STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $62.6M | $73.4M | $65.9M | $82.1M | $97.6M | |
| YoY % | — | +17.3% | -10.2% | +24.5% | +19.0% | |
| P / Sales | 18.6x | 6.4x | 3.3x | 8.0x | 9.6x | |
| EV / Sales | 13.8x | 5.4x | 2.5x | 8.0x | 9.1x | |
| Gross Profit, Adj. | $17.1M | $39.5M | $16.9M | $48.8M | $45.7M | |
| YoY % | — | +131.4% | -57.3% | +189.7% | -6.3% | |
| Margin % | 27.3% | 53.8% | 25.6% | 59.5% | 46.9% | |
| EV / Gross Profit | 50.7x | 10.1x | 9.9x | 13.5x | 19.4x | |
| EBITDA, Adj. | $-192.7M | $-187.1M | $-135.0M | $-64.1M | $-78.3M | |
| YoY % | — | +2.9% | +27.8% | +52.6% | -22.3% | |
| Margin % | -308.0% | -254.9% | -204.9% | -78.1% | -80.3% | |
| EV / EBITDA | -4.5x | -2.1x | -1.2x | -10.3x | -11.4x | |
| EBIT | $-192.7M | $-193.0M | $-145.6M | $-74.4M | $-86.4M | |
| YoY % | — | -0.2% | +24.6% | +48.9% | -16.1% | |
| Margin % | -308.0% | -263.0% | -221.0% | -90.7% | -88.5% | |
| EV / EBIT | -4.5x | -2.1x | -1.2x | -8.9x | -10.3x | |
| Net Income | $-32.4M | $-168.7M | $-133.7M | $-72.5M | $-77.1M | |
| YoY % | — | -420.6% | +20.8% | +45.8% | -6.3% | |
| Net Margin | -51.8% | -229.9% | -202.9% | -88.3% | -79.0% | |
| EPS (GAAP) | -$0.19 | -$0.84 | -$0.65 | -$0.34 | -$0.31 | |
| YoY % | — | -342.1% | +22.6% | +47.7% | +8.8% |