STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $268.7M | $254.4M | $192.6M | $198.8M | $216.1M | |
| YoY % | — | -5.3% | -24.3% | +3.2% | +8.7% | |
| P / Sales | 3.3x | 1.7x | 1.4x | 1.4x | 2.4x | |
| EV / Sales | 3.5x | 1.6x | 1.2x | 1.5x | 2.8x | |
| Gross Profit, Adj. | $243.1M | $230.1M | $177.8M | $187.5M | $203.1M | |
| YoY % | — | -5.3% | -22.7% | +5.4% | +8.3% | |
| Margin % | 90.5% | 90.5% | 92.3% | 94.3% | 94.0% | |
| EV / Gross Profit | 3.8x | 1.7x | 1.3x | 1.6x | 2.9x | |
| EBITDA, Adj. | $45.0M | $9.1M | $-10.9M | $-32.5M | $-143.1M | |
| YoY % | — | -79.9% | -220.7% | -197.3% | -339.8% | |
| Margin % | 16.8% | 3.6% | -5.7% | -16.4% | -66.2% | |
| EV / EBITDA | 20.7x | 43.6x | -20.8x | -9.0x | -4.2x | |
| EBIT | $42.2M | $6.3M | $-14.0M | $-40.7M | $-151.2M | |
| YoY % | — | -85.0% | -320.4% | -191.4% | -271.8% | |
| Margin % | 15.7% | 2.5% | -7.2% | -20.5% | -70.0% | |
| EV / EBIT | 22.1x | 62.4x | -16.3x | -7.2x | -3.9x | |
| Net Income | $33.2M | $6.3M | $2.5M | $-18.9M | $-220.5M | |
| YoY % | — | -81.1% | -60.0% | -853.3% | -1066.5% | |
| Net Margin | 12.3% | 2.5% | 1.3% | -9.5% | -102.0% | |
| EPS (GAAP) | $0.58 | $0.11 | $0.04 | -$0.33 | -$3.74 | |
| YoY % | — | -81.0% | -63.6% | -925.0% | -1033.3% |