STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.1B | $1.5B | $2.3B | $2.2B | $3.2B | |
| YoY % | +18.4% | +37.5% | +52.5% | -3.9% | +46.5% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $144.8M | $148.8M | $280.0M | $237.0M | $337.0M | |
| YoY % | -2.1% | +2.8% | +88.2% | -15.4% | +42.2% | |
| Margin % | 13.3% | 10.0% | 12.3% | 10.8% | 10.5% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $85.0M | $90.5M | $262.0M | $236.0M | $300.0M | |
| YoY % | -19.3% | +6.5% | +189.4% | -9.9% | +27.1% | |
| Margin % | 7.8% | 6.1% | 11.5% | 10.8% | 9.4% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $23.5M | $-166.8M | $69.0M | $-141.0M | $5.0M | |
| YoY % | -43.5% | -808.2% | +141.4% | -304.3% | +103.5% | |
| Margin % | 2.2% | -11.2% | 3.0% | -6.4% | 0.2% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $6.9M | $-194.2M | $38.0M | $-154.0M | $-159.0M | |
| YoY % | -67.4% | -2899.6% | +119.6% | -505.3% | -3.2% | |
| Net Margin | 0.6% | -13.0% | 1.7% | -7.0% | -5.0% | |
| EPS (GAAP) | $0.15 | -$4.33 | $1.19 | -$4.84 | -$4.47 | |
| YoY % | -68.7% | -2986.7% | +127.5% | -506.7% | +7.6% |