STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $188.0M | $254.3M | $307.7M | $376.8M | $443.6M | |
| YoY % | — | +35.3% | +21.0% | +22.5% | +17.7% | |
| P / Sales | 14.0x | 4.5x | 6.3x | 4.7x | 4.0x | |
| EV / Sales | 13.0x | 4.6x | 6.4x | 4.9x | 3.8x | |
| Gross Profit, Adj. | $146.1M | $205.8M | $255.3M | $311.3M | $357.3M | |
| YoY % | — | +40.9% | +24.1% | +21.9% | +14.8% | |
| Margin % | 77.7% | 80.9% | 83.0% | 82.6% | 80.5% | |
| EV / Gross Profit | 16.7x | 5.7x | 7.7x | 5.9x | 4.7x | |
| EBITDA, Adj. | $7.5M | $-9.5M | $10.8M | $30.8M | $5.7M | |
| YoY % | — | -225.8% | +214.0% | +185.6% | -81.5% | |
| Margin % | 4.0% | -3.7% | 3.5% | 8.2% | 1.3% | |
| EV / EBITDA | 324.5x | -123.3x | 182.8x | 59.8x | 292.0x | |
| EBIT | $-2.5M | $-36.4M | $-7.7M | $8.3M | $-22.8M | |
| YoY % | — | -1359.0% | +78.9% | +208.4% | -374.6% | |
| Margin % | -1.3% | -14.3% | -2.5% | 2.2% | -5.1% | |
| EV / EBIT | -980.4x | -32.1x | -257.4x | 222.0x | -73.0x | |
| Net Income | $-3.3M | $-33.8M | $950,000 | $8.2M | $-19.0M | |
| YoY % | — | -930.4% | +102.8% | +766.9% | -330.2% | |
| Net Margin | -1.7% | -13.3% | 0.3% | 2.2% | -4.3% | |
| EPS (GAAP) | -$0.03 | -$0.24 | $0.01 | $0.06 | -$0.13 | |
| YoY % | — | -700.0% | +104.2% | +500.0% | -316.7% |