STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $39.4M | $56.2M | $727.0M | $3.4B | $2.3B | |
| YoY % | — | +42.6% | +1193.0% | +373.3% | -32.1% | |
| P / Sales | 11.7x | 1.5x | 0.3x | 0.0x | 0.1x | |
| EV / Sales | 4.8x | 1.8x | 0.4x | 0.1x | 0.1x | |
| Gross Profit, Adj. | $39.4M | $56.2M | $8.5M | $37.8M | $26.9M | |
| YoY % | — | +42.6% | -84.9% | +346.5% | -29.1% | |
| Margin % | 100.0% | 100.0% | 1.2% | 1.1% | 1.1% | |
| EV / Gross Profit | 4.8x | 1.8x | 31.3x | 8.3x | 5.4x | |
| EBITDA, Adj. | $-166.7M | $-150.3M | $-97.0M | $-73.2M | $-141.1M | |
| YoY % | — | +9.9% | +35.5% | +24.6% | -92.8% | |
| Margin % | -422.8% | -267.3% | -13.3% | -2.1% | -6.0% | |
| EV / EBITDA | -1.1x | -0.7x | -2.7x | -4.3x | -1.0x | |
| EBIT | $-214.6M | $-2.0B | $-156.2M | $-82.6M | $-147.8M | |
| YoY % | — | -840.0% | +92.3% | +47.1% | -79.0% | |
| Margin % | -544.2% | -3587.9% | -21.5% | -2.4% | -6.3% | |
| EV / EBIT | -0.9x | -0.1x | -1.7x | -3.8x | -1.0x | |
| Net Income | $-183.2M | $-578.1M | $-74.9M | $-46.7M | $-107.2M | |
| YoY % | — | -215.5% | +87.1% | +37.7% | -129.8% | |
| Net Margin | -464.6% | -1028.2% | -10.3% | -1.4% | -4.6% | |
| EPS (GAAP) | -$84.75 | -$203.08 | -$21.01 | -$7.97 | -$8.87 | |
| YoY % | — | -139.6% | +89.7% | +62.1% | -11.3% |