STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $40.5M | $47.6M | $62.4M | $65.2M | $77.3M | |
| YoY % | — | +17.6% | +31.1% | +4.5% | +18.6% | |
| P / Sales | 19.3x | 3.0x | 5.0x | 3.1x | 4.1x | |
| EV / Sales | 19.3x | 0.6x | 3.9x | 2.8x | 4.7x | |
| Gross Profit, Adj. | $25.2M | $31.3M | $42.9M | $43.9M | $52.1M | |
| YoY % | — | +23.9% | +37.3% | +2.4% | +18.5% | |
| Margin % | 62.4% | 65.7% | 68.8% | 67.4% | 67.4% | |
| EV / Gross Profit | 30.9x | 0.9x | 5.7x | 4.1x | 6.9x | |
| EBITDA, Adj. | $-67.9M | $-82.3M | $-66.5M | $-58.0M | $-61.4M | |
| YoY % | — | -21.2% | +19.2% | +12.8% | -5.9% | |
| Margin % | -167.8% | -172.9% | -106.6% | -89.0% | -79.4% | |
| EV / EBITDA | -11.5x | -0.3x | -3.7x | -3.1x | -5.9x | |
| EBIT | $-71.5M | $-87.8M | $-74.8M | $-66.6M | $-70.9M | |
| YoY % | — | -22.8% | +14.8% | +11.0% | -6.5% | |
| Margin % | -176.7% | -184.7% | -120.0% | -102.1% | -91.8% | |
| EV / EBIT | -10.9x | -0.3x | -3.3x | -2.7x | -5.1x | |
| Net Income | $-73.7M | $-87.4M | $-79.0M | $-62.5M | $-79.0M | |
| YoY % | — | -18.7% | +9.7% | +20.9% | -26.4% | |
| Net Margin | -182.1% | -183.9% | -126.6% | -95.9% | -102.2% | |
| EPS (GAAP) | -$1.33 | -$1.36 | -$1.22 | -$0.95 | -$1.17 | |
| YoY % | — | -2.3% | +10.3% | +22.1% | -23.2% |