STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $166.2M | $222.7M | $251.4M | $252.2M | $241.5M | |
| YoY % | — | +34.0% | +12.9% | +0.3% | -4.2% | |
| P / Sales | 15.1x | 5.1x | 4.6x | 1.9x | 1.3x | |
| EV / Sales | 16.5x | 7.3x | 6.5x | 3.4x | 2.1x | |
| Gross Profit, Adj. | $125.5M | $180.0M | $203.9M | $197.5M | $183.3M | |
| YoY % | — | +43.5% | +13.3% | -3.2% | -7.2% | |
| Margin % | 75.5% | 80.9% | 81.1% | 78.3% | 75.9% | |
| EV / Gross Profit | 21.9x | 9.0x | 8.0x | 4.3x | 2.7x | |
| EBITDA, Adj. | $43.7M | $29.6M | $33.8M | $57.4M | $51.4M | |
| YoY % | — | -32.4% | +14.3% | +69.7% | -10.4% | |
| Margin % | 26.3% | 13.3% | 13.4% | 22.7% | 21.3% | |
| EV / EBITDA | 62.7x | 55.0x | 48.5x | 14.9x | 9.7x | |
| EBIT | $-27.3M | $-44.0M | $-329.8M | $-710.8M | $-224.3M | |
| YoY % | — | -61.2% | -648.8% | -115.5% | +68.4% | |
| Margin % | -16.4% | -19.8% | -131.2% | -281.8% | -92.9% | |
| EV / EBIT | -100.4x | -36.9x | -5.0x | -1.2x | -2.2x | |
| Net Income | $-17.8M | $-7.2M | $-202.4M | $-413.1M | $-138.9M | |
| YoY % | — | +59.5% | -2702.4% | -104.1% | +66.4% | |
| Net Margin | -10.7% | -3.2% | -80.5% | -163.8% | -57.5% | |
| EPS (GAAP) | -$0.19 | -$0.07 | -$1.79 | -$3.54 | -$1.30 | |
| YoY % | — | +63.2% | -2457.1% | -97.8% | +63.3% |