STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $29.2M | $34.4M | $50.1M | $64.3M | $71.6M | |
| YoY % | +104.9% | +17.8% | +45.7% | +28.1% | +11.5% | |
| P / Sales | 15.9x | 4.7x | 6.9x | 5.2x | 1.3x | |
| EV / Sales | 15.9x | 4.5x | 7.7x | 6.1x | 2.2x | |
| Gross Profit, Adj. | $23.3M | $28.4M | $42.4M | $55.2M | $58.8M | |
| YoY % | +106.2% | +21.9% | +49.3% | +30.2% | +6.6% | |
| Margin % | 79.6% | 82.4% | 84.5% | 85.8% | 82.1% | |
| EV / Gross Profit | 20.0x | 5.5x | 9.1x | 7.1x | 2.7x | |
| EBITDA, Adj. | $-25.7M | $-26.6M | $-41.7M | $-55.5M | $-40.2M | |
| YoY % | +39.1% | -3.5% | -56.7% | -33.1% | +27.5% | |
| Margin % | -87.9% | -77.3% | -83.1% | -86.3% | -56.1% | |
| EV / EBITDA | -18.1x | -5.9x | -9.2x | -7.1x | -4.0x | |
| EBIT | $-26.5M | $-27.5M | $-42.7M | $-56.6M | $-42.5M | |
| YoY % | +37.8% | -3.6% | -55.1% | -32.7% | +24.8% | |
| Margin % | -90.8% | -79.9% | -85.1% | -88.1% | -59.4% | |
| EV / EBIT | -17.5x | -5.7x | -9.0x | -6.9x | -3.7x | |
| Net Income | $-26.6M | $-26.7M | $-35.4M | $-61.8M | $-48.6M | |
| YoY % | +36.8% | -0.3% | -32.7% | -74.8% | +21.4% | |
| Net Margin | -90.9% | -77.5% | -70.6% | -96.3% | -67.8% | |
| EPS (GAAP) | -$1.17 | -$1.07 | -$1.40 | -$2.39 | -$1.74 | |
| YoY % | +43.5% | +8.5% | -30.8% | -70.7% | +27.2% |