STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $39.3M | $131.5M | $168.4M | $379.0M | $766.3M | |
| YoY % | +291.7% | +234.8% | +28.0% | +125.0% | +102.2% | |
| P / Sales | 8.7x | 1.0x | 2.4x | 5.3x | 6.0x | |
| EV / Sales | 8.5x | 1.2x | 2.7x | 5.6x | 7.3x | |
| Gross Profit, Adj. | $34.0M | $90.3M | $74.8M | $213.5M | $423.2M | |
| YoY % | +1504.3% | +165.4% | -17.1% | +185.3% | +98.3% | |
| Margin % | 86.6% | 68.6% | 44.4% | 56.3% | 55.2% | |
| EV / Gross Profit | 9.8x | 1.8x | 6.1x | 9.9x | 13.2x | |
| EBITDA, Adj. | $942,462 | $32.5M | $-2.6M | $95.4M | $241.3M | |
| YoY % | +107.7% | +3346.2% | -107.9% | +3799.2% | +153.0% | |
| Margin % | 2.4% | 24.7% | -1.5% | 25.2% | 31.5% | |
| EV / EBITDA | 355.4x | 5.0x | -175.8x | 22.1x | 23.1x | |
| EBIT | $-15.0M | $-41.1M | $-130.5M | $-257.0M | $-107.0M | |
| YoY % | +0.9% | -173.8% | -217.6% | -97.0% | +58.4% | |
| Margin % | -38.2% | -31.2% | -77.5% | -67.8% | -14.0% | |
| EV / EBIT | -22.3x | -4.0x | -3.5x | -8.2x | -52.1x | |
| Net Income | $-22.0M | $-57.7M | $-138.0M | $-149.0M | $352.9M | |
| YoY % | +5.8% | -162.2% | -139.4% | -8.0% | +336.8% | |
| Net Margin | -56.0% | -43.8% | -82.0% | -39.3% | 46.1% | |
| EPS (GAAP) | -$0.75 | -$1.35 | -$1.30 | -$0.69 | $1.12 | |
| YoY % | +69.3% | -80.0% | +3.7% | +46.9% | +262.3% |