STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $45.2M | $45.5M | $65.4M | $79.9M | $100.0M | |
| YoY % | — | +0.7% | +43.7% | +22.1% | +25.1% | |
| P / Sales | 3.7x | 0.8x | 3.9x | 4.1x | 5.1x | |
| EV / Sales | 4.6x | 2.4x | 4.9x | 5.0x | 5.7x | |
| Gross Profit, Adj. | $33.4M | $32.5M | $48.1M | $59.1M | $77.2M | |
| YoY % | — | -2.8% | +48.1% | +22.8% | +30.7% | |
| Margin % | 74.0% | 71.4% | 73.6% | 73.9% | 77.2% | |
| EV / Gross Profit | 6.2x | 3.3x | 6.7x | 6.8x | 7.4x | |
| EBITDA, Adj. | $-23.4M | $-37.8M | $-27.0M | $-21.5M | $-16.1M | |
| YoY % | — | -61.3% | +28.6% | +20.5% | +25.0% | |
| Margin % | -51.9% | -83.1% | -41.3% | -26.9% | -16.1% | |
| EV / EBITDA | -8.9x | -2.9x | -11.9x | -18.6x | -35.4x | |
| EBIT | $-23.7M | $-40.8M | $-27.2M | $-21.7M | $-16.3M | |
| YoY % | — | -71.9% | +33.4% | +20.3% | +24.6% | |
| Margin % | -52.5% | -89.6% | -41.5% | -27.1% | -16.3% | |
| EV / EBIT | -8.8x | -2.7x | -11.8x | -18.4x | -34.9x | |
| Net Income | $-36.1M | $-47.1M | $-33.0M | $-27.1M | $-21.5M | |
| YoY % | — | -30.5% | +30.0% | +17.6% | +20.9% | |
| Net Margin | -79.9% | -103.4% | -50.4% | -34.0% | -21.5% | |
| EPS (GAAP) | -$2.17 | -$1.91 | -$1.27 | -$0.93 | -$0.66 | |
| YoY % | — | +12.0% | +33.5% | +26.8% | +29.0% |