STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $805.4M | $1.2B | $1.4B | $1.2B | $1.1B | |
| YoY % | +58.5% | +54.1% | +10.2% | -14.3% | -5.8% | |
| P / Sales | 0.3x | 0.1x | 0.0x | 0.0x | 0.0x | |
| EV / Sales | 4.6x | 3.0x | 2.6x | 2.8x | 2.9x | |
| Gross Profit, Adj. | $228.6M | $404.9M | $442.1M | $357.1M | $336.1M | |
| YoY % | +210.7% | +77.1% | +9.2% | -19.2% | -5.9% | |
| Margin % | 28.4% | 32.6% | 32.3% | 30.5% | 30.4% | |
| EV / Gross Profit | 16.2x | 9.3x | 8.1x | 9.2x | 9.4x | |
| EBITDA, Adj. | $92.4M | $277.9M | $306.8M | $209.7M | $206.5M | |
| YoY % | +209.5% | +200.8% | +10.4% | -31.6% | -1.5% | |
| Margin % | 11.5% | 22.4% | 22.4% | 17.9% | 18.7% | |
| EV / EBITDA | 40.0x | 13.6x | 11.7x | 15.7x | 15.3x | |
| EBIT | $-126.6M | $76.0M | $119.0M | $-2.4M | $-2.4M | |
| YoY % | +70.5% | +160.0% | +56.6% | -102.0% | -2.7% | |
| Margin % | -15.7% | 6.1% | 8.7% | -0.2% | -0.2% | |
| EV / EBIT | -29.2x | 49.7x | 30.1x | -1386.8x | -1298.7x | |
| Net Income | $-267.5M | $-153.2M | $-193.7M | $-82.5M | $-215.0M | |
| YoY % | +48.5% | +42.7% | -26.4% | +57.4% | -160.5% | |
| Net Margin | -33.2% | -12.3% | -14.2% | -7.0% | -19.5% | |
| EPS (GAAP) | -$124.30 | -$44.61 | -$56.11 | -$17.54 | -$35.99 | |
| YoY % | +96.2% | +64.1% | -25.8% | +68.7% | -105.2% |