STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $99.7M | $148.6M | $202.1M | $266.3M | $297.2M | |
| YoY % | +76.3% | +49.1% | +36.0% | +31.8% | +11.6% | |
| P / Sales | 3.3x | 3.0x | 2.8x | 2.6x | 1.4x | |
| EV / Sales | 3.5x | 3.7x | 3.5x | 3.1x | 2.1x | |
| Gross Profit, Adj. | $56.1M | $89.8M | $137.6M | $182.3M | $197.1M | |
| YoY % | +46.8% | +59.9% | +53.2% | +32.5% | +8.1% | |
| Margin % | 56.3% | 60.4% | 68.1% | 68.5% | 66.3% | |
| EV / Gross Profit | 6.3x | 6.1x | 5.2x | 4.5x | 3.2x | |
| EBITDA, Adj. | $-57.3M | $-55.9M | $-44.1M | $-29.1M | $-23.7M | |
| YoY % | +6.1% | +2.5% | +21.0% | +34.0% | +18.6% | |
| Margin % | -57.5% | -37.6% | -21.8% | -10.9% | -8.0% | |
| EV / EBITDA | -6.2x | -9.7x | -16.2x | -28.3x | -26.3x | |
| EBIT | $-38.1M | $-65.3M | $-49.2M | $-34.4M | $-32.7M | |
| YoY % | +75.4% | -71.4% | +24.6% | +30.1% | +5.1% | |
| Margin % | -38.2% | -44.0% | -24.4% | -12.9% | -11.0% | |
| EV / EBIT | -9.3x | -8.3x | -14.5x | -24.0x | -19.1x | |
| Net Income | $-46.8M | $-74.4M | $-61.7M | $-50.4M | $-51.6M | |
| YoY % | +71.3% | -59.0% | +17.1% | +18.3% | -2.4% | |
| Net Margin | -47.0% | -50.1% | -30.5% | -18.9% | -17.4% | |
| EPS (GAAP) | -$0.94 | -$1.33 | -$1.08 | -$0.81 | -$0.80 | |
| YoY % | +80.5% | -41.5% | +18.8% | +25.0% | +1.2% |