STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $94.4M | $141.8M | $187.1M | $209.4M | $212.7M | |
| YoY % | — | +50.2% | +31.9% | +11.9% | +1.6% | |
| P / Sales | 9.6x | 8.7x | 4.1x | 2.2x | 0.7x | |
| EV / Sales | 8.9x | 9.3x | 4.6x | 2.7x | 1.2x | |
| Gross Profit, Adj. | $77.5M | $116.3M | $151.9M | $168.3M | $169.8M | |
| YoY % | — | +50.0% | +30.6% | +10.7% | +0.9% | |
| Margin % | 82.1% | 82.0% | 81.2% | 80.4% | 79.8% | |
| EV / Gross Profit | 10.9x | 11.3x | 5.7x | 3.3x | 1.5x | |
| EBITDA, Adj. | $-15.8M | $-34.8M | $-46.1M | $-47.3M | $-43.5M | |
| YoY % | — | -120.2% | -32.2% | -2.6% | +7.9% | |
| Margin % | -16.8% | -24.6% | -24.6% | -22.6% | -20.5% | |
| EV / EBITDA | -53.4x | -37.8x | -18.8x | -11.7x | -5.7x | |
| EBIT | $-16.5M | $-34.8M | $-51.4M | $-55.7M | $-54.2M | |
| YoY % | — | -111.1% | -47.6% | -8.3% | +2.8% | |
| Margin % | -17.5% | -24.6% | -27.5% | -26.6% | -25.5% | |
| EV / EBIT | -51.1x | -37.8x | -16.8x | -10.0x | -4.6x | |
| Net Income | $-20.7M | $-42.8M | $-49.5M | $-55.7M | $-59.0M | |
| YoY % | — | -106.4% | -15.7% | -12.6% | -5.8% | |
| Net Margin | -22.0% | -30.2% | -26.5% | -26.6% | -27.7% | |
| EPS (GAAP) | -$0.43 | -$0.77 | -$0.81 | -$0.90 | -$0.93 | |
| YoY % | — | -79.1% | -5.2% | -11.1% | -3.3% |