STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $140.8M | $214.2M | $398.2M | $491.7M | $589.0M | |
| YoY % | +18.3% | +52.1% | +85.9% | +23.5% | +19.8% | |
| P / Sales | 5.2x | 9.4x | 4.9x | 5.3x | 5.0x | |
| EV / Sales | 4.2x | 8.3x | 4.7x | 4.5x | 4.1x | |
| Gross Profit, Adj. | $118.9M | $179.8M | $346.2M | $422.9M | $501.7M | |
| YoY % | +16.6% | +51.2% | +92.6% | +22.1% | +18.6% | |
| Margin % | 84.5% | 83.9% | 86.9% | 86.0% | 85.2% | |
| EV / Gross Profit | 5.0x | 9.9x | 5.5x | 5.2x | 4.8x | |
| EBITDA, Adj. | $52.6M | $103.1M | $119.7M | $232.9M | $295.7M | |
| YoY % | +27.0% | +96.0% | +16.1% | +94.6% | +26.9% | |
| Margin % | 37.3% | 48.1% | 30.1% | 47.4% | 50.2% | |
| EV / EBITDA | 11.2x | 17.3x | 15.8x | 9.5x | 8.2x | |
| EBIT | $52.4M | $101.8M | $86.8M | $195.1M | $257.8M | |
| YoY % | +26.8% | +94.4% | -14.8% | +124.8% | +32.1% | |
| Margin % | 37.2% | 47.5% | 21.8% | 39.7% | 43.8% | |
| EV / EBIT | 11.2x | 17.6x | 21.8x | 11.3x | 9.4x | |
| Net Income | $39.5M | $83.1M | $71.4M | $163.9M | $214.3M | |
| YoY % | -47.3% | +110.4% | -14.0% | +129.5% | +30.8% | |
| Net Margin | 28.0% | 38.8% | 17.9% | 33.3% | 36.4% | |
| EPS (GAAP) | $0.37 | $0.75 | $0.63 | $1.31 | $1.68 | |
| YoY % | -47.9% | +102.7% | -16.0% | +107.9% | +28.2% |