STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $484.1M | $517.2M | $726.4M | $957.8M | $1.1B | |
| YoY % | +9.6% | +6.8% | +40.4% | +31.8% | +11.9% | |
| P / Sales | 7.7x | 5.1x | 7.0x | 3.2x | 4.2x | |
| EV / Sales | 7.8x | 5.2x | 7.1x | 3.3x | 4.4x | |
| Gross Profit, Adj. | $465.0M | $507.1M | $684.8M | $876.0M | $982.5M | |
| YoY % | +7.8% | +9.0% | +35.1% | +27.9% | +12.2% | |
| Margin % | 96.0% | 98.0% | 94.3% | 91.5% | 91.7% | |
| EV / Gross Profit | 8.1x | 5.3x | 7.6x | 3.6x | 4.8x | |
| EBITDA, Adj. | $-167.1M | $-221.6M | $-67.8M | $100.2M | $116.6M | |
| YoY % | +41.1% | -32.6% | +69.4% | +247.7% | +16.4% | |
| Margin % | -34.5% | -42.8% | -9.3% | 10.5% | 10.9% | |
| EV / EBITDA | -22.5x | -12.2x | -76.4x | 31.8x | 40.3x | |
| EBIT | $-170.4M | $-223.6M | $-73.4M | $84.3M | $104.8M | |
| YoY % | +40.5% | -31.2% | +67.2% | +214.9% | +24.4% | |
| Margin % | -35.2% | -43.2% | -10.1% | 8.8% | 9.8% | |
| EV / EBIT | -22.0x | -12.1x | -70.6x | 37.8x | 44.8x | |
| Net Income | $-167.9M | $-216.0M | $-61.3M | $226.5M | $391.0M | |
| YoY % | +40.4% | -28.7% | +71.6% | +469.5% | +72.7% | |
| Net Margin | -34.7% | -41.8% | -8.4% | 23.6% | 36.5% | |
| EPS (GAAP) | -$1.05 | -$1.34 | -$0.37 | $1.36 | $2.30 | |
| YoY % | +41.3% | -27.6% | +72.4% | +467.6% | +69.1% |