STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $85.0M | $93.4M | $492.0M | $588.9M | |
| YoY % | — | +9.8% | +426.8% | +19.7% | |
| P / Sales | 23.3x | 27.6x | 7.2x | 2.5x | |
| EV / Sales | 38.9x | 47.7x | 10.4x | 5.3x | |
| Gross Profit, Adj. | $20.9M | $-67.5M | $306.7M | $353.3M | |
| YoY % | — | -422.5% | +554.5% | +15.2% | |
| Margin % | 24.6% | -72.3% | 62.3% | 60.0% | |
| EV / Gross Profit | 158.0x | -66.0x | 16.7x | 8.8x | |
| EBITDA, Adj. | $-326.0M | $-330.6M | $100.9M | $116.1M | |
| YoY % | — | -1.4% | +130.5% | +15.0% | |
| Margin % | -383.5% | -354.1% | 20.5% | 19.7% | |
| EV / EBITDA | -10.1x | -13.5x | 50.8x | 26.7x | |
| EBIT | $-346.4M | $-354.9M | $69.6M | $78.2M | |
| YoY % | — | -2.4% | +119.6% | +12.3% | |
| Margin % | -407.5% | -380.0% | 14.2% | 13.3% | |
| EV / EBIT | -9.5x | -12.5x | 73.6x | 39.6x | |
| Net Income | $-513.6M | $-551.7M | $-231.9M | $27.9M | |
| YoY % | — | -7.4% | +58.0% | +112.0% | |
| Net Margin | -604.1% | -590.8% | -47.1% | 4.7% | |
| EPS (GAAP) | -$2.60 | -$2.43 | -$0.87 | $0.10 | |
| YoY % | — | +6.5% | +64.2% | +111.5% |