STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $464.7M | $418.9M | $343.4M | $326.5M | $275.5M | |
| YoY % | +14.2% | -9.8% | -18.0% | -4.9% | -15.6% | |
| P / Sales | 8.9x | 1.9x | 1.5x | 0.8x | 0.5x | |
| EV / Sales | 10.0x | 4.2x | 4.7x | 4.3x | 2.0x | |
| Gross Profit, Adj. | $117.3M | $-23.7M | $-82.7M | $41.7M | $7.6M | |
| YoY % | -4.1% | -120.2% | -248.1% | +150.4% | -81.7% | |
| Margin % | 25.2% | -5.7% | -24.1% | 12.8% | 2.8% | |
| EV / Gross Profit | 39.5x | -73.4x | -19.6x | 33.5x | 72.6x | |
| EBITDA, Adj. | $-137.5M | $-292.9M | $-277.8M | $-133.0M | $-200.6M | |
| YoY % | -364.2% | -113.1% | +5.2% | +52.1% | -50.8% | |
| Margin % | -29.6% | -69.9% | -80.9% | -40.7% | -72.8% | |
| EV / EBITDA | -33.7x | -6.0x | -5.8x | -10.5x | -2.8x | |
| EBIT | $-174.9M | $-342.8M | $-341.9M | $-156.1M | $-333.6M | |
| YoY % | -254.5% | -95.9% | +0.3% | +54.3% | -113.7% | |
| Margin % | -37.6% | -81.8% | -99.6% | -47.8% | -121.1% | |
| EV / EBIT | -26.5x | -5.1x | -4.7x | -8.9x | -1.7x | |
| Net Income | $-182.1M | $-366.1M | $-338.1M | $-160.3M | $178.0M | |
| YoY % | -245.2% | -101.1% | +7.6% | +52.6% | +211.1% | |
| Net Margin | -39.2% | -87.4% | -98.5% | -49.1% | 64.6% | |
| EPS (GAAP) | -$2.88 | -$5.75 | -$5.26 | -$2.43 | -$1.83 | |
| YoY % | -238.8% | -99.7% | +8.5% | +53.8% | +24.7% |