STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $773.9M | $1.1B | $1.4B | $2.0B | $3.2B | |
| YoY % | +12.6% | +47.8% | +21.2% | +46.7% | +56.4% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $177.8M | $181.9M | $215.0M | $271.4M | $341.5M | |
| YoY % | +20.1% | +2.3% | +18.2% | +26.3% | +25.8% | |
| Margin % | 23.0% | 15.9% | 15.5% | 13.3% | 10.7% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $115.7M | $121.8M | $102.4M | $117.3M | $124.3M | |
| YoY % | +17.0% | +5.3% | -16.0% | +14.6% | +6.0% | |
| Margin % | 14.9% | 10.6% | 7.4% | 5.8% | 3.9% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $98.2M | $104.3M | $84.6M | $89.3M | $78.5M | |
| YoY % | +22.0% | +6.2% | -18.8% | +5.6% | -12.1% | |
| Margin % | 12.7% | 9.1% | 6.1% | 4.4% | 2.5% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $68.9M | $45.2M | $60.7M | $43.1M | $22.5M | |
| YoY % | +82.0% | -34.5% | +34.4% | -28.9% | -47.9% | |
| Net Margin | 8.9% | 3.9% | 4.4% | 2.1% | 0.7% | |
| EPS (GAAP) | $1.52 | $0.99 | $1.29 | $0.90 | $0.46 | |
| YoY % | +50.5% | -34.9% | +30.3% | -30.2% | -48.9% |