STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $39.4M | $58.1M | $72.6M | $43.4M | $51.5M | |
| YoY % | +28.7% | +47.6% | +24.9% | -40.3% | +18.7% | |
| P / Sales | 2.6x | 1.1x | 1.0x | 0.9x | 0.8x | |
| EV / Sales | 2.4x | 1.3x | 1.0x | 0.9x | 0.7x | |
| Gross Profit, Adj. | $15.4M | $24.4M | $38.4M | $21.5M | $25.0M | |
| YoY % | +19.0% | +58.7% | +57.3% | -44.1% | +16.4% | |
| Margin % | 39.1% | 42.0% | 52.9% | 49.5% | 48.6% | |
| EV / Gross Profit | 6.1x | 3.0x | 1.9x | 1.9x | 1.3x | |
| EBITDA, Adj. | $-8.4M | $-6.3M | $7.2M | $-2.6M | $-743,000 | |
| YoY % | -23.3% | +24.6% | +213.4% | -136.0% | +71.3% | |
| Margin % | -21.4% | -10.9% | 9.9% | -6.0% | -1.4% | |
| EV / EBITDA | -11.1x | -11.5x | 10.0x | -15.4x | -45.2x | |
| EBIT | $-9.4M | $-7.7M | $5.7M | $-3.6M | $-1.4M | |
| YoY % | -14.7% | +18.1% | +174.3% | -163.5% | +61.0% | |
| Margin % | -23.8% | -13.2% | 7.9% | -8.4% | -2.7% | |
| EV / EBIT | -10.0x | -9.5x | 12.6x | -11.0x | -23.7x | |
| Net Income | $-4.0M | $-5.9M | $4.7M | $-9.9M | $-1.2M | |
| YoY % | +28.2% | -46.9% | +180.0% | -307.7% | +87.4% | |
| Net Margin | -10.3% | -10.2% | 6.5% | -22.7% | -2.4% | |
| EPS (GAAP) | -$0.43 | -$0.60 | $0.47 | -$0.99 | -$0.12 | |
| YoY % | +40.3% | -39.5% | +178.3% | -310.6% | +87.9% |