STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2020 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $0 | $3.7M | $59.6M | $196.5M | $376.1M | |
| YoY % | — | — | +1517.1% | +229.7% | +91.3% | |
| P / Sales | — | 220.5x | 4.0x | 8.6x | 9.8x | |
| EV / Sales | — | 271.0x | 6.7x | 9.2x | 10.4x | |
| Gross Profit, Adj. | $0 | $2.9M | $54.6M | $177.4M | $339.4M | |
| YoY % | — | — | +1762.9% | +224.8% | +91.3% | |
| Margin % | — | 79.5% | 91.6% | 90.3% | 90.2% | |
| EV / Gross Profit | — | 340.7x | 7.4x | 10.2x | 11.5x | |
| EBITDA, Adj. | $-136.5M | $-300.7M | $-241.1M | $-128.4M | $-12.2M | |
| YoY % | — | -46.1% | +19.8% | +46.7% | +90.5% | |
| Margin % | — | -8157.7% | -404.5% | -65.3% | -3.3% | |
| EV / EBITDA | -7.1x | -3.3x | -1.7x | -14.1x | -318.6x | |
| EBIT | $-136.6M | $-301.6M | $-241.1M | $-128.4M | $-12.2M | |
| YoY % | — | -46.0% | +20.1% | +46.7% | +90.5% | |
| Margin % | — | -8183.0% | -404.5% | -65.3% | -3.3% | |
| EV / EBIT | -7.1x | -3.3x | -1.7x | -14.1x | -318.6x | |
| Net Income | $-135.7M | $-311.5M | $-262.1M | $-140.0M | $-16.1M | |
| YoY % | — | -50.9% | +15.8% | +46.6% | +88.5% | |
| Net Margin | — | -8449.8% | -439.8% | -71.3% | -4.3% | |
| EPS (GAAP) | -$3.80 | -$5.66 | -$3.78 | -$1.16 | -$0.13 | |
| YoY % | — | -35.4% | +33.2% | +69.3% | +88.8% |