STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $373.7M | $449.5M | $563.9M | $739.0M | $982.0M | |
| YoY % | +30.3% | +20.3% | +25.5% | +31.0% | +32.9% | |
| P / Sales | 27.1x | 6.1x | 5.3x | 5.1x | 13.0x | |
| EV / Sales | 30.0x | 9.3x | 6.1x | 6.6x | 14.8x | |
| Gross Profit, Adj. | $250.7M | $293.2M | $336.9M | $449.2M | $633.0M | |
| YoY % | +29.1% | +16.9% | +14.9% | +33.3% | +40.9% | |
| Margin % | 67.1% | 65.2% | 59.7% | 60.8% | 64.5% | |
| EV / Gross Profit | 44.7x | 14.2x | 10.3x | 10.8x | 23.0x | |
| EBITDA, Adj. | $-388.7M | $-508.4M | $-521.8M | $-401.2M | $-397.5M | |
| YoY % | -62.7% | -30.8% | -2.6% | +23.1% | +0.9% | |
| Margin % | -104.0% | -113.1% | -92.5% | -54.3% | -40.5% | |
| EV / EBITDA | -28.8x | -8.2x | -6.6x | -12.1x | -36.6x | |
| EBIT | $-411.0M | $-544.4M | $-564.7M | $-443.6M | $-437.2M | |
| YoY % | -61.2% | -32.5% | -3.7% | +21.4% | +1.4% | |
| Margin % | -110.0% | -121.1% | -100.1% | -60.0% | -44.5% | |
| EV / EBIT | -27.3x | -7.7x | -6.1x | -10.9x | -33.3x | |
| Net Income | $-405.7M | $-654.6M | $-479.4M | $-436.4M | $-416.3M | |
| YoY % | -59.8% | -61.4% | +26.8% | +9.0% | +4.6% | |
| Net Margin | -108.6% | -145.6% | -85.0% | -59.0% | -42.4% | |
| EPS (GAAP) | -$4.00 | -$6.41 | -$4.28 | -$3.56 | -$3.32 | |
| YoY % | -53.8% | -60.3% | +33.2% | +16.8% | +6.7% |