STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $470.7M | $389.7M | $318.5M | $334.5M | $344.6M | |
| YoY % | — | -17.2% | -18.3% | +5.0% | +3.0% | |
| P / Sales | 0.4x | 0.4x | 0.6x | 0.9x | 0.7x | |
| EV / Sales | 2.8x | 3.1x | 3.8x | 3.8x | 3.7x | |
| Gross Profit, Adj. | $361.1M | $278.8M | $200.5M | $222.9M | $232.1M | |
| YoY % | — | -22.8% | -28.1% | +11.2% | +4.1% | |
| Margin % | 76.7% | 71.5% | 62.9% | 66.6% | 67.4% | |
| EV / Gross Profit | 3.6x | 4.3x | 6.0x | 5.7x | 5.5x | |
| EBITDA, Adj. | $197.9M | $132.0M | $86.2M | $96.1M | $100.3M | |
| YoY % | — | -33.3% | -34.7% | +11.5% | +4.3% | |
| Margin % | 42.0% | 33.9% | 27.1% | 28.7% | 29.1% | |
| EV / EBITDA | 6.6x | 9.2x | 13.9x | 13.1x | 12.8x | |
| EBIT | $177.2M | $105.5M | $61.1M | $88.6M | $93.0M | |
| YoY % | — | -40.5% | -42.1% | +45.0% | +4.9% | |
| Margin % | 37.6% | 27.1% | 19.2% | 26.5% | 27.0% | |
| EV / EBIT | 7.4x | 11.4x | 19.6x | 14.2x | 13.8x | |
| Net Income | $39.5M | $25.7M | $14.5M | $29.1M | $32.2M | |
| YoY % | — | -35.0% | -43.6% | +100.9% | +10.4% | |
| Net Margin | 8.4% | 6.6% | 4.6% | 8.7% | 9.3% | |
| EPS (GAAP) | $1.55 | $1.02 | $0.58 | $1.16 | $1.26 | |
| YoY % | — | -34.2% | -43.1% | +100.0% | +8.6% |