STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $49.0M | $71.3M | $81.1M | $79.9M | $77.4M | |
| YoY % | — | +45.7% | +13.6% | -1.5% | -3.1% | |
| P / Sales | 9.6x | 8.3x | 3.1x | 2.3x | 5.3x | |
| EV / Sales | 5.3x | 6.4x | 1.9x | 1.5x | 4.8x | |
| Gross Profit, Adj. | $40.3M | $59.0M | $69.2M | $68.3M | $66.7M | |
| YoY % | — | +46.2% | +17.3% | -1.3% | -2.4% | |
| Margin % | 82.4% | 82.7% | 85.3% | 85.5% | 86.2% | |
| EV / Gross Profit | 6.4x | 7.8x | 2.3x | 1.7x | 5.6x | |
| EBITDA, Adj. | $-50.8M | $-83.2M | $-56.7M | $-49.8M | $-36.6M | |
| YoY % | — | -63.7% | +31.9% | +12.1% | +26.5% | |
| Margin % | -103.9% | -116.7% | -69.9% | -62.4% | -47.3% | |
| EV / EBITDA | -5.1x | -5.5x | -2.8x | -2.4x | -10.2x | |
| EBIT | $-51.5M | $-84.0M | $-57.3M | $-50.5M | $-37.1M | |
| YoY % | — | -63.1% | +31.8% | +11.8% | +26.6% | |
| Margin % | -105.2% | -117.7% | -70.7% | -63.3% | -48.0% | |
| EV / EBIT | -5.0x | -5.4x | -2.7x | -2.3x | -10.1x | |
| Net Income | $-63.0M | $-86.2M | $-55.5M | $-51.5M | $-38.4M | |
| YoY % | — | -37.0% | +35.6% | +7.3% | +25.4% | |
| Net Margin | -128.6% | -120.9% | -68.5% | -64.5% | -49.7% | |
| EPS (GAAP) | -$2.36 | -$1.80 | -$1.14 | -$1.03 | -$0.74 | |
| YoY % | — | +23.7% | +36.7% | +9.6% | +28.2% |