STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $102.4M | $139.9M | $211.7M | $245.9M | $245.4M | |
| YoY % | — | +36.6% | +51.3% | +16.2% | -0.2% | |
| P / Sales | 1.9x | 1.1x | 0.9x | 0.5x | 0.5x | |
| EV / Sales | 1.9x | 1.4x | 1.5x | 1.0x | 1.1x | |
| Gross Profit, Adj. | $74.2M | $106.6M | $153.8M | $177.0M | $177.2M | |
| YoY % | — | +43.8% | +44.2% | +15.1% | +0.1% | |
| Margin % | 72.5% | 76.3% | 72.6% | 72.0% | 72.2% | |
| EV / Gross Profit | 2.6x | 1.8x | 2.0x | 1.4x | 1.5x | |
| EBITDA, Adj. | $16.5M | $23.7M | $40.1M | $46.0M | $41.3M | |
| YoY % | — | +44.1% | +69.2% | +14.6% | -10.3% | |
| Margin % | 16.1% | 17.0% | 19.0% | 18.7% | 16.8% | |
| EV / EBITDA | 11.7x | 8.2x | 7.8x | 5.4x | 6.6x | |
| EBIT | $-1.6M | $-109,000 | $4.0M | $1.0M | $-5.0M | |
| YoY % | — | +93.0% | +3812.8% | -75.1% | -600.8% | |
| Margin % | -1.5% | -0.1% | 1.9% | 0.4% | -2.1% | |
| EV / EBIT | -123.6x | -1793.9x | 76.9x | 246.0x | -53.7x | |
| Net Income | $-6.2M | $4.8M | $-2.8M | $-6.8M | $-10.7M | |
| YoY % | — | +178.4% | -157.5% | -142.9% | -58.2% | |
| Net Margin | -6.0% | 3.5% | -1.3% | -2.8% | -4.4% | |
| EPS (GAAP) | -$0.20 | $0.13 | -$0.07 | -$0.16 | -$0.24 | |
| YoY % | — | +165.0% | -153.8% | -128.6% | -50.0% |