STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $607.2M | $651.5M | $627.6M | $572.5M | $551.1M | |
| YoY % | +16.6% | +7.3% | -3.7% | -8.8% | -3.7% | |
| P / Sales | 2.6x | 1.2x | 1.5x | 1.1x | 1.3x | |
| EV / Sales | 2.7x | 1.4x | 1.8x | 1.4x | 1.5x | |
| Gross Profit, Adj. | $260.1M | $276.5M | $267.0M | $256.8M | $227.3M | |
| YoY % | +18.5% | +6.3% | -3.4% | -3.8% | -11.5% | |
| Margin % | 42.8% | 42.4% | 42.5% | 44.9% | 41.2% | |
| EV / Gross Profit | 6.3x | 3.4x | 4.2x | 3.1x | 3.7x | |
| EBITDA, Adj. | $-23.1M | $2.6M | $-38.6M | $-40.3M | $-29.3M | |
| YoY % | -13.7% | +111.3% | -1579.2% | -4.4% | +27.3% | |
| Margin % | -3.8% | 0.4% | -6.2% | -7.0% | -5.3% | |
| EV / EBITDA | -70.8x | 361.1x | -29.4x | -19.8x | -28.8x | |
| EBIT | $-79.2M | $-57.2M | $-87.6M | $-85.7M | $-72.5M | |
| YoY % | +82.6% | +27.8% | -53.2% | +2.2% | +15.4% | |
| Margin % | -13.0% | -8.8% | -14.0% | -15.0% | -13.2% | |
| EV / EBIT | -20.6x | -16.5x | -12.9x | -9.3x | -11.7x | |
| Net Income | $-62.0M | $-29.0M | $-123.1M | $-120.3M | $-104.3M | |
| YoY % | +86.0% | +53.3% | -324.8% | +2.3% | +13.3% | |
| Net Margin | -10.2% | -4.4% | -19.6% | -21.0% | -18.9% | |
| EPS (GAAP) | -$0.98 | -$0.44 | -$1.79 | -$1.70 | -$1.28 | |
| YoY % | +87.9% | +55.1% | -306.8% | +5.0% | +24.7% |