STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $305.5M | $329.2M | $399.4M | $528.3M | $634.2M | |
| YoY % | +17.1% | +7.8% | +21.3% | +32.3% | +20.0% | |
| P / Sales | 10.3x | 10.5x | 10.5x | 5.4x | 6.9x | |
| EV / Sales | 11.4x | 11.8x | 11.5x | 6.1x | 7.7x | |
| Gross Profit, Adj. | $271.0M | $290.6M | $362.0M | $475.4M | $561.3M | |
| YoY % | +17.9% | +7.2% | +24.6% | +31.3% | +18.1% | |
| Margin % | 88.7% | 88.3% | 90.7% | 90.0% | 88.5% | |
| EV / Gross Profit | 12.9x | 13.4x | 12.6x | 6.8x | 8.6x | |
| EBITDA, Adj. | $-193.7M | $-199.1M | $-68.2M | $42.6M | $42.0M | |
| YoY % | +17.6% | -2.8% | +65.7% | +162.5% | -1.5% | |
| Margin % | -63.4% | -60.5% | -17.1% | 8.1% | 6.6% | |
| EV / EBITDA | -18.0x | -19.6x | -67.1x | 76.1x | 115.7x | |
| EBIT | $-199.9M | $-211.0M | $-77.2M | $24.9M | $32.8M | |
| YoY % | +18.0% | -5.6% | +63.4% | +132.2% | +31.8% | |
| Margin % | -65.4% | -64.1% | -19.3% | 4.7% | 5.2% | |
| EV / EBIT | -17.4x | -18.5x | -59.2x | 130.4x | 148.0x | |
| Net Income | $-250.5M | $-236.6M | $-151.6M | $-56.1M | $-27.1M | |
| YoY % | +9.5% | +5.5% | +35.9% | +63.0% | +51.7% | |
| Net Margin | -82.0% | -71.9% | -38.0% | -10.6% | -4.3% | |
| EPS (GAAP) | -$0.92 | -$0.82 | -$0.51 | -$0.18 | -$0.09 | |
| YoY % | +14.0% | +10.9% | +37.8% | +64.7% | +50.0% |