STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $567.3M | $980.7M | $1.2B | $1.4B | $1.5B | |
| YoY % | +135.5% | +72.9% | +23.6% | +13.6% | +8.5% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $567.3M | $980.7M | $1.2B | $1.4B | $1.5B | |
| YoY % | +135.5% | +72.9% | +23.6% | +13.6% | +8.5% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $19.9M | $55.3M | $49.1M | $157.7M | $190.6M | |
| YoY % | +1222.6% | +177.9% | -11.1% | +220.9% | +20.9% | |
| Margin % | 3.5% | 5.6% | 4.1% | 11.4% | 12.8% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-31.6M | $-31.1M | $-49.3M | $48.7M | $62.7M | |
| YoY % | -44.2% | +1.7% | -58.5% | +198.9% | +28.7% | |
| Margin % | -5.6% | -3.2% | -4.1% | 3.5% | 4.2% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-30.6M | $-41.8M | $-90.1M | $-24.5M | $-33.8M | |
| YoY % | -95.2% | -36.3% | -115.8% | +72.8% | -37.9% | |
| Net Margin | -5.4% | -4.3% | -7.4% | -1.8% | -2.3% | |
| EPS (GAAP) | -$0.64 | -$0.74 | -$1.50 | -$0.39 | -$0.50 | |
| YoY % | -10.3% | -15.6% | -102.7% | +74.0% | -28.2% |