STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $889.2M | $1.1B | $1.3B | $1.6B | $1.8B | |
| YoY % | +14.8% | +22.0% | +16.5% | +23.1% | +18.0% | |
| P / Sales | 4.9x | 3.8x | 3.7x | 4.1x | 3.4x | |
| EV / Sales | 5.9x | 4.6x | 4.7x | 4.9x | 4.3x | |
| Gross Profit, Adj. | $306.8M | $362.0M | $432.5M | $529.9M | $620.2M | |
| YoY % | +18.5% | +18.0% | +19.5% | +22.5% | +17.0% | |
| Margin % | 34.5% | 33.4% | 34.2% | 34.0% | 33.8% | |
| EV / Gross Profit | 17.0x | 13.7x | 13.8x | 14.4x | 12.6x | |
| EBITDA, Adj. | $188.0M | $227.1M | $272.3M | $332.5M | $396.0M | |
| YoY % | +23.7% | +20.8% | +19.9% | +22.1% | +19.1% | |
| Margin % | 21.1% | 20.9% | 21.5% | 21.4% | 21.6% | |
| EV / EBITDA | 27.8x | 21.8x | 21.9x | 22.9x | 19.8x | |
| EBIT | $77.7M | $100.0M | $80.4M | $72.8M | $63.7M | |
| YoY % | +27.0% | +28.8% | -19.6% | -9.5% | -12.5% | |
| Margin % | 8.7% | 9.2% | 6.4% | 4.7% | 3.5% | |
| EV / EBIT | 67.3x | 49.6x | 74.3x | 104.6x | 123.1x | |
| Net Income | $41.1M | $53.1M | $25.4M | $13.5M | $7.9M | |
| YoY % | -54.9% | +29.1% | -52.1% | -46.7% | -41.9% | |
| Net Margin | 4.6% | 4.9% | 2.0% | 0.9% | 0.4% | |
| EPS (GAAP) | $0.80 | $1.03 | $0.46 | $0.23 | $0.12 | |
| YoY % | -57.0% | +28.7% | -55.3% | -50.0% | -47.8% |