STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $742.2M | $662.1M | $570.0M | $452.5M | $423.6M | |
| YoY % | +26.7% | -10.8% | -13.9% | -20.6% | -6.4% | |
| P / Sales | 4.3x | 2.5x | 2.5x | 2.8x | 2.1x | |
| EV / Sales | 4.9x | 2.8x | 3.0x | 3.4x | 2.4x | |
| Gross Profit, Adj. | $124.8M | $90.7M | $95.1M | $81.3M | $65.6M | |
| YoY % | +103.3% | -27.3% | +4.9% | -14.5% | -19.3% | |
| Margin % | 16.8% | 13.7% | 16.7% | 18.0% | 15.5% | |
| EV / Gross Profit | 29.1x | 20.3x | 18.1x | 19.2x | 15.8x | |
| EBITDA, Adj. | $-84.5M | $-121.8M | $-99.9M | $-90.4M | $-107.7M | |
| YoY % | +32.3% | -44.1% | +18.0% | +9.5% | -19.1% | |
| Margin % | -11.4% | -18.4% | -17.5% | -20.0% | -25.4% | |
| EV / EBITDA | -43.0x | -15.1x | -17.2x | -17.3x | -9.6x | |
| EBIT | $-133.5M | $-144.6M | $-118.9M | $-103.7M | $-119.6M | |
| YoY % | +29.2% | -8.3% | +17.8% | +12.8% | -15.3% | |
| Margin % | -18.0% | -21.8% | -20.9% | -22.9% | -28.2% | |
| EV / EBIT | -27.2x | -12.7x | -14.5x | -15.1x | -8.7x | |
| Net Income | $-287.0M | $-428.1M | $-313.4M | $-304.6M | $-513.2M | |
| YoY % | -116.1% | -49.2% | +26.8% | +2.8% | -68.5% | |
| Net Margin | -38.7% | -64.7% | -55.0% | -67.3% | -121.2% | |
| EPS (GAAP) | -$3.19 | -$5.25 | -$4.27 | -$4.73 | -$9.08 | |
| YoY % | -115.3% | -64.6% | +18.7% | -10.8% | -92.0% |