STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $238.0M | $355.4M | $471.8M | $593.4M | $738.2M | |
| YoY % | — | +49.3% | +32.7% | +25.8% | +24.4% | |
| P / Sales | 7.3x | 8.5x | 11.2x | 7.9x | 3.0x | |
| EV / Sales | 6.0x | 9.0x | 11.9x | 8.4x | 3.5x | |
| Gross Profit, Adj. | $159.5M | $239.6M | $324.3M | $410.2M | $495.7M | |
| YoY % | — | +50.2% | +35.3% | +26.5% | +20.8% | |
| Margin % | 67.0% | 67.4% | 68.7% | 69.1% | 67.1% | |
| EV / Gross Profit | 9.0x | 13.4x | 17.3x | 12.2x | 5.3x | |
| EBITDA, Adj. | $-57.7M | $-119.9M | $-107.9M | $-77.0M | $-84.2M | |
| YoY % | — | -107.7% | +10.0% | +28.6% | -9.3% | |
| Margin % | -24.3% | -33.7% | -22.9% | -13.0% | -11.4% | |
| EV / EBITDA | -24.7x | -26.8x | -51.9x | -65.1x | -30.9x | |
| EBIT | $-78.2M | $-148.1M | $-144.7M | $-122.2M | $-144.8M | |
| YoY % | — | -89.4% | +2.3% | +15.6% | -18.5% | |
| Margin % | -32.9% | -41.7% | -30.7% | -20.6% | -19.6% | |
| EV / EBIT | -18.3x | -21.7x | -38.7x | -41.0x | -18.0x | |
| Net Income | $-76.7M | $-139.0M | $-129.2M | $-103.7M | $-131.3M | |
| YoY % | — | -81.1% | +7.1% | +19.7% | -26.6% | |
| Net Margin | -32.2% | -39.1% | -27.4% | -17.5% | -17.8% | |
| EPS (GAAP) | -$2.20 | -$1.47 | -$1.32 | -$1.02 | -$1.22 | |
| YoY % | — | +33.2% | +10.2% | +22.7% | -19.6% |