STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $541.4M | $500.4M | $384.6M | $319.6M | $270.8M | |
| YoY % | +15.6% | -7.6% | -23.1% | -16.9% | -15.3% | |
| P / Sales | 0.5x | 0.4x | 0.6x | 0.3x | 0.3x | |
| EV / Sales | 0.7x | 0.6x | 0.7x | 0.6x | 0.6x | |
| Gross Profit, Adj. | $288.9M | $239.4M | $204.9M | $159.7M | $126.2M | |
| YoY % | +8.8% | -17.1% | -14.4% | -22.1% | -20.9% | |
| Margin % | 53.4% | 47.8% | 53.3% | 50.0% | 46.6% | |
| EV / Gross Profit | 1.2x | 1.2x | 1.4x | 1.3x | 1.2x | |
| EBITDA, Adj. | $39.3M | $-13.5M | $22.5M | $-18.9M | $-24.1M | |
| YoY % | -30.7% | -134.2% | +267.2% | -184.1% | -27.6% | |
| Margin % | 7.3% | -2.7% | 5.9% | -5.9% | -8.9% | |
| EV / EBITDA | 9.0x | -20.7x | 12.6x | -10.7x | -6.4x | |
| EBIT | $26.9M | $-94.9M | $11.6M | $-28.8M | $-31.9M | |
| YoY % | +106.0% | -452.5% | +112.2% | -347.8% | -10.8% | |
| Margin % | 5.0% | -19.0% | 3.0% | -9.0% | -11.8% | |
| EV / EBIT | 13.1x | -2.9x | 24.3x | -7.0x | -4.8x | |
| Net Income | $17.8M | $-59.7M | $7.8M | $-62.2M | $-47.8M | |
| YoY % | +105.5% | -434.9% | +113.1% | -893.4% | +23.1% | |
| Net Margin | 3.3% | -11.9% | 2.0% | -19.5% | -17.7% | |
| EPS (GAAP) | $0.52 | -$1.90 | $0.25 | -$2.15 | -$1.71 | |
| YoY % | +100.0% | -465.4% | +113.2% | -960.0% | +20.5% |