STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $90.2M | $106.4M | $138.9M | $167.2M | $200.9M | |
| YoY % | +22.8% | +18.0% | +30.5% | +20.4% | +20.2% | |
| P / Sales | 8.2x | 4.3x | 5.8x | 3.5x | 4.2x | |
| EV / Sales | 8.1x | 4.6x | 6.0x | 3.6x | 4.3x | |
| Gross Profit, Adj. | $79.7M | $90.7M | $109.4M | $132.1M | $159.9M | |
| YoY % | +23.6% | +13.8% | +20.6% | +20.7% | +21.0% | |
| Margin % | 88.4% | 85.2% | 78.8% | 79.0% | 79.6% | |
| EV / Gross Profit | 9.1x | 5.4x | 7.6x | 4.6x | 5.4x | |
| EBITDA, Adj. | $-49.6M | $-56.2M | $-41.5M | $-30.9M | $-16.6M | |
| YoY % | -32.4% | -13.3% | +26.1% | +25.6% | +46.4% | |
| Margin % | -55.0% | -52.8% | -29.9% | -18.5% | -8.2% | |
| EV / EBITDA | -14.7x | -8.8x | -20.0x | -19.8x | -52.3x | |
| EBIT | $-51.7M | $-59.6M | $-46.9M | $-35.2M | $-22.3M | |
| YoY % | -34.0% | -15.4% | +21.3% | +24.9% | +36.6% | |
| Margin % | -57.3% | -56.0% | -33.8% | -21.1% | -11.1% | |
| EV / EBIT | -14.1x | -8.3x | -17.7x | -17.3x | -38.8x | |
| Net Income | $-56.6M | $-61.3M | $-43.3M | $-30.9M | $-18.9M | |
| YoY % | -29.5% | -8.3% | +29.3% | +28.7% | +38.8% | |
| Net Margin | -62.8% | -57.6% | -31.2% | -18.5% | -9.4% | |
| EPS (GAAP) | -$1.71 | -$1.79 | -$1.13 | -$0.75 | -$0.44 | |
| YoY % | -14.0% | -4.7% | +36.9% | +33.6% | +41.3% |