STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $238.3M | $642.0M | $1.1B | $1.3B | $1.5B | |
| YoY % | +51.2% | +169.4% | +64.9% | +21.9% | +13.4% | |
| P / Sales | 63.7x | 17.4x | 11.7x | 4.3x | 3.3x | |
| EV / Sales | 76.0x | 23.1x | 15.4x | 7.5x | 6.8x | |
| Gross Profit, Adj. | $176.5M | $497.0M | $864.5M | $1.1B | $1.2B | |
| YoY % | +49.0% | +181.6% | +74.0% | +22.1% | +12.8% | |
| Margin % | 74.1% | 77.4% | 81.7% | 81.8% | 81.4% | |
| EV / Gross Profit | 102.6x | 29.8x | 18.9x | 9.2x | 8.3x | |
| EBITDA, Adj. | $-103.0M | $-229.3M | $-200.1M | $-43.4M | $8.8M | |
| YoY % | -243.9% | -122.7% | +12.7% | +78.3% | +120.4% | |
| Margin % | -43.2% | -35.7% | -18.9% | -3.4% | 0.6% | |
| EV / EBITDA | -175.8x | -64.6x | -81.5x | -222.6x | 1121.9x | |
| EBIT | $-114.0M | $-316.8M | $-295.8M | $-174.2M | $-80.6M | |
| YoY % | -233.3% | -178.0% | +6.6% | +41.1% | +53.7% | |
| Margin % | -47.8% | -49.4% | -27.9% | -13.5% | -5.5% | |
| EV / EBIT | -158.8x | -46.7x | -55.2x | -55.5x | -123.1x | |
| Net Income | $-98.7M | $-326.4M | $-223.7M | $-28.9M | $23.8M | |
| YoY % | -217.5% | -230.6% | +31.4% | +87.1% | +182.4% | |
| Net Margin | -41.4% | -50.8% | -21.1% | -2.2% | 1.6% | |
| EPS (GAAP) | -$1.19 | -$3.21 | -$2.11 | -$0.27 | -$0.07 | |
| YoY % | -70.0% | -169.7% | +34.3% | +87.2% | +74.1% |