STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $211.7M | $292.5M | $194.6M | $160.2M | $236.2M | |
| YoY % | -28.2% | +38.2% | -33.5% | -17.7% | +47.5% | |
| P / Sales | 1.8x | 0.4x | 1.2x | 2.5x | 1.8x | |
| EV / Sales | 3.2x | 1.3x | 2.4x | 3.9x | 2.4x | |
| Gross Profit, Adj. | $61.0M | $206.9M | $120.5M | $97.0M | $196.7M | |
| YoY % | +3426.7% | +239.3% | -41.8% | -19.5% | +102.8% | |
| Margin % | 28.8% | 70.7% | 61.9% | 60.6% | 83.3% | |
| EV / Gross Profit | 11.2x | 1.8x | 3.9x | 6.4x | 2.9x | |
| EBITDA, Adj. | $-226.5M | $-27.1M | $-8.4M | $-12.9M | $24.8M | |
| YoY % | +34.0% | +88.0% | +68.9% | -52.8% | +291.9% | |
| Margin % | -107.0% | -9.3% | -4.3% | -8.1% | 10.5% | |
| EV / EBITDA | -3.0x | -13.8x | -55.3x | -47.9x | 23.1x | |
| EBIT | $-264.5M | $-80.8M | $-46.3M | $-50.5M | $23.5M | |
| YoY % | +30.0% | +69.5% | +42.7% | -9.1% | +146.6% | |
| Margin % | -125.0% | -27.6% | -23.8% | -31.5% | 9.9% | |
| EV / EBIT | -2.6x | -4.6x | -10.1x | -12.3x | 24.4x | |
| Net Income | $-282.0M | $-94.2M | $-51.9M | $-69.4M | $-5.3M | |
| YoY % | +26.7% | +66.6% | +44.9% | -33.7% | +92.3% | |
| Net Margin | -133.3% | -32.2% | -26.7% | -43.3% | -2.3% | |
| EPS (GAAP) | -$1.70 | -$0.52 | -$0.28 | -$0.33 | -$0.02 | |
| YoY % | +38.8% | +69.4% | +46.2% | -17.9% | +93.9% |