STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $10.1M | $52.2M | $124.5M | $333.6M | $407.3M | |
| YoY % | +33.4% | +416.6% | +138.6% | +168.1% | +22.1% | |
| P / Sales | 11.4x | 8.2x | 10.7x | 3.6x | 3.4x | |
| EV / Sales | 10.8x | 8.1x | 11.5x | 4.2x | 4.1x | |
| Gross Profit, Adj. | $9.1M | $48.0M | $106.7M | $283.1M | $367.8M | |
| YoY % | +22.5% | +428.1% | +122.0% | +165.4% | +29.9% | |
| Margin % | 90.1% | 92.1% | 85.7% | 84.8% | 90.3% | |
| EV / Gross Profit | 12.0x | 8.8x | 13.5x | 4.9x | 4.5x | |
| EBITDA, Adj. | $-148.5M | $-62.6M | $-62.0M | $-25.9M | $-37.9M | |
| YoY % | -68.2% | +57.8% | +1.0% | +58.2% | -46.5% | |
| Margin % | -1470.3% | -120.0% | -49.8% | -7.8% | -9.3% | |
| EV / EBITDA | -0.7x | -6.7x | -23.2x | -53.7x | -44.1x | |
| EBIT | $-154.3M | $-63.8M | $-63.3M | $-27.9M | $-41.0M | |
| YoY % | -70.0% | +58.7% | +0.8% | +55.8% | -46.6% | |
| Margin % | -1528.6% | -122.2% | -50.8% | -8.4% | -10.1% | |
| EV / EBIT | -0.7x | -6.6x | -22.7x | -49.7x | -40.8x | |
| Net Income | $-158.2M | $-67.2M | $-66.1M | $-39.1M | $-61.6M | |
| YoY % | -67.7% | +57.5% | +1.7% | +40.8% | -57.4% | |
| Net Margin | -1566.5% | -128.9% | -53.1% | -11.7% | -15.1% | |
| EPS (GAAP) | -$1.52 | -$0.42 | -$0.30 | -$0.17 | -$0.26 | |
| YoY % | -44.8% | +72.4% | +28.6% | +43.3% | -52.9% |