STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $52.4M | $139.4M | $338.6M | $455.8M | $549.4M | |
| YoY % | -93.5% | +166.1% | +142.8% | +34.6% | +20.6% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $52.4M | $139.4M | $338.6M | $455.8M | $549.4M | |
| YoY % | -77.7% | +166.1% | +142.8% | +34.6% | +20.6% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $-383.5M | $1.4M | $70.8M | $152.9M | $204.6M | |
| YoY % | -574.9% | +100.4% | +4934.1% | +115.8% | +33.8% | |
| Margin % | -731.8% | 1.0% | 20.9% | 33.5% | 37.2% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $-519.9M | $-95.9M | $15.4M | $105.6M | $145.7M | |
| YoY % | -4055.1% | +81.6% | +116.0% | +587.2% | +37.9% | |
| Margin % | -992.0% | -68.8% | 4.5% | 23.2% | 26.5% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $-509.0M | $-107.6M | $-27.9M | $15.1M | $91.2M | |
| YoY % | -6602.8% | +78.9% | +74.1% | +154.2% | +504.8% | |
| Net Margin | -971.2% | -77.2% | -8.2% | 3.3% | 16.6% | |
| EPS (GAAP) | -$3.00 | -$0.54 | -$0.15 | $0.08 | $0.46 | |
| YoY % | -934.5% | +82.0% | +72.2% | +153.3% | +475.0% |