STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $382.8M | $349.8M | $310.6M | $281.5M | |
| YoY % | — | -8.6% | -11.2% | -9.4% | |
| P / Sales | 1.9x | 1.7x | 0.4x | 0.1x | |
| EV / Sales | 2.8x | 2.8x | 1.7x | 1.6x | |
| Gross Profit, Adj. | $57.7M | $50.9M | $7.9M | $23.2M | |
| YoY % | — | -11.7% | -84.4% | +192.0% | |
| Margin % | 15.1% | 14.6% | 2.6% | 8.2% | |
| EV / Gross Profit | 18.7x | 19.5x | 68.0x | 20.0x | |
| EBITDA, Adj. | $-203.5M | $10.0M | $-44.6M | $17.7M | |
| YoY % | — | +104.9% | -545.9% | +139.6% | |
| Margin % | -53.2% | 2.9% | -14.4% | 6.3% | |
| EV / EBITDA | -5.3x | 99.4x | -12.1x | 26.2x | |
| EBIT | $-298.3M | $-88.4M | $-141.6M | $-73.3M | |
| YoY % | — | +70.4% | -60.3% | +48.3% | |
| Margin % | -77.9% | -25.3% | -45.6% | -26.0% | |
| EV / EBIT | -3.6x | -11.2x | -3.8x | -6.3x | |
| Net Income | $-98.9M | $-76.0M | $-122.8M | $-80.0M | |
| YoY % | — | +23.1% | -61.4% | +34.9% | |
| Net Margin | -25.8% | -21.7% | -39.5% | -28.4% | |
| EPS (GAAP) | -$9.00 | -$6.48 | -$9.27 | -$5.42 | |
| YoY % | — | +28.0% | -43.1% | +41.5% |