STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $607.2M | $430.1M | $246.4M | $219.7M | $186.9M | |
| YoY % | +52.3% | -29.2% | -42.7% | -10.8% | -14.9% | |
| P / Sales | 19.6x | 6.9x | 3.3x | 2.6x | 0.5x | |
| EV / Sales | 23.0x | 9.7x | 6.3x | 4.7x | 1.7x | |
| Gross Profit, Adj. | $127.5M | $-100.4M | $-47.0M | $59.8M | $55.2M | |
| YoY % | +502.4% | -178.8% | +53.2% | +227.4% | -7.6% | |
| Margin % | 21.0% | -23.3% | -19.1% | 27.2% | 29.6% | |
| EV / Gross Profit | 109.4x | -41.6x | -33.2x | 17.2x | 5.8x | |
| EBITDA, Adj. | $-581.9M | $-430.9M | $-259.7M | $-81.0M | $-29.7M | |
| YoY % | +36.8% | +26.0% | +39.7% | +68.8% | +63.3% | |
| Margin % | -95.8% | -100.2% | -105.4% | -36.9% | -15.9% | |
| EV / EBITDA | -24.0x | -9.7x | -6.0x | -12.7x | -10.7x | |
| EBIT | $-1.2B | $-519.6M | $-1.9B | $-169.1M | $-81.4M | |
| YoY % | +25.5% | +58.2% | -274.2% | +91.3% | +51.9% | |
| Margin % | -204.8% | -120.8% | -789.3% | -77.0% | -43.5% | |
| EV / EBIT | -11.2x | -8.0x | -0.8x | -6.1x | -3.9x | |
| Net Income | $-1.7B | $-248.0M | $-2.4B | $-486.1M | $-415.6M | |
| YoY % | -32.1% | +85.8% | -877.1% | +79.9% | +14.5% | |
| Net Margin | -287.4% | -57.7% | -983.7% | -221.2% | -222.4% | |
| EPS (GAAP) | -$46.90 | -$6.34 | -$52.26 | -$6.50 | -$3.86 | |
| YoY % | -23.4% | +86.5% | -724.3% | +87.6% | +40.6% |