STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $167.3M | $238.1M | $276.3M | $299.3M | $343.2M | |
| YoY % | — | +42.3% | +16.1% | +8.3% | +14.7% | |
| P / Sales | 16.3x | 5.6x | 5.3x | 4.4x | 4.5x | |
| EV / Sales | 15.0x | 5.2x | 4.9x | 4.3x | 4.7x | |
| Gross Profit, Adj. | $115.5M | $167.6M | $204.4M | $222.3M | $253.9M | |
| YoY % | — | +45.1% | +21.9% | +8.8% | +14.2% | |
| Margin % | 69.1% | 70.4% | 74.0% | 74.3% | 74.0% | |
| EV / Gross Profit | 21.7x | 7.4x | 6.7x | 5.8x | 6.4x | |
| EBITDA, Adj. | $-71.1M | $-91.9M | $-88.8M | $-101.3M | $-86.4M | |
| YoY % | — | -29.3% | +3.4% | -14.1% | +14.7% | |
| Margin % | -42.5% | -38.6% | -32.1% | -33.8% | -25.2% | |
| EV / EBITDA | -35.3x | -13.5x | -15.4x | -12.7x | -18.8x | |
| EBIT | $-74.1M | $-96.6M | $-102.5M | $-107.4M | $-96.0M | |
| YoY % | — | -30.2% | -6.2% | -4.7% | +10.6% | |
| Margin % | -44.3% | -40.6% | -37.1% | -35.9% | -28.0% | |
| EV / EBIT | -33.8x | -12.9x | -13.3x | -12.0x | -16.9x | |
| Net Income | $-75.0M | $-93.4M | $-90.4M | $-94.3M | $-88.5M | |
| YoY % | — | -24.5% | +3.2% | -4.4% | +6.1% | |
| Net Margin | -44.8% | -39.2% | -32.7% | -31.5% | -25.8% | |
| EPS (GAAP) | -$1.46 | -$0.84 | -$0.77 | -$0.76 | -$0.67 | |
| YoY % | — | +42.5% | +8.3% | +1.3% | +11.8% |