STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $242.4M | $216.9M | $145.4M | $108.3M | $164.8M | |
| YoY % | +34.7% | -10.5% | -33.0% | -25.5% | +52.2% | |
| P / Sales | 4.2x | 1.6x | 1.9x | 2.3x | 2.3x | |
| EV / Sales | 4.0x | 1.4x | 1.6x | 2.1x | 2.2x | |
| Gross Profit, Adj. | $86.0M | $79.0M | $52.9M | $34.4M | $61.0M | |
| YoY % | +37.8% | -8.1% | -33.0% | -35.0% | +77.2% | |
| Margin % | 35.5% | 36.4% | 36.4% | 31.8% | 37.0% | |
| EV / Gross Profit | 11.2x | 3.7x | 4.4x | 6.5x | 5.9x | |
| EBITDA, Adj. | $-35.8M | $-48.0M | $-30.9M | $-37.6M | $-13.5M | |
| YoY % | -734.3% | -33.8% | +35.6% | -21.8% | +64.1% | |
| Margin % | -14.8% | -22.1% | -21.2% | -34.8% | -8.2% | |
| EV / EBITDA | -26.9x | -6.2x | -7.5x | -5.9x | -26.8x | |
| EBIT | $-41.5M | $-53.9M | $-40.3M | $-55.9M | $-39.9M | |
| YoY % | -14060.9% | -29.9% | +25.1% | -38.6% | +28.6% | |
| Margin % | -17.1% | -24.8% | -27.7% | -51.6% | -24.2% | |
| EV / EBIT | -23.2x | -5.5x | -5.8x | -4.0x | -9.1x | |
| Net Income | $-43.1M | $-53.4M | $-34.4M | $-52.5M | $-36.5M | |
| YoY % | -2656.8% | -23.9% | +35.6% | -52.6% | +30.4% | |
| Net Margin | -17.8% | -24.6% | -23.7% | -48.5% | -22.2% | |
| EPS (GAAP) | -$0.65 | -$0.79 | -$0.50 | -$0.73 | -$0.50 | |
| YoY % | -1725.0% | -21.5% | +36.7% | -46.0% | +31.5% |