STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $326.6M | $211.0M | $257.2M | $26.4M | $42.2M | |
| YoY % | -31.4% | -35.4% | +21.9% | -89.7% | +59.8% | |
| P / Sales | 3.7x | 3.1x | 1.1x | 6.0x | 3.9x | |
| EV / Sales | 4.2x | 5.8x | 3.9x | 23.2x | 6.5x | |
| Gross Profit, Adj. | $269.0M | $141.0M | $98.3M | $17.7M | $28.4M | |
| YoY % | -38.6% | -47.6% | -30.3% | -82.0% | +60.6% | |
| Margin % | 82.4% | 66.8% | 38.2% | 66.9% | 67.2% | |
| EV / Gross Profit | 5.1x | 8.6x | 10.3x | 34.7x | 9.7x | |
| EBITDA, Adj. | $-260.4M | $-253.2M | $-199.4M | $-194.4M | $-177.2M | |
| YoY % | -263.6% | +2.8% | +21.2% | +2.5% | +8.8% | |
| Margin % | -79.7% | -120.0% | -77.5% | -736.6% | -420.2% | |
| EV / EBITDA | -5.3x | -4.8x | -5.1x | -3.2x | -1.6x | |
| EBIT | $-263.9M | $-256.9M | $-203.2M | $-199.7M | $-181.1M | |
| YoY % | -268.8% | +2.6% | +20.9% | +1.7% | +9.3% | |
| Margin % | -80.8% | -121.7% | -79.0% | -756.6% | -429.5% | |
| EV / EBIT | -5.2x | -4.7x | -5.0x | -3.1x | -1.5x | |
| Net Income | $-287.1M | $-291.8M | $-237.9M | $28.5M | $168.0M | |
| YoY % | -317.1% | -1.6% | +18.5% | +112.0% | +489.4% | |
| Net Margin | -87.9% | -138.2% | -92.5% | 108.0% | 398.4% | |
| EPS (GAAP) | -$3.81 | -$3.76 | -$2.53 | $0.25 | $1.43 | |
| YoY % | -335.2% | +1.3% | +32.7% | +109.9% | +472.0% |