STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $80.9M | $154.1M | $258.2M | $426.5M | $510.2M | |
| YoY % | +91.7% | +90.4% | +67.6% | +65.2% | +19.6% | |
| P / Sales | 2.4x | 5.0x | 3.9x | 9.8x | 8.8x | |
| EV / Sales | 3.5x | 5.7x | 4.5x | 9.9x | 8.9x | |
| Gross Profit, Adj. | $1.2M | $35.3M | $88.9M | $219.6M | $292.8M | |
| YoY % | +106.2% | +2906.4% | +152.2% | +146.8% | +33.3% | |
| Margin % | 1.4% | 22.9% | 34.4% | 51.5% | 57.4% | |
| EV / Gross Profit | 239.4x | 24.8x | 13.1x | 19.2x | 15.5x | |
| EBITDA, Adj. | $-52.9M | $-32.3M | $30.0M | $147.0M | $199.5M | |
| YoY % | +13.3% | +39.0% | +192.9% | +390.7% | +35.7% | |
| Margin % | -65.3% | -20.9% | 11.6% | 34.5% | 39.1% | |
| EV / EBITDA | -5.3x | -27.2x | 38.8x | 28.6x | 22.7x | |
| EBIT | $-58.4M | $-39.4M | $21.6M | $139.0M | $191.4M | |
| YoY % | +10.1% | +32.6% | +155.0% | +542.5% | +37.7% | |
| Margin % | -72.1% | -25.5% | 8.4% | 32.6% | 37.5% | |
| EV / EBIT | -4.8x | -22.2x | 53.7x | 30.3x | 23.6x | |
| Net Income | $-71.6M | $-65.9M | $-28.2M | $197.7M | $146.9M | |
| YoY % | +5.4% | +8.0% | +57.2% | +800.0% | -25.7% | |
| Net Margin | -88.5% | -42.8% | -10.9% | 46.4% | 28.8% | |
| EPS (GAAP) | -$0.51 | -$0.33 | -$0.13 | $0.81 | $0.60 | |
| YoY % | +42.0% | +35.3% | +60.6% | +723.1% | -25.9% |