STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $234.5M | $235.2M | $109.5M | $115.8M | $123.6M | |
| YoY % | — | +0.3% | -53.4% | +5.7% | +6.8% | |
| P / Sales | 4.1x | 1.5x | 5.7x | 9.2x | 6.4x | |
| EV / Sales | 4.5x | 2.1x | 7.0x | 9.3x | 6.3x | |
| Gross Profit, Adj. | $116.0M | $89.7M | $76.5M | $83.2M | $91.2M | |
| YoY % | — | -22.7% | -14.7% | +8.8% | +9.5% | |
| Margin % | 49.5% | 38.1% | 69.8% | 71.9% | 73.8% | |
| EV / Gross Profit | 9.1x | 5.6x | 10.1x | 12.9x | 8.6x | |
| EBITDA, Adj. | $-178.4M | $-265.8M | $-119.1M | $-40.6M | $-15.9M | |
| YoY % | — | -49.0% | +55.2% | +65.9% | +60.7% | |
| Margin % | -76.1% | -113.0% | -108.7% | -35.0% | -12.9% | |
| EV / EBITDA | -5.9x | -1.9x | -6.5x | -26.4x | -49.1x | |
| EBIT | $-197.2M | $-746.2M | $-143.6M | $-48.8M | $-21.7M | |
| YoY % | — | -278.3% | +80.8% | +66.0% | +55.5% | |
| Margin % | -84.1% | -317.3% | -131.1% | -42.2% | -17.6% | |
| EV / EBIT | -5.4x | -0.7x | -5.4x | -21.9x | -36.0x | |
| Net Income | $-171.3M | $-768.6M | $-185.3M | $-60.5M | $-25.9M | |
| YoY % | — | -348.6% | +75.9% | +67.4% | +57.2% | |
| Net Margin | -73.1% | -326.8% | -169.2% | -52.2% | -20.9% | |
| EPS (GAAP) | -$1.30 | -$3.28 | -$0.76 | -$0.24 | -$0.10 | |
| YoY % | — | -152.3% | +76.8% | +68.4% | +58.3% |