STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $22.2M | $54.6M | $161.0M | $256.8M | $384.1M | |
| YoY % | — | +145.7% | +194.9% | +59.6% | +49.6% | |
| P / Sales | 30.4x | 5.2x | 1.9x | 1.7x | 1.0x | |
| EV / Sales | 15.7x | 4.6x | 2.2x | 2.6x | 2.1x | |
| Gross Profit, Adj. | $-6.8M | $-5.7M | $9.7M | $29.4M | $80.8M | |
| YoY % | — | +17.3% | +271.9% | +202.3% | +175.1% | |
| Margin % | -30.7% | -10.4% | 6.0% | 11.4% | 21.0% | |
| EV / Gross Profit | -51.2x | -44.0x | 36.7x | 23.0x | 10.1x | |
| EBITDA, Adj. | $-65.9M | $-113.6M | $-101.4M | $-65.8M | $-36.6M | |
| YoY % | — | -72.3% | +10.7% | +35.2% | +44.3% | |
| Margin % | -296.8% | -208.1% | -63.0% | -25.6% | -9.5% | |
| EV / EBITDA | -5.3x | -2.2x | -3.5x | -10.3x | -22.3x | |
| EBIT | $-89.8M | $-149.5M | $-153.4M | $-131.6M | $-110.7M | |
| YoY % | — | -66.4% | -2.6% | +14.2% | +15.9% | |
| Margin % | -404.4% | -273.9% | -95.3% | -51.2% | -28.8% | |
| EV / EBIT | -3.9x | -1.7x | -2.3x | -5.1x | -7.4x | |
| Net Income | $-5.9M | $-27.6M | $-42.1M | $-44.0M | $-41.4M | |
| YoY % | — | -366.9% | -52.6% | -4.6% | +6.1% | |
| Net Margin | -26.6% | -50.5% | -26.2% | -17.1% | -10.8% | |
| EPS (GAAP) | -$0.09 | -$0.40 | -$0.46 | -$0.41 | -$0.31 | |
| YoY % | — | -344.4% | -15.0% | +10.9% | +24.4% |