STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $428.6M | $576.3M | $692.9M | $780.6M | $901.4M | |
| YoY % | — | +34.5% | +20.2% | +12.7% | +15.5% | |
| P / Sales | 17.5x | 4.5x | 5.0x | 4.1x | 5.6x | |
| EV / Sales | 17.0x | 7.3x | 7.1x | 5.9x | 7.4x | |
| Gross Profit, Adj. | $258.0M | $364.4M | $397.5M | $465.9M | $539.6M | |
| YoY % | — | +41.3% | +9.1% | +17.2% | +15.8% | |
| Margin % | 60.2% | 63.2% | 57.4% | 59.7% | 59.9% | |
| EV / Gross Profit | 28.3x | 11.5x | 12.5x | 9.9x | 12.4x | |
| EBITDA, Adj. | $77.2M | $76.5M | $150.6M | $221.1M | $294.4M | |
| YoY % | — | -0.8% | +96.8% | +46.7% | +33.2% | |
| Margin % | 18.0% | 13.3% | 21.7% | 28.3% | 32.7% | |
| EV / EBITDA | 94.6x | 54.9x | 32.9x | 21.0x | 22.7x | |
| EBIT | $-11.2M | $-25.7M | $11.9M | $91.0M | $157.0M | |
| YoY % | — | -129.7% | +146.3% | +665.0% | +72.5% | |
| Margin % | -2.6% | -4.5% | 1.7% | 11.7% | 17.4% | |
| EV / EBIT | -652.4x | -163.6x | 416.2x | 50.9x | 42.6x | |
| Net Income | $-19.5M | $-27.8M | $19.4M | $84.5M | $259.3M | |
| YoY % | — | -42.6% | +169.8% | +335.3% | +206.8% | |
| Net Margin | -4.6% | -4.8% | 2.8% | 10.8% | 28.8% | |
| EPS (GAAP) | -$0.21 | -$0.28 | $0.20 | $0.89 | $2.52 | |
| YoY % | — | -33.3% | +171.4% | +345.0% | +183.1% |