STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $187.9M | $253.8M | $333.6M | $405.9M | $457.5M | |
| YoY % | +41.3% | +35.1% | +31.4% | +21.7% | +12.7% | |
| P / Sales | 26.0x | 12.5x | 9.8x | 4.3x | 1.4x | |
| EV / Sales | 26.0x | 12.7x | 10.4x | 4.7x | 1.9x | |
| Gross Profit, Adj. | $141.1M | $194.0M | $257.4M | $314.4M | $354.9M | |
| YoY % | +43.9% | +37.5% | +32.7% | +22.2% | +12.9% | |
| Margin % | 75.1% | 76.4% | 77.1% | 77.5% | 77.6% | |
| EV / Gross Profit | 34.7x | 16.7x | 13.5x | 6.1x | 2.5x | |
| EBITDA, Adj. | $-11.2M | $-29.1M | $-36.0M | $-34.0M | $-8.6M | |
| YoY % | +41.1% | -160.0% | -23.6% | +5.7% | +74.8% | |
| Margin % | -6.0% | -11.5% | -10.8% | -8.4% | -1.9% | |
| EV / EBITDA | -436.2x | -111.0x | -96.5x | -56.6x | -103.4x | |
| EBIT | $-28.1M | $-51.7M | $-69.3M | $-60.4M | $-43.5M | |
| YoY % | +12.2% | -84.0% | -34.1% | +12.9% | +28.0% | |
| Margin % | -15.0% | -20.4% | -20.8% | -14.9% | -9.5% | |
| EV / EBIT | -174.0x | -62.6x | -50.2x | -31.9x | -20.4x | |
| Net Income | $-28.7M | $-50.2M | $-66.4M | $-62.0M | $-43.3M | |
| YoY % | +9.3% | -75.0% | -32.2% | +6.7% | +30.1% | |
| Net Margin | -15.3% | -19.8% | -19.9% | -15.3% | -9.5% | |
| EPS (GAAP) | -$0.53 | -$0.92 | -$1.19 | -$1.09 | -$0.74 | |
| YoY % | +14.5% | -73.6% | -29.3% | +8.4% | +32.1% |