STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.0B | $1.7B | $2.1B | $2.7B | $3.4B | |
| YoY % | +70.5% | +62.8% | +27.1% | +26.1% | +27.7% | |
| P / Sales | 53.5x | 13.6x | 18.9x | 19.1x | 14.4x | |
| EV / Sales | 54.5x | 14.3x | 19.7x | 19.8x | 15.2x | |
| Gross Profit, Adj. | $794.5M | $1.3B | $1.7B | $2.2B | $2.7B | |
| YoY % | +67.9% | +67.2% | +29.4% | +26.2% | +26.3% | |
| Margin % | 77.2% | 79.3% | 80.7% | 80.8% | 80.0% | |
| EV / Gross Profit | 70.6x | 18.1x | 24.4x | 24.5x | 19.0x | |
| EBITDA, Adj. | $21.6M | $3.9M | $50.2M | $161.3M | $78.2M | |
| YoY % | +78.6% | -81.8% | +1175.3% | +221.2% | -51.5% | |
| Margin % | 2.1% | 0.2% | 2.4% | 6.0% | 2.3% | |
| EV / EBITDA | 2592.1x | 6094.3x | 834.4x | 329.1x | 664.6x | |
| EBIT | $-19.2M | $-58.7M | $-33.5M | $54.3M | $-44.4M | |
| YoY % | -39.1% | -206.4% | +43.0% | +262.2% | -181.7% | |
| Margin % | -1.9% | -3.5% | -1.6% | 2.0% | -1.3% | |
| EV / EBIT | -2929.3x | -408.8x | -1251.9x | 977.6x | -1170.5x | |
| Net Income | $-20.7M | $-50.2M | $48.6M | $183.7M | $107.7M | |
| YoY % | +15.5% | -141.8% | +196.8% | +278.3% | -41.4% | |
| Net Margin | -2.0% | -3.0% | 2.3% | 6.8% | 3.1% | |
| EPS (GAAP) | -$0.07 | -$0.16 | $0.14 | $0.52 | $0.31 | |
| YoY % | +12.5% | -128.6% | +187.5% | +271.4% | -40.4% |