STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $140.7M | $162.7M | $193.4M | $190.2M | $179.0M | |
| YoY % | — | +15.6% | +18.9% | -1.6% | -5.9% | |
| P / Sales | 2.5x | 1.2x | 1.6x | 1.0x | 0.7x | |
| EV / Sales | 2.1x | 0.9x | 1.5x | 0.8x | 0.7x | |
| Gross Profit, Adj. | $94.0M | $112.9M | $136.4M | $128.4M | $103.8M | |
| YoY % | — | +20.2% | +20.8% | -5.9% | -19.2% | |
| Margin % | 66.8% | 69.4% | 70.6% | 67.5% | 58.0% | |
| EV / Gross Profit | 3.1x | 1.4x | 2.1x | 1.2x | 1.2x | |
| EBITDA, Adj. | $-87.1M | $-84.3M | $-50.8M | $-62.5M | $-54.2M | |
| YoY % | — | +3.2% | +39.7% | -23.1% | +13.3% | |
| Margin % | -61.9% | -51.8% | -26.3% | -32.9% | -30.3% | |
| EV / EBITDA | -3.4x | -1.8x | -5.6x | -2.6x | -2.3x | |
| EBIT | $-96.5M | $-90.8M | $-57.6M | $-70.1M | $-61.9M | |
| YoY % | — | +5.9% | +36.6% | -21.8% | +11.8% | |
| Margin % | -68.6% | -55.8% | -29.8% | -36.9% | -34.6% | |
| EV / EBIT | -3.0x | -1.7x | -4.9x | -2.3x | -2.0x | |
| Net Income | $-3.8M | $-35.4M | $-40.2M | $-42.6M | $-39.9M | |
| YoY % | — | -836.7% | -13.5% | -6.0% | +6.3% | |
| Net Margin | -2.7% | -21.8% | -20.8% | -22.4% | -22.3% | |
| EPS (GAAP) | -$0.05 | -$0.41 | -$0.41 | -$0.38 | -$0.33 | |
| YoY % | — | -720.0% | — | +7.3% | +13.2% |