STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $371.0M | $498.0M | $596.4M | $720.4M | $838.8M | |
| YoY % | — | +34.2% | +19.8% | +20.8% | +16.4% | |
| P / Sales | 9.2x | 8.5x | 10.9x | 6.8x | 4.3x | |
| EV / Sales | 7.9x | 8.5x | 10.7x | 6.5x | 4.3x | |
| Gross Profit, Adj. | $293.0M | $402.2M | $493.1M | $607.1M | $712.7M | |
| YoY % | — | +37.3% | +22.6% | +23.1% | +17.4% | |
| Margin % | 79.0% | 80.8% | 82.7% | 84.3% | 85.0% | |
| EV / Gross Profit | 10.0x | 10.6x | 12.9x | 7.8x | 5.1x | |
| EBITDA, Adj. | $-178.6M | $-203.3M | $-134.1M | $-81.0M | $71.2M | |
| YoY % | — | -13.8% | +34.1% | +39.6% | +187.9% | |
| Margin % | -48.1% | -40.8% | -22.5% | -11.2% | 8.5% | |
| EV / EBITDA | -16.4x | -20.9x | -47.5x | -58.3x | 50.6x | |
| EBIT | $-204.8M | $-233.4M | $-170.2M | $-138.6M | $13.2M | |
| YoY % | — | -14.0% | +27.1% | +18.5% | +109.5% | |
| Margin % | -55.2% | -46.9% | -28.5% | -19.2% | 1.6% | |
| EV / EBIT | -14.3x | -18.2x | -37.4x | -34.0x | 272.5x | |
| Net Income | $-2.8B | $-232.1M | $-137.4M | $-95.4M | $183.7M | |
| YoY % | — | +91.8% | +40.8% | +30.6% | +292.6% | |
| Net Margin | -765.1% | -46.6% | -23.0% | -13.2% | 21.9% | |
| EPS (GAAP) | -$21.73 | -$0.82 | -$0.47 | -$0.32 | $0.63 | |
| YoY % | — | +96.2% | +42.7% | +31.9% | +296.9% |