | — | -265.6% | -9.1% | -47.9% | +0.2% | |
| Net Margin | 3.7% | -6.1% | -6.2% | -9.9% | -12.2% | |
| EPS (GAAP) | $0.09 | -$0.14 | -$0.15 | -$0.22 | -$0.23 | |
| YoY % | — | -255.6% | -7.1% | -46.7% | -4.5% |