STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $908.0M | $1.4B | $2.0B | $2.6B | $1.9B | |
| YoY % | -1.8% | +48.9% | +45.3% | +30.1% | -26.6% | |
| P / Sales | 2.6x | 1.9x | 1.9x | 0.5x | 0.2x | |
| EV / Sales | 3.1x | 2.4x | 2.5x | 1.0x | 1.0x | |
| Gross Profit, Adj. | $250.4M | $316.6M | $460.5M | $367.4M | $399.9M | |
| YoY % | +9.8% | +26.4% | +45.4% | -20.2% | +8.9% | |
| Margin % | 27.6% | 23.4% | 23.4% | 14.4% | 21.3% | |
| EV / Gross Profit | 11.3x | 10.4x | 10.7x | 6.9x | 4.5x | |
| EBITDA, Adj. | $43.9M | $70.4M | $95.3M | $104.2M | $96.3M | |
| YoY % | +11.3% | +60.1% | +35.5% | +9.3% | -7.6% | |
| Margin % | 4.8% | 5.2% | 4.9% | 4.1% | 5.1% | |
| EV / EBITDA | 64.6x | 46.9x | 51.9x | 24.4x | 18.6x | |
| EBIT | $-42.4M | $3.6M | $-63.1M | $-40.5M | $-425.0M | |
| YoY % | +83.8% | +108.6% | -1832.7% | +35.8% | -949.8% | |
| Margin % | -4.7% | 0.3% | -3.2% | -1.6% | -22.7% | |
| EV / EBIT | -67.0x | 905.5x | -78.3x | -62.7x | -4.2x | |
| Net Income | $-37.6M | $-19.2M | $-142.3M | $-93.5M | $-579.4M | |
| YoY % | +88.8% | +49.0% | -642.3% | +34.3% | -520.0% | |
| Net Margin | -4.1% | -1.4% | -7.2% | -3.7% | -30.9% | |
| EPS (GAAP) | -$0.44 | -$0.20 | -$1.28 | -$0.81 | -$5.07 | |
| YoY % | +88.8% | +54.5% | -540.0% | +36.7% | -525.9% |