STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $36.8M | $47.6M | $65.0M | $60.7M | $58.4M | |
| YoY % | -7.8% | +29.5% | +36.4% | -6.5% | -3.9% | |
| P / Sales | 1.7x | — | 0.2x | 0.1x | 2.4x | |
| EV / Sales | 25.5x | — | 16.4x | 16.7x | 19.4x | |
| Gross Profit, Adj. | $29.7M | $36.9M | $34.5M | $28.4M | $29.6M | |
| YoY % | +13.6% | +24.2% | -6.4% | -17.6% | +4.2% | |
| Margin % | 80.7% | 77.4% | 53.1% | 46.8% | 50.8% | |
| EV / Gross Profit | 31.6x | — | 30.8x | 35.6x | 38.2x | |
| EBITDA, Adj. | $5.0M | $7.8M | $-4.5M | $-16.1M | $-12.7M | |
| YoY % | +220.6% | +54.7% | -158.3% | -255.7% | +21.4% | |
| Margin % | 13.6% | 16.3% | -7.0% | -26.5% | -21.7% | |
| EV / EBITDA | 187.4x | — | -234.8x | -62.9x | -89.4x | |
| EBIT | $5.0M | $7.8M | $-5.6M | $-16.1M | $-12.7M | |
| YoY % | +220.6% | +54.7% | -172.6% | -185.8% | +21.4% | |
| Margin % | 13.6% | 16.3% | -8.7% | -26.5% | -21.7% | |
| EV / EBIT | 187.4x | — | -188.7x | -62.9x | -89.4x | |
| Net Income | $5.1M | $6.2M | $-4.2M | $-39.9M | $-12.7M | |
| YoY % | +233.4% | +20.9% | -167.8% | -854.3% | +68.1% | |
| Net Margin | 13.9% | 12.9% | -6.4% | -65.7% | -21.8% | |
| EPS (GAAP) | $1.29 | $1.55 | -$1.05 | -$10.03 | -$0.17 | |
| YoY % | +233.0% | +20.2% | -167.7% | -855.2% | +98.3% |