STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $358.4M | $421.5M | $481.2M | $637.2M | $759.6M | |
| YoY % | — | +17.6% | +14.2% | +32.4% | +19.2% | |
| P / Sales | 6.6x | 3.0x | 4.9x | 5.6x | 1.8x | |
| EV / Sales | 6.2x | 3.3x | 5.5x | 6.1x | 2.3x | |
| Gross Profit, Adj. | $153.7M | $184.9M | $236.8M | $332.7M | $398.2M | |
| YoY % | — | +20.3% | +28.1% | +40.5% | +19.7% | |
| Margin % | 42.9% | 43.9% | 49.2% | 52.2% | 52.4% | |
| EV / Gross Profit | 14.5x | 7.5x | 11.3x | 11.7x | 4.4x | |
| EBITDA, Adj. | $-68.1M | $-94.8M | $-70.4M | $-47.3M | $-19.4M | |
| YoY % | — | -39.4% | +25.8% | +32.8% | +58.9% | |
| Margin % | -19.0% | -22.5% | -14.6% | -7.4% | -2.6% | |
| EV / EBITDA | -32.7x | -14.7x | -37.9x | -82.1x | -90.1x | |
| EBIT | $-76.8M | $-106.2M | $-89.7M | $-84.1M | $-63.2M | |
| YoY % | — | -38.3% | +15.6% | +6.2% | +24.9% | |
| Margin % | -21.4% | -25.2% | -18.6% | -13.2% | -8.3% | |
| EV / EBIT | -28.9x | -13.1x | -29.7x | -46.1x | -27.7x | |
| Net Income | $-78.2M | $-102.2M | $-75.3M | $-79.7M | $-66.1M | |
| YoY % | — | -30.7% | +26.4% | -5.9% | +17.0% | |
| Net Margin | -21.8% | -24.2% | -15.6% | -12.5% | -8.7% | |
| EPS (GAAP) | -$0.62 | -$0.65 | -$0.47 | -$0.48 | -$0.39 | |
| YoY % | — | -4.8% | +27.7% | -2.1% | +18.7% |