STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $40.3M | $46.1M | $51.6M | $61.0M | $71.5M | |
| YoY % | +7.2% | +14.3% | +12.0% | +18.2% | +17.2% | |
| P / Sales | 4.6x | 3.3x | 2.4x | 3.3x | 3.1x | |
| EV / Sales | 4.8x | 3.7x | 2.6x | 3.5x | 3.1x | |
| Gross Profit, Adj. | $28.9M | $33.3M | $37.8M | $45.3M | $54.3M | |
| YoY % | +7.7% | +15.5% | +13.5% | +19.7% | +20.0% | |
| Margin % | 71.6% | 72.4% | 73.3% | 74.2% | 76.0% | |
| EV / Gross Profit | 6.7x | 5.1x | 3.6x | 4.8x | 4.1x | |
| EBITDA, Adj. | $-5.0M | $-3.6M | $-41,000 | $3.8M | $9.0M | |
| YoY % | -27.6% | +26.6% | +98.9% | +9285.4% | +138.9% | |
| Margin % | -12.3% | -7.9% | -0.1% | 6.2% | 12.6% | |
| EV / EBITDA | -39.1x | -46.8x | -3330.0x | 57.2x | 24.5x | |
| EBIT | $-5.5M | $-4.1M | $-662,000 | $3.1M | $8.3M | |
| YoY % | -19.9% | +25.1% | +83.9% | +566.3% | +169.0% | |
| Margin % | -13.6% | -8.9% | -1.3% | 5.1% | 11.6% | |
| EV / EBIT | -35.3x | -41.4x | -206.2x | 69.8x | 26.6x | |
| Net Income | $-5.3M | $-2.3M | $3.7M | $7.0M | $12.0M | |
| YoY % | -31.8% | +57.1% | +264.5% | +87.7% | +72.1% | |
| Net Margin | -13.1% | -4.9% | 7.2% | 11.4% | 16.8% | |
| EPS (GAAP) | -$0.37 | -$0.16 | $0.24 | $0.43 | $0.71 | |
| YoY % | -27.6% | +56.8% | +250.0% | +79.2% | +65.1% |