STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $532.3M | $638.1M | $743.9M | $728.7M | $715.1M | |
| YoY % | +19.3% | +19.9% | +16.6% | -2.0% | -1.9% | |
| P / Sales | 6.4x | 2.2x | 0.6x | 0.4x | 0.4x | |
| EV / Sales | 7.2x | 3.2x | 1.5x | 1.2x | 1.0x | |
| Gross Profit, Adj. | $302.2M | $390.6M | $502.5M | $503.8M | $485.3M | |
| YoY % | +23.3% | +29.2% | +28.6% | +0.3% | -3.7% | |
| Margin % | 56.8% | 61.2% | 67.5% | 69.1% | 67.9% | |
| EV / Gross Profit | 12.7x | 5.3x | 2.2x | 1.7x | 1.5x | |
| EBITDA, Adj. | $-101.0M | $-70.9M | $-7.6M | $30.6M | $54.4M | |
| YoY % | +17.6% | +29.8% | +89.2% | +501.2% | +77.7% | |
| Margin % | -19.0% | -11.1% | -1.0% | 4.2% | 7.6% | |
| EV / EBITDA | -38.0x | -29.1x | -146.0x | 28.2x | 13.5x | |
| EBIT | $-146.1M | $-154.1M | $-66.3M | $-27.6M | $15.2M | |
| YoY % | +8.6% | -5.5% | +57.0% | +58.4% | +155.0% | |
| Margin % | -27.5% | -24.2% | -8.9% | -3.8% | 2.1% | |
| EV / EBIT | -26.2x | -13.4x | -16.8x | -31.2x | 48.2x | |
| Net Income | $-165.6M | $-175.4M | $-73.1M | $-67.6M | $-27.2M | |
| YoY % | +3.9% | -5.9% | +58.3% | +7.6% | +59.7% | |
| Net Margin | -31.1% | -27.5% | -9.8% | -9.3% | -3.8% | |
| EPS (GAAP) | -$1.57 | -$1.55 | -$0.63 | -$0.56 | -$0.21 | |
| YoY % | +8.7% | +1.3% | +59.4% | +11.1% | +62.5% |