STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $79.7M | $208.1M | $195.0M | $164.9M | $147.6M | |
| YoY % | — | +161.0% | -6.3% | -15.5% | -10.4% | |
| P / Sales | 13.3x | 2.3x | 1.7x | 1.3x | 0.9x | |
| EV / Sales | 21.3x | 5.0x | 4.3x | 4.6x | 4.4x | |
| Gross Profit, Adj. | $66.3M | $146.6M | $134.3M | $99.7M | $82.8M | |
| YoY % | — | +121.0% | -8.4% | -25.7% | -16.9% | |
| Margin % | 83.2% | 70.4% | 68.8% | 60.5% | 56.1% | |
| EV / Gross Profit | 25.6x | 7.1x | 6.3x | 7.7x | 7.9x | |
| EBITDA, Adj. | $54.6M | $129.1M | $115.5M | $79.6M | $62.5M | |
| YoY % | — | +136.4% | -10.5% | -31.1% | -21.5% | |
| Margin % | 68.5% | 62.0% | 59.2% | 48.3% | 42.3% | |
| EV / EBITDA | 31.1x | 8.1x | 7.3x | 9.6x | 10.4x | |
| EBIT | $-39.2M | $-68.7M | $-26.7M | $-68.8M | $-95.6M | |
| YoY % | — | -75.2% | +61.1% | -157.7% | -39.1% | |
| Margin % | -49.2% | -33.0% | -13.7% | -41.7% | -64.8% | |
| EV / EBIT | -43.3x | -15.3x | -31.5x | -11.1x | -6.8x | |
| Net Income | $-47.5M | $-97.5M | $-57.3M | $-103.0M | $-139.3M | |
| YoY % | — | -105.3% | +41.2% | -79.8% | -35.2% | |
| Net Margin | -59.6% | -46.8% | -29.4% | -62.5% | -94.4% | |
| EPS (GAAP) | -$0.84 | -$1.72 | -$1.02 | -$1.84 | -$2.48 | |
| YoY % | — | -104.8% | +40.7% | -80.4% | -34.8% |