STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $349.4M | $593.4M | $609.5M | $554.1M | $561.9M | |
| YoY % | +12.4% | +69.8% | +2.7% | -9.1% | +1.4% | |
| P / Sales | 0.1x | 0.7x | 0.2x | 0.1x | 0.0x | |
| EV / Sales | 1.2x | 1.4x | 0.8x | 0.8x | 0.8x | |
| Gross Profit, Adj. | $12.5M | $109.5M | $118.8M | $97.4M | $94.6M | |
| YoY % | +152.8% | +774.5% | +8.5% | -18.0% | -2.9% | |
| Margin % | 3.6% | 18.5% | 19.5% | 17.6% | 16.8% | |
| EV / Gross Profit | 34.3x | 7.7x | 4.2x | 4.5x | 4.8x | |
| EBITDA, Adj. | $-3.9M | $93.3M | $59.0M | $46.0M | $34.6M | |
| YoY % | +90.5% | +2508.5% | -36.8% | -22.0% | -24.8% | |
| Margin % | -1.1% | 15.7% | 9.7% | 8.3% | 6.2% | |
| EV / EBITDA | -110.9x | 9.1x | 8.5x | 9.6x | 13.0x | |
| EBIT | $-49.4M | $43.9M | $17.9M | $9.2M | $199,000 | |
| YoY % | +87.2% | +189.0% | -59.3% | -48.5% | -97.8% | |
| Margin % | -14.1% | 7.4% | 2.9% | 1.7% | 0.0% | |
| EV / EBIT | -8.7x | 19.2x | 27.9x | 47.8x | 2261.9x | |
| Net Income | $-64.6M | $14.4M | $-32.2M | $-41.1M | $-51.3M | |
| YoY % | +83.0% | +122.3% | -323.8% | -27.5% | -24.9% | |
| Net Margin | -18.5% | 2.4% | -5.3% | -7.4% | -9.1% | |
| EPS (GAAP) | -$2.13 | $0.45 | -$0.97 | -$1.11 | -$1.25 | |
| YoY % | +83.3% | +121.1% | -315.6% | -14.4% | -12.6% |