STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $55.1M | $58.0M | $91.3M | $117.3M | $133.9M | |
| YoY % | +3.7% | +5.1% | +57.5% | +28.4% | +14.2% | |
| P / Sales | 0.9x | 1.1x | 1.7x | 0.5x | 0.9x | |
| EV / Sales | 1.0x | 1.2x | 2.1x | 0.9x | 1.1x | |
| Gross Profit, Adj. | $32.4M | $32.1M | $55.5M | $68.2M | $84.3M | |
| YoY % | -5.5% | -0.7% | +72.6% | +23.0% | +23.5% | |
| Margin % | 58.7% | 55.4% | 60.8% | 58.2% | 62.9% | |
| EV / Gross Profit | 1.7x | 2.1x | 3.4x | 1.5x | 1.7x | |
| EBITDA, Adj. | $-2.6M | $-5.5M | $-7.0M | $-7.8M | $12.5M | |
| YoY % | -323.8% | -107.0% | -27.8% | -12.4% | +259.3% | |
| Margin % | -4.8% | -9.4% | -7.6% | -6.7% | 9.3% | |
| EV / EBITDA | -20.2x | -12.5x | -27.1x | -13.2x | 11.5x | |
| EBIT | $-4.0M | $-6.8M | $-10.2M | $-12.1M | $7.3M | |
| YoY % | -341.2% | -70.1% | -50.4% | -18.9% | +160.3% | |
| Margin % | -7.2% | -11.7% | -11.1% | -10.3% | 5.4% | |
| EV / EBIT | -13.5x | -10.1x | -18.6x | -8.6x | 19.7x | |
| Net Income | $-4.8M | $-8.5M | $660,000 | $-16.4M | $5.0M | |
| YoY % | +31.0% | -75.0% | +107.8% | -2592.3% | +130.2% | |
| Net Margin | -8.8% | -14.6% | 0.7% | -14.0% | 3.7% | |
| EPS (GAAP) | -$0.06 | -$0.09 | $0.01 | -$0.12 | $0.03 | |
| YoY % | +76.0% | -50.0% | +111.1% | -1300.0% | +125.0% |