STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $125.8M | $157.6M | $200.8M | $226.7M | $240.5M | |
| YoY % | — | +25.3% | +27.4% | +12.9% | +6.1% | |
| P / Sales | 15.5x | 4.8x | 6.2x | 5.0x | 2.9x | |
| EV / Sales | 15.2x | 5.1x | 6.6x | 5.4x | 3.3x | |
| Gross Profit, Adj. | $76.2M | $104.8M | $139.8M | $167.0M | $186.3M | |
| YoY % | — | +37.6% | +33.5% | +19.4% | +11.6% | |
| Margin % | 60.6% | 66.5% | 69.6% | 73.7% | 77.5% | |
| EV / Gross Profit | 25.1x | 7.7x | 9.4x | 7.3x | 4.3x | |
| EBITDA, Adj. | $-61.9M | $-45.3M | $-10.1M | $10.6M | $21.4M | |
| YoY % | — | +26.8% | +77.7% | +205.3% | +101.3% | |
| Margin % | -49.2% | -28.7% | -5.0% | 4.7% | 8.9% | |
| EV / EBITDA | -30.9x | -17.8x | -130.9x | 115.1x | 37.1x | |
| EBIT | $-65.9M | $-49.9M | $-14.0M | $7.4M | $18.1M | |
| YoY % | — | +24.3% | +71.9% | +152.6% | +145.2% | |
| Margin % | -52.4% | -31.7% | -7.0% | 3.3% | 7.5% | |
| EV / EBIT | -29.0x | -16.2x | -94.0x | 165.5x | 43.8x | |
| Net Income | $-60.5M | $-52.4M | $-15.8M | $15.8M | $20.0M | |
| YoY % | — | +13.4% | +69.8% | +199.8% | +26.5% | |
| Net Margin | -48.1% | -33.3% | -7.9% | 7.0% | 8.3% | |
| EPS (GAAP) | -$0.33 | -$0.28 | -$0.09 | $0.08 | $0.11 | |
| YoY % | — | +15.2% | +67.9% | +188.9% | +37.5% |