STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $250.8M | $369.5M | $531.1M | $748.0M | $1.0B | |
| YoY % | — | +47.3% | +43.7% | +40.8% | +38.7% | |
| P / Sales | 9.9x | 7.6x | 18.8x | 20.4x | 8.2x | |
| EV / Sales | 8.3x | 6.5x | 17.9x | 20.0x | 7.8x | |
| Gross Profit, Adj. | $181.6M | $270.1M | $389.0M | $544.4M | $749.5M | |
| YoY % | — | +48.7% | +44.0% | +39.9% | +37.7% | |
| Margin % | 72.4% | 73.1% | 73.2% | 72.8% | 72.2% | |
| EV / Gross Profit | 11.5x | 8.9x | 24.5x | 27.5x | 10.8x | |
| EBITDA, Adj. | $-57.3M | $-61.1M | $-6.2M | $73.4M | $150.0M | |
| YoY % | — | -6.7% | +89.9% | +1291.6% | +104.2% | |
| Margin % | -22.8% | -16.5% | -1.2% | 9.8% | 14.5% | |
| EV / EBITDA | -36.3x | -39.2x | -1544.9x | 203.7x | 53.9x | |
| EBIT | $-60.0M | $-66.0M | $-13.3M | $62.6M | $135.6M | |
| YoY % | — | -10.0% | +79.9% | +572.1% | +116.6% | |
| Margin % | -23.9% | -17.9% | -2.5% | 8.4% | 13.1% | |
| EV / EBIT | -34.7x | -36.3x | -718.2x | 239.0x | 59.7x | |
| Net Income | $-60.1M | $-59.6M | $16.1M | $88.6M | $414.1M | |
| YoY % | — | +0.9% | +127.0% | +451.3% | +367.5% | |
| Net Margin | -24.0% | -16.1% | 3.0% | 11.8% | 39.9% | |
| EPS (GAAP) | -$2.57 | -$1.51 | $0.35 | $1.88 | $8.57 | |
| YoY % | — | +41.2% | +123.2% | +437.1% | +355.9% |