STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $608.5M | $862.4M | $1.1B | $1.3B | $1.5B | |
| YoY % | +42.3% | +41.7% | +24.0% | +18.6% | +17.0% | |
| P / Sales | 17.3x | 8.3x | 5.1x | 8.4x | 6.0x | |
| EV / Sales | 17.5x | 8.7x | 5.7x | 9.1x | 6.7x | |
| Gross Profit, Adj. | $447.4M | $630.2M | $772.4M | $937.2M | $1.1B | |
| YoY % | +46.7% | +40.8% | +22.6% | +21.3% | +17.7% | |
| Margin % | 73.5% | 73.1% | 72.3% | 74.0% | 74.4% | |
| EV / Gross Profit | 23.8x | 11.9x | 7.9x | 12.4x | 8.9x | |
| EBITDA, Adj. | $-63.3M | $-93.2M | $-98.7M | $-28.4M | $54.3M | |
| YoY % | +51.3% | -47.2% | -5.9% | +71.2% | +291.0% | |
| Margin % | -10.4% | -10.8% | -9.2% | -2.2% | 3.7% | |
| EV / EBITDA | -168.0x | -80.7x | -61.8x | -407.7x | 181.8x | |
| EBIT | $-129.5M | $-173.7M | $-219.2M | $-129.9M | $-54.9M | |
| YoY % | +24.3% | -34.1% | -26.2% | +40.7% | +57.7% | |
| Margin % | -21.3% | -20.1% | -20.5% | -10.3% | -3.7% | |
| EV / EBIT | -82.2x | -43.3x | -27.9x | -89.2x | -179.8x | |
| Net Income | $-129.4M | $-203.8M | $-236.2M | $61.7M | $-108.1M | |
| YoY % | +22.6% | -57.5% | -15.9% | +126.1% | -275.2% | |
| Net Margin | -21.3% | -23.6% | -22.1% | 4.9% | -7.3% | |
| EPS (GAAP) | -$1.48 | -$2.20 | -$2.47 | $0.59 | -$1.04 | |
| YoY % | +30.2% | -48.6% | -12.3% | +123.9% | -276.3% |