STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $640.3M | $502.4M | $510.7M | $319.0M | |
| YoY % | — | -21.5% | +1.6% | -37.5% | |
| P / Sales | — | — | 7.0x | 14.5x | |
| EV / Sales | — | — | 10.1x | 23.9x | |
| Gross Profit, Adj. | $8.4M | $123.5M | $121.1M | $37.9M | |
| YoY % | — | +1369.8% | -1.9% | -68.7% | |
| Margin % | 1.3% | 24.6% | 23.7% | 11.9% | |
| EV / Gross Profit | — | — | 42.7x | 201.3x | |
| EBITDA, Adj. | $-19.3M | $111.4M | $102.0M | $-155.6M | |
| YoY % | — | +676.5% | -8.4% | -252.5% | |
| Margin % | -3.0% | 22.2% | 20.0% | -48.8% | |
| EV / EBITDA | — | — | 50.7x | -49.0x | |
| EBIT | $-1.3B | $15.3M | $-11.2M | $-256.3M | |
| YoY % | — | +101.2% | -172.8% | -2192.9% | |
| Margin % | -203.6% | 3.1% | -2.2% | -80.3% | |
| EV / EBIT | — | — | -462.8x | -29.8x | |
| Net Income | $-2.1B | $-246.5M | $-1.2B | $-280.7M | |
| YoY % | — | +88.5% | -405.2% | +77.5% | |
| Net Margin | -335.2% | -49.1% | -243.9% | -88.0% | |
| EPS (GAAP) | -$6.30 | -$0.65 | -$4.87 | -$0.88 | |
| YoY % | — | +89.7% | -649.2% | +81.9% |