STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $72.4M | $84.8M | $121.2M | $156.7M | $172.3M | |
| YoY % | +6.4% | +17.1% | +42.8% | +29.4% | +9.9% | |
| P / Sales | 1.9x | 1.6x | 1.6x | 2.1x | 2.5x | |
| EV / Sales | 2.4x | 2.7x | 3.6x | 3.6x | 4.3x | |
| Gross Profit, Adj. | $26.8M | $38.5M | $63.4M | $91.9M | $103.3M | |
| YoY % | -19.0% | +43.3% | +64.7% | +45.1% | +12.4% | |
| Margin % | 37.1% | 45.3% | 52.3% | 58.7% | 60.0% | |
| EV / Gross Profit | 6.6x | 6.1x | 6.8x | 6.2x | 7.2x | |
| EBITDA, Adj. | $16.1M | $24.5M | $37.8M | $65.1M | $77.0M | |
| YoY % | -26.5% | +52.3% | +54.4% | +72.2% | +18.3% | |
| Margin % | 22.2% | 28.9% | 31.2% | 41.5% | 44.7% | |
| EV / EBITDA | 11.0x | 9.5x | 11.5x | 8.8x | 9.6x | |
| EBIT | $-12.4M | $181,000 | $10.0M | $32.9M | $37.0M | |
| YoY % | -244.8% | +101.5% | +5411.6% | +229.7% | +12.6% | |
| Margin % | -17.1% | 0.2% | 8.2% | 21.0% | 21.5% | |
| EV / EBIT | -14.2x | 1285.8x | 43.5x | 17.4x | 20.0x | |
| Net Income | $-9.2M | $-569,000 | $4.7M | $17.2M | $19.9M | |
| YoY % | -607.9% | +93.8% | +934.3% | +262.9% | +15.7% | |
| Net Margin | -12.7% | -0.7% | 3.9% | 11.0% | 11.6% | |
| EPS (GAAP) | -$0.70 | -$0.05 | $0.38 | $1.37 | $1.57 | |
| YoY % | -600.0% | +92.9% | +860.0% | +260.5% | +14.6% |