STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $48.3M | $45.6M | $52.5M | $55.6M | $66.6M | |
| YoY % | +15.1% | -5.7% | +15.3% | +5.9% | +19.7% | |
| P / Sales | 3.8x | 0.9x | 0.7x | 1.3x | 2.0x | |
| EV / Sales | 2.6x | 0.5x | 0.6x | 1.6x | 2.1x | |
| Gross Profit, Adj. | $27.7M | $21.3M | $29.5M | $33.1M | $38.8M | |
| YoY % | +9.0% | -23.0% | +38.0% | +12.4% | +17.2% | |
| Margin % | 57.4% | 46.9% | 56.1% | 59.5% | 58.3% | |
| EV / Gross Profit | 4.5x | 1.1x | 1.1x | 2.6x | 3.6x | |
| EBITDA, Adj. | $-23.1M | $-39.0M | $-20.7M | $-11.9M | $-12.0M | |
| YoY % | -57.9% | -68.6% | +47.0% | +42.4% | -0.3% | |
| Margin % | -47.9% | -85.6% | -39.3% | -21.4% | -18.0% | |
| EV / EBITDA | -5.4x | -0.6x | -1.6x | -7.4x | -11.7x | |
| EBIT | $-24.1M | $-46.1M | $-22.8M | $-13.6M | $-14.1M | |
| YoY % | -58.5% | -91.3% | +50.4% | +40.3% | -3.2% | |
| Margin % | -49.8% | -101.1% | -43.5% | -24.5% | -21.1% | |
| EV / EBIT | -5.2x | -0.5x | -1.4x | -6.4x | -9.9x | |
| Net Income | $-26.9M | $-47.4M | $-23.7M | $-15.1M | $-20.0M | |
| YoY % | -60.9% | -76.5% | +50.0% | +36.2% | -32.0% | |
| Net Margin | -55.6% | -104.0% | -45.1% | -27.2% | -30.0% | |
| EPS (GAAP) | -$1.68 | -$2.77 | -$1.34 | -$0.83 | -$0.93 | |
| YoY % | -27.3% | -64.9% | +51.6% | +38.1% | -12.0% |