STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $198.9M | $205.6M | $245.3M | $297.2M | $376.1M | |
| YoY % | -6.3% | +3.4% | +19.3% | +21.1% | +26.6% | |
| P / Sales | 31.5x | 39.6x | 34.0x | 26.6x | 35.1x | |
| EV / Sales | 31.6x | 39.7x | 34.8x | 27.0x | 35.3x | |
| Gross Profit, Adj. | $177.7M | $188.1M | $220.1M | $261.8M | $330.6M | |
| YoY % | -5.8% | +5.8% | +17.0% | +18.9% | +26.3% | |
| Margin % | 89.4% | 91.5% | 89.7% | 88.1% | 87.9% | |
| EV / Gross Profit | 35.3x | 43.4x | 38.7x | 30.7x | 40.1x | |
| EBITDA, Adj. | $30.6M | $16.9M | $10.5M | $7.4M | $37.1M | |
| YoY % | -63.1% | -44.7% | -37.6% | -29.3% | +397.5% | |
| Margin % | 15.4% | 8.2% | 4.3% | 2.5% | 9.9% | |
| EV / EBITDA | 205.6x | 482.5x | 809.1x | 1077.9x | 358.2x | |
| EBIT | $10.9M | $3.7M | $-5.4M | $-8.6M | $25.8M | |
| YoY % | -85.3% | -66.1% | -245.2% | -60.0% | +399.8% | |
| Margin % | 5.5% | 1.8% | -2.2% | -2.9% | 6.9% | |
| EV / EBIT | 574.1x | 2197.6x | -1582.7x | -931.3x | 513.7x | |
| Net Income | $16.0M | $13.7M | $-10.5M | $-11.8M | $2.9M | |
| YoY % | -57.6% | -14.5% | -177.1% | -12.3% | +124.1% | |
| Net Margin | 8.0% | 6.7% | -4.3% | -4.0% | 0.8% | |
| EPS (GAAP) | $0.02 | $0.02 | -$0.02 | -$0.02 | $0.00 | |
| YoY % | -66.7% | — | -200.0% | — | +100.0% |