STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $29.5M | $41.4M | $58.5M | $69.3M | $80.3M | |
| YoY % | +61.8% | +40.6% | +41.1% | +18.6% | +15.8% | |
| P / Sales | 6.3x | 4.5x | 2.6x | 1.2x | 0.7x | |
| EV / Sales | 6.2x | 4.8x | 2.8x | 1.3x | 1.0x | |
| Gross Profit, Adj. | $18.8M | $27.0M | $40.1M | $46.5M | $54.3M | |
| YoY % | +67.5% | +43.8% | +48.3% | +15.9% | +16.9% | |
| Margin % | 63.9% | 65.3% | 68.6% | 67.1% | 67.7% | |
| EV / Gross Profit | 9.8x | 7.3x | 4.1x | 2.0x | 1.5x | |
| EBITDA, Adj. | $-28.9M | $-37.8M | $-43.3M | $-40.7M | $-32.7M | |
| YoY % | -16.8% | -30.8% | -14.4% | +6.0% | +19.5% | |
| Margin % | -98.1% | -91.3% | -74.0% | -58.7% | -40.8% | |
| EV / EBITDA | -6.4x | -5.3x | -3.8x | -2.3x | -2.4x | |
| EBIT | $-29.5M | $-39.0M | $-44.1M | $-41.7M | $-33.8M | |
| YoY % | -16.5% | -32.4% | -13.0% | +5.4% | +19.0% | |
| Margin % | -100.0% | -94.2% | -75.4% | -60.2% | -42.0% | |
| EV / EBIT | -6.2x | -5.1x | -3.7x | -2.2x | -2.4x | |
| Net Income | $-33.3M | $-44.3M | $-46.7M | $-37.8M | $-38.8M | |
| YoY % | -15.6% | -33.1% | -5.3% | +18.9% | -2.6% | |
| Net Margin | -112.9% | -106.9% | -79.8% | -54.6% | -48.4% | |
| EPS (GAAP) | -$2.30 | -$2.72 | -$2.04 | -$1.33 | -$0.83 | |
| YoY % | -3.1% | -18.3% | +25.0% | +34.8% | +37.6% |