STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $182.0M | $240.3M | $310.8M | $406.8M | $550.8M | |
| YoY % | +8.8% | +32.1% | +29.3% | +30.9% | +35.4% | |
| P / Sales | 2.6x | 1.3x | 1.8x | 1.7x | 1.4x | |
| EV / Sales | 15.9x | 15.2x | 14.4x | 13.9x | 13.4x | |
| Gross Profit, Adj. | $76.0M | $83.1M | $107.8M | $135.8M | $185.8M | |
| YoY % | +12.6% | +9.4% | +29.6% | +26.0% | +36.8% | |
| Margin % | 41.8% | 34.6% | 34.7% | 33.4% | 33.7% | |
| EV / Gross Profit | 38.1x | 43.9x | 41.7x | 41.7x | 39.9x | |
| EBITDA, Adj. | $34.6M | $26.3M | $6.0M | $-4.2M | $-16.9M | |
| YoY % | +91.8% | -23.8% | -77.3% | -170.6% | -300.2% | |
| Margin % | 19.0% | 11.0% | 1.9% | -1.0% | -3.1% | |
| EV / EBITDA | 83.8x | 138.5x | 751.9x | -1342.4x | -439.2x | |
| EBIT | $32.2M | $24.2M | $5.2M | $-5.0M | $-17.4M | |
| YoY % | +91.4% | -24.7% | -78.5% | -196.0% | -247.1% | |
| Margin % | 17.7% | 10.1% | 1.7% | -1.2% | -3.2% | |
| EV / EBIT | 90.1x | 150.6x | 860.3x | -1129.8x | -426.2x | |
| Net Income | $20.6M | $31.7M | $51.5M | $67.6M | $103.7M | |
| YoY % | +166.2% | +53.7% | +62.4% | +31.2% | +53.4% | |
| Net Margin | 11.3% | 13.2% | 16.6% | 16.6% | 18.8% | |
| EPS (GAAP) | $0.86 | $0.94 | $1.52 | $1.91 | $2.75 | |
| YoY % | +155.5% | +9.3% | +61.7% | +25.7% | +44.0% |