STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $155.1M | $243.2M | $317.9M | $320.3M | $314.9M | |
| YoY % | — | +56.8% | +30.7% | +0.8% | -1.7% | |
| P / Sales | 3.0x | 2.4x | 1.6x | 1.3x | 0.9x | |
| EV / Sales | 5.1x | 3.8x | 3.4x | 3.1x | 3.0x | |
| Gross Profit, Adj. | $113.8M | $178.3M | $241.6M | $239.1M | $250.1M | |
| YoY % | — | +56.7% | +35.5% | -1.1% | +4.6% | |
| Margin % | 73.4% | 73.3% | 76.0% | 74.6% | 79.4% | |
| EV / Gross Profit | 6.9x | 5.2x | 4.5x | 4.2x | 3.8x | |
| EBITDA, Adj. | $6.8M | $34.7M | $50.1M | $35.5M | $57.6M | |
| YoY % | — | +414.4% | +44.2% | -29.0% | +62.2% | |
| Margin % | 4.4% | 14.3% | 15.7% | 11.1% | 18.3% | |
| EV / EBITDA | 116.4x | 26.5x | 21.8x | 28.0x | 16.6x | |
| EBIT | $-30.8M | $13.3M | $34.9M | $-53.6M | $19.8M | |
| YoY % | — | +143.2% | +162.0% | -253.6% | +137.0% | |
| Margin % | -19.9% | 5.5% | 11.0% | -16.7% | 6.3% | |
| EV / EBIT | -25.5x | 69.0x | 31.2x | -18.6x | 48.3x | |
| Net Income | $-63.8M | $-22.3M | $34.4M | $-72.8M | $-51.1M | |
| YoY % | — | +65.0% | +254.1% | -311.4% | +29.7% | |
| Net Margin | -41.1% | -9.2% | 10.8% | -22.7% | -16.2% | |
| EPS (GAAP) | -$2.85 | -$0.88 | -$0.52 | -$2.27 | -$1.47 | |
| YoY % | — | +69.1% | +40.9% | -336.5% | +35.2% |