STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $313.8M | $477.7M | $251.5M | $227.0M | $170.2M | |
| YoY % | — | +52.2% | -47.4% | -9.7% | -25.1% | |
| P / Sales | 36.0x | 5.6x | 12.9x | 2.2x | 2.7x | |
| EV / Sales | 32.7x | 4.5x | 11.4x | 2.7x | 5.3x | |
| Gross Profit, Adj. | $184.1M | $273.5M | $197.4M | $182.5M | $123.2M | |
| YoY % | — | +48.5% | -27.8% | -7.6% | -32.5% | |
| Margin % | 58.7% | 57.3% | 78.5% | 80.4% | 72.4% | |
| EV / Gross Profit | 55.7x | 7.8x | 14.5x | 3.3x | 7.3x | |
| EBITDA, Adj. | $-1.8B | $-2.2B | $-697.7M | $-424.7M | $-244.9M | |
| YoY % | — | -19.5% | +67.6% | +39.1% | +42.3% | |
| Margin % | -573.9% | -450.6% | -277.5% | -187.1% | -143.9% | |
| EV / EBITDA | -5.7x | -1.0x | -4.1x | -1.4x | -3.7x | |
| EBIT | $-1.8B | $-2.2B | $-864.4M | $-559.8M | $-315.3M | |
| YoY % | — | -18.5% | +60.2% | +35.2% | +43.7% | |
| Margin % | -583.2% | -454.1% | -343.8% | -246.5% | -185.3% | |
| EV / EBIT | -5.6x | -1.0x | -3.3x | -1.1x | -2.9x | |
| Net Income | $-1.8B | $-2.1B | $-892.9M | $-547.0M | $-312.8M | |
| YoY % | — | -15.0% | +57.6% | +38.7% | +42.8% | |
| Net Margin | -583.1% | -440.6% | -355.1% | -240.9% | -183.8% | |
| EPS (GAAP) | -$55.60 | -$50.20 | -$18.37 | -$10.54 | -$5.64 | |
| YoY % | — | +9.7% | +63.4% | +42.6% | +46.5% |