STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $154.3M | $185.3M | $170.3M | $179.0M | $277.0M | |
| YoY % | +56.9% | +20.1% | -8.1% | +5.1% | +54.8% | |
| P / Sales | 25.5x | 6.0x | 4.0x | 4.9x | 8.9x | |
| EV / Sales | 26.7x | 7.6x | 5.7x | 6.5x | 9.7x | |
| Gross Profit, Adj. | $105.0M | $127.4M | $94.7M | $106.9M | $205.6M | |
| YoY % | +38.5% | +21.3% | -25.6% | +12.8% | +92.4% | |
| Margin % | 68.1% | 68.7% | 55.6% | 59.7% | 74.2% | |
| EV / Gross Profit | 39.2x | 11.1x | 10.3x | 11.0x | 13.0x | |
| EBITDA, Adj. | $-195.0M | $-179.3M | $-179.4M | $-136.1M | $-39.3M | |
| YoY % | -35.1% | +8.1% | -0.1% | +24.1% | +71.1% | |
| Margin % | -126.3% | -96.7% | -105.3% | -76.0% | -14.2% | |
| EV / EBITDA | -21.1x | -7.9x | -5.4x | -8.6x | -68.2x | |
| EBIT | $-209.0M | $-200.2M | $-227.0M | $-162.5M | $-57.1M | |
| YoY % | -36.7% | +4.2% | -13.4% | +28.4% | +64.9% | |
| Margin % | -135.4% | -108.0% | -133.3% | -90.8% | -20.6% | |
| EV / EBIT | -19.7x | -7.1x | -4.3x | -7.2x | -46.9x | |
| Net Income | $-207.3M | $-200.2M | $-225.3M | $-159.5M | $-59.5M | |
| YoY % | -41.8% | +3.4% | -12.5% | +29.2% | +62.7% | |
| Net Margin | -134.3% | -108.0% | -132.3% | -89.1% | -21.5% | |
| EPS (GAAP) | -$1.48 | -$1.40 | -$1.56 | -$1.08 | -$0.39 | |
| YoY % | -33.3% | +5.4% | -11.4% | +30.8% | +63.9% |