STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $23.4M | $52.7M | $79.6M | $103.9M | $145.9M | |
| YoY % | -96.1% | +125.4% | +50.9% | +30.5% | +40.5% | |
| P / Sales | 13.7x | 6.7x | 9.0x | 6.0x | 8.3x | |
| EV / Sales | 3.1x | 4.6x | 10.0x | 7.0x | 9.2x | |
| Gross Profit, Adj. | $4.0M | $1.4M | $31.9M | $59.5M | $75.3M | |
| YoY % | -98.1% | -65.3% | +2179.1% | +86.4% | +26.6% | |
| Margin % | 17.2% | 2.7% | 40.1% | 57.2% | 51.6% | |
| EV / Gross Profit | 18.3x | 171.8x | 25.0x | 12.3x | 17.8x | |
| EBITDA, Adj. | $-50.5M | $-96.3M | $-80.0M | $-63.8M | $-21.5M | |
| YoY % | -618.2% | -90.8% | +16.9% | +20.2% | +66.4% | |
| Margin % | -215.9% | -182.8% | -100.6% | -61.5% | -14.7% | |
| EV / EBITDA | -1.5x | -2.5x | -10.0x | -11.5x | -62.5x | |
| EBIT | $-55.3M | $-103.0M | $-90.1M | $-82.3M | $-48.5M | |
| YoY % | -186.5% | -86.3% | +12.5% | +8.6% | +41.1% | |
| Margin % | -236.3% | -195.3% | -113.2% | -79.2% | -33.2% | |
| EV / EBIT | -1.3x | -2.3x | -8.9x | -8.9x | -27.7x | |
| Net Income | $-10.9M | $-86.8M | $-108.0M | $-54.0M | $-33.1M | |
| YoY % | +50.9% | -697.2% | -24.5% | +50.0% | +38.7% | |
| Net Margin | -46.5% | -164.6% | -135.8% | -52.0% | -22.7% | |
| EPS (GAAP) | -$0.15 | -$0.60 | -$0.72 | -$0.34 | -$0.20 | |
| YoY % | +95.5% | -300.0% | -20.0% | +52.8% | +41.2% |