STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $318.1M | $392.2M | $578.8M | $1.0B | $1.3B | |
| YoY % | +12.5% | +23.3% | +47.6% | +76.9% | +28.3% | |
| P / Sales | 4.4x | 3.5x | 7.9x | 10.8x | 2.8x | |
| EV / Sales | 4.9x | 3.9x | 8.0x | 11.2x | 3.0x | |
| Gross Profit, Adj. | $206.2M | $251.7M | $390.4M | $724.1M | $935.7M | |
| YoY % | +13.8% | +22.1% | +55.1% | +85.5% | +29.2% | |
| Margin % | 64.8% | 64.2% | 67.4% | 70.7% | 71.2% | |
| EV / Gross Profit | 7.5x | 6.1x | 11.8x | 15.8x | 4.3x | |
| EBITDA, Adj. | $37.2M | $56.9M | $85.7M | $179.8M | $202.1M | |
| YoY % | -20.5% | +52.9% | +50.7% | +109.8% | +12.4% | |
| Margin % | 11.7% | 14.5% | 14.8% | 17.6% | 15.4% | |
| EV / EBITDA | 41.8x | 26.8x | 53.9x | 63.8x | 19.8x | |
| EBIT | $9.4M | $29.8M | $68.1M | $149.7M | $158.0M | |
| YoY % | -68.6% | +216.7% | +128.9% | +119.7% | +5.6% | |
| Margin % | 3.0% | 7.6% | 11.8% | 14.6% | 12.0% | |
| EV / EBIT | 165.4x | 51.2x | 67.8x | 76.6x | 25.3x | |
| Net Income | $6.2M | $21.8M | $61.5M | $127.7M | $112.1M | |
| YoY % | -65.2% | +249.3% | +182.6% | +107.5% | -12.2% | |
| Net Margin | 2.0% | 5.6% | 10.6% | 12.5% | 8.5% | |
| EPS (GAAP) | $0.12 | $0.41 | $1.11 | $2.21 | $1.92 | |
| YoY % | -65.7% | +241.7% | +170.7% | +99.1% | -13.1% |