STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $270.5M | $123.1M | $127.0M | $47.4M | $99.7M | |
| YoY % | — | -54.5% | +3.2% | -62.7% | +110.5% | |
| P / Sales | 2.4x | 2.1x | 0.6x | 1.5x | 1.5x | |
| EV / Sales | 2.4x | 2.3x | 0.9x | 2.7x | 2.9x | |
| Gross Profit, Adj. | $-32.5M | $-27.2M | $8.3M | $-12.6M | $-880,000 | |
| YoY % | — | +16.3% | +130.5% | -251.6% | +93.0% | |
| Margin % | -12.0% | -22.1% | 6.5% | -26.6% | -0.9% | |
| EV / Gross Profit | -19.9x | -10.5x | 13.9x | -10.3x | -325.6x | |
| EBITDA, Adj. | $-126.6M | $-98.7M | $-49.4M | $-51.2M | $-34.1M | |
| YoY % | — | +22.0% | +49.9% | -3.6% | +33.3% | |
| Margin % | -46.8% | -80.2% | -38.9% | -108.0% | -34.3% | |
| EV / EBITDA | -5.1x | -2.9x | -2.3x | -2.5x | -8.4x | |
| EBIT | $-126.8M | $-99.6M | $-50.8M | $-52.8M | $-35.4M | |
| YoY % | — | +21.5% | +49.0% | -4.0% | +32.9% | |
| Margin % | -46.9% | -80.9% | -40.0% | -111.6% | -35.5% | |
| EV / EBIT | -5.1x | -2.9x | -2.3x | -2.5x | -8.1x | |
| Net Income | $-106.6M | $-99.6M | $-50.3M | $-48.6M | $-79.6M | |
| YoY % | — | +6.5% | +49.5% | +3.3% | -63.7% | |
| Net Margin | -39.4% | -80.9% | -39.6% | -102.6% | -79.8% | |
| EPS (GAAP) | -$12.40 | -$9.80 | -$4.35 | -$3.83 | -$5.68 | |
| YoY % | — | +21.0% | +55.6% | +12.0% | -48.3% |