STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $169.5M | $142.4M | $120.4M | $133.3M | $229.3M | |
| YoY % | — | -16.0% | -15.5% | +10.7% | +72.0% | |
| P / Sales | 5.0x | 0.6x | 6.2x | 4.6x | 5.7x | |
| EV / Sales | 5.0x | 1.0x | 6.2x | 4.6x | 6.4x | |
| Gross Profit, Adj. | $111.1M | $10.5M | $-23.7M | $-15.9M | $-18.9M | |
| YoY % | — | -90.5% | -325.7% | +33.0% | -18.8% | |
| Margin % | 65.6% | 7.4% | -19.7% | -11.9% | -8.2% | |
| EV / Gross Profit | 7.7x | 13.8x | -31.4x | -38.4x | -77.2x | |
| EBITDA, Adj. | $92.4M | $31.4M | $26.7M | $57.6M | $25.4M | |
| YoY % | — | -66.0% | -15.0% | +115.6% | -55.9% | |
| Margin % | 54.5% | 22.1% | 22.2% | 43.2% | 11.1% | |
| EV / EBITDA | 9.3x | 4.6x | 27.9x | 10.6x | 57.5x | |
| EBIT | $67.9M | $-134.1M | $-63.2M | $-81.5M | $-125.7M | |
| YoY % | — | -297.4% | +52.9% | -28.9% | -54.3% | |
| Margin % | 40.1% | -94.2% | -52.5% | -61.1% | -54.8% | |
| EV / EBIT | 12.6x | -1.1x | -11.8x | -7.5x | -11.6x | |
| Net Income | $22.1M | $-175.6M | $-55.5M | $-28.4M | $-284.5M | |
| YoY % | — | -893.7% | +68.4% | +48.9% | -903.2% | |
| Net Margin | 13.1% | -123.3% | -46.1% | -21.3% | -124.1% | |
| EPS (GAAP) | $0.13 | -$0.85 | -$0.21 | -$0.07 | -$0.52 | |
| YoY % | — | -753.8% | +75.3% | +66.7% | -642.9% |