STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.2B | $1.6B | $1.9B | $1.8B | $1.9B | |
| YoY % | — | +34.8% | +18.6% | -3.4% | +7.9% | |
| P / Sales | 1.7x | 1.0x | 0.8x | 0.6x | 0.7x | |
| EV / Sales | 3.2x | 2.3x | 2.1x | 2.1x | 2.0x | |
| Gross Profit, Adj. | $210.0M | $383.7M | $454.3M | $390.3M | $411.9M | |
| YoY % | — | +82.7% | +18.4% | -14.1% | +5.5% | |
| Margin % | 18.0% | 24.4% | 24.4% | 21.7% | 21.2% | |
| EV / Gross Profit | 17.7x | 9.4x | 8.8x | 9.7x | 9.5x | |
| EBITDA, Adj. | $218.9M | $326.8M | $389.9M | $338.7M | $388.8M | |
| YoY % | — | +49.3% | +19.3% | -13.1% | +14.8% | |
| Margin % | 18.8% | 20.8% | 20.9% | 18.8% | 20.0% | |
| EV / EBITDA | 17.0x | 11.0x | 10.2x | 11.2x | 10.1x | |
| EBIT | $9.9M | $103.3M | $170.9M | $102.9M | $124.9M | |
| YoY % | — | +947.4% | +65.5% | -39.8% | +21.5% | |
| Margin % | 0.8% | 6.6% | 9.2% | 5.7% | 6.4% | |
| EV / EBIT | 377.2x | 34.9x | 23.3x | 36.7x | 31.5x | |
| Net Income | $-181.5M | $38.9M | $50.7M | $-28.7M | $-31.1M | |
| YoY % | — | +121.4% | +30.3% | -156.5% | -8.4% | |
| Net Margin | -15.6% | 2.5% | 2.7% | -1.6% | -1.6% | |
| EPS (GAAP) | -$0.75 | $0.16 | $0.21 | -$0.12 | -$0.14 | |
| YoY % | — | +121.3% | +31.2% | -157.1% | -16.7% |