STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $243.2M | $350.9M | $482.3M | $611.6M | $764.2M | |
| YoY % | +67.9% | +44.3% | +37.4% | +26.8% | +25.0% | |
| P / Sales | 4.5x | 3.5x | 3.7x | 2.1x | 4.1x | |
| EV / Sales | 5.7x | 4.8x | 4.7x | 3.2x | 4.9x | |
| Gross Profit, Adj. | $157.8M | $233.1M | $310.2M | $424.3M | $531.9M | |
| YoY % | +53.9% | +47.7% | +33.1% | +36.8% | +25.4% | |
| Margin % | 64.9% | 66.4% | 64.3% | 69.4% | 69.6% | |
| EV / Gross Profit | 8.8x | 7.2x | 7.4x | 4.6x | 7.1x | |
| EBITDA, Adj. | $-78.7M | $-79.9M | $-92.1M | $-44.5M | $19.5M | |
| YoY % | -128.4% | -1.6% | -15.3% | +51.7% | +143.9% | |
| Margin % | -32.4% | -22.8% | -19.1% | -7.3% | 2.6% | |
| EV / EBITDA | -17.6x | -20.9x | -24.8x | -43.6x | 192.1x | |
| EBIT | $-121.7M | $-146.9M | $-173.4M | $-136.2M | $-82.1M | |
| YoY % | -106.7% | -20.7% | -18.1% | +21.5% | +39.7% | |
| Margin % | -50.0% | -41.9% | -36.0% | -22.3% | -10.7% | |
| EV / EBIT | -11.4x | -11.4x | -13.2x | -14.2x | -45.7x | |
| Net Income | $-143.0M | $-151.3M | $-186.6M | $-162.1M | $-143.4M | |
| YoY % | -81.1% | -5.8% | -23.4% | +13.1% | +11.6% | |
| Net Margin | -58.8% | -43.1% | -38.7% | -26.5% | -18.8% | |
| EPS (GAAP) | -$1.49 | -$1.46 | -$1.54 | -$1.13 | -$0.96 | |
| YoY % | -26.3% | +2.0% | -5.5% | +26.6% | +15.0% |