STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $411.7M | $276.0M | $233.3M | $203.0M | $210.1M | |
| YoY % | -38.5% | -33.0% | -15.5% | -13.0% | +3.5% | |
| P / Sales | 0.8x | 0.2x | 0.2x | 0.2x | 0.3x | |
| EV / Sales | 3.1x | 3.0x | 2.9x | 2.5x | 2.2x | |
| Gross Profit, Adj. | $226.7M | $250.9M | $228.6M | $202.5M | $210.1M | |
| YoY % | -37.5% | +10.7% | -8.9% | -11.4% | +3.7% | |
| Margin % | 55.1% | 90.9% | 98.0% | 99.8% | 100.0% | |
| EV / Gross Profit | 5.7x | 3.3x | 3.0x | 2.5x | 2.2x | |
| EBITDA, Adj. | $-63.8M | $-8.7M | $16.1M | $25.1M | $23.2M | |
| YoY % | -35.2% | +86.3% | +284.0% | +56.1% | -7.7% | |
| Margin % | -15.5% | -3.2% | 6.9% | 12.4% | 11.0% | |
| EV / EBITDA | -20.3x | -95.1x | 42.7x | 20.3x | 19.7x | |
| EBIT | $-94.7M | $-28.9M | $8.8M | $20.9M | $19.9M | |
| YoY % | +34.9% | +69.5% | +130.4% | +138.0% | -4.6% | |
| Margin % | -23.0% | -10.5% | 3.8% | 10.3% | 9.5% | |
| EV / EBIT | -13.7x | -28.7x | 78.2x | 24.4x | 22.9x | |
| Net Income | $-113.3M | $-85.9M | $-7.4M | $91.1M | $123.5M | |
| YoY % | +33.9% | +24.2% | +91.4% | +1333.0% | +35.7% | |
| Net Margin | -27.5% | -31.1% | -3.2% | 44.9% | 58.8% | |
| EPS (GAAP) | -$63.00 | -$39.40 | -$3.18 | $38.34 | $46.10 | |
| YoY % | +34.0% | +37.5% | +91.9% | +1305.7% | +20.2% |