STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $11.6M | $19.9M | $34.9M | $46.0M | $48.5M | |
| YoY % | +25.4% | +72.1% | +75.4% | +31.8% | +5.3% | |
| P / Sales | 23.3x | 3.7x | 5.7x | 2.9x | 3.4x | |
| EV / Sales | 23.2x | 5.3x | 6.9x | 3.9x | 3.9x | |
| Gross Profit, Adj. | $7.0M | $9.0M | $18.4M | $22.7M | $27.1M | |
| YoY % | +22.9% | +28.5% | +104.1% | +23.1% | +19.3% | |
| Margin % | 60.7% | 45.3% | 52.8% | 49.3% | 55.9% | |
| EV / Gross Profit | 38.2x | 11.8x | 13.1x | 7.9x | 7.1x | |
| EBITDA, Adj. | $-28.7M | $-44.2M | $-34.2M | $-35.6M | $-20.1M | |
| YoY % | -184.7% | -53.6% | +22.5% | -3.9% | +43.5% | |
| Margin % | -248.3% | -221.7% | -98.0% | -77.2% | -41.5% | |
| EV / EBITDA | -9.3x | -2.4x | -7.1x | -5.0x | -9.5x | |
| EBIT | $-31.8M | $-85.8M | $-42.1M | $-54.3M | $-28.9M | |
| YoY % | -168.7% | -169.5% | +50.9% | -29.0% | +46.8% | |
| Margin % | -275.0% | -430.6% | -120.6% | -118.0% | -59.6% | |
| EV / EBIT | -8.4x | -1.2x | -5.7x | -3.3x | -6.6x | |
| Net Income | $-26.9M | $-83.1M | $-45.7M | $-61.4M | $-31.5M | |
| YoY % | -76.2% | -208.6% | +45.0% | -34.4% | +48.8% | |
| Net Margin | -232.7% | -417.2% | -130.8% | -133.4% | -64.9% | |
| EPS (GAAP) | -$0.66 | -$1.67 | -$0.72 | -$0.71 | -$0.26 | |
| YoY % | -3.1% | -153.0% | +56.9% | +1.4% | +63.4% |