STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.7B | $2.6B | $3.4B | $3.8B | $4.1B | |
| YoY % | +57.0% | +49.7% | +31.4% | +10.5% | +9.4% | |
| P / Sales | 0.7x | 0.5x | 0.4x | 0.6x | 0.7x | |
| EV / Sales | 1.0x | 0.9x | 0.7x | 0.9x | 1.0x | |
| Gross Profit, Adj. | $390.5M | $618.6M | $814.5M | $914.1M | $1.0B | |
| YoY % | +57.4% | +58.4% | +31.7% | +12.2% | +9.8% | |
| Margin % | 22.4% | 23.7% | 23.7% | 24.1% | 24.2% | |
| EV / Gross Profit | 4.7x | 3.6x | 3.1x | 3.8x | 4.2x | |
| EBITDA, Adj. | $45.8M | $124.0M | $165.3M | $194.2M | $232.4M | |
| YoY % | +166.0% | +170.8% | +33.3% | +17.5% | +19.7% | |
| Margin % | 2.6% | 4.7% | 4.8% | 5.1% | 5.6% | |
| EV / EBITDA | 39.7x | 18.1x | 15.4x | 17.7x | 18.2x | |
| EBIT | $10.8M | $85.7M | $109.7M | $129.3M | $154.3M | |
| YoY % | +110.5% | +693.1% | +28.0% | +17.8% | +19.3% | |
| Margin % | 0.6% | 3.3% | 3.2% | 3.4% | 3.7% | |
| EV / EBIT | 168.2x | 26.1x | 23.2x | 26.6x | 27.4x | |
| Net Income | $-4.9M | $27.8M | $34.6M | $55.5M | $72.4M | |
| YoY % | +94.1% | +663.7% | +24.6% | +60.4% | +30.4% | |
| Net Margin | -0.3% | 1.1% | 1.0% | 1.5% | 1.7% | |
| EPS (GAAP) | -$0.13 | $0.73 | $0.88 | $1.32 | $1.68 | |
| YoY % | +94.7% | +661.5% | +20.5% | +50.0% | +27.3% |