STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.4B | $2.0B | $2.6B | $3.3B | $4.2B | |
| YoY % | +78.3% | +45.8% | +28.7% | +29.9% | +25.5% | |
| P / Sales | 2.3x | 2.2x | 1.7x | 2.9x | 1.3x | |
| EV / Sales | 2.8x | 2.9x | 2.5x | 3.7x | 2.7x | |
| Gross Profit, Adj. | $278.4M | $470.2M | $688.0M | $973.0M | $1.4B | |
| YoY % | +56.6% | +68.9% | +46.3% | +41.4% | +46.8% | |
| Margin % | 20.4% | 23.6% | 26.8% | 29.2% | 34.2% | |
| EV / Gross Profit | 14.0x | 12.1x | 9.5x | 12.7x | 8.0x | |
| EBITDA, Adj. | $55.4M | $207.2M | $349.0M | $544.0M | $773.0M | |
| YoY % | +170.2% | +274.0% | +68.4% | +55.9% | +42.1% | |
| Margin % | 4.1% | 10.4% | 13.6% | 16.3% | 18.5% | |
| EV / EBITDA | 70.3x | 27.5x | 18.7x | 22.6x | 14.7x | |
| EBIT | $-49.2M | $94.7M | $134.0M | $247.0M | $341.0M | |
| YoY % | +14.6% | +292.5% | +41.5% | +84.3% | +38.1% | |
| Margin % | -3.6% | 4.8% | 5.2% | 7.4% | 8.2% | |
| EV / EBIT | -79.1x | 60.3x | 48.8x | 49.8x | 33.4x | |
| Net Income | $-48.2M | $75.1M | $86.0M | $228.0M | $78.0M | |
| YoY % | -298.3% | +255.8% | +14.5% | +165.1% | -65.8% | |
| Net Margin | -3.5% | 3.8% | 3.4% | 6.8% | 1.9% | |
| EPS (GAAP) | -$0.89 | $1.05 | $1.43 | $3.03 | $1.08 | |
| YoY % | -107.0% | +218.0% | +36.2% | +111.9% | -64.4% |