STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $262.7M | $341.0M | $413.0M | $510.9M | $669.5M | |
| YoY % | — | +29.8% | +21.1% | +23.7% | +31.0% | |
| P / Sales | 4.6x | 2.1x | 3.2x | 3.9x | 4.2x | |
| EV / Sales | 4.5x | 2.3x | 3.5x | 4.1x | 4.4x | |
| Gross Profit, Adj. | $-213.4M | $2.9M | $69.0M | $128.7M | $153.8M | |
| YoY % | — | +101.3% | +2310.2% | +86.5% | +19.5% | |
| Margin % | -81.2% | 0.8% | 16.7% | 25.2% | 23.0% | |
| EV / Gross Profit | -5.5x | 278.4x | 20.8x | 16.3x | 19.1x | |
| EBITDA, Adj. | $-500.2M | $-111.8M | $6.7M | $17.6M | $-69.4M | |
| YoY % | — | +77.6% | +106.0% | +164.0% | -495.4% | |
| Margin % | -190.4% | -32.8% | 1.6% | 3.4% | -10.4% | |
| EV / EBITDA | -2.3x | -7.1x | 215.4x | 119.3x | -42.2x | |
| EBIT | $-592.7M | $-182.9M | $-74.2M | $-58.5M | $-151.3M | |
| YoY % | — | +69.1% | +59.4% | +21.1% | -158.5% | |
| Margin % | -225.6% | -53.6% | -18.0% | -11.5% | -22.6% | |
| EV / EBIT | -2.0x | -4.4x | -19.3x | -35.8x | -19.4x | |
| Net Income | $-604.1M | $-181.6M | $-85.5M | $-63.0M | $-111.6M | |
| YoY % | — | +69.9% | +52.9% | +26.3% | -77.0% | |
| Net Margin | -229.9% | -53.3% | -20.7% | -12.3% | -16.7% | |
| EPS (GAAP) | -$3.79 | -$0.85 | -$0.38 | -$0.27 | -$0.44 | |
| YoY % | — | +77.6% | +55.3% | +28.9% | -63.0% |