STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.2B | $1.1B | $1.0B | $801.5M | $651.5M | |
| YoY % | +30.2% | -5.8% | -8.1% | -20.3% | -18.7% | |
| P / Sales | 1.4x | 0.8x | 0.5x | 0.2x | 0.3x | |
| EV / Sales | 1.7x | 1.0x | 0.7x | 0.6x | 0.8x | |
| Gross Profit, Adj. | $477.1M | $406.8M | $323.6M | $271.3M | $219.2M | |
| YoY % | +51.7% | -14.7% | -20.5% | -16.2% | -19.2% | |
| Margin % | 41.1% | 37.2% | 32.2% | 33.8% | 33.6% | |
| EV / Gross Profit | 4.0x | 2.8x | 2.2x | 1.7x | 2.4x | |
| EBITDA, Adj. | $128.4M | $47.5M | $-69.3M | $-128.5M | $-57.7M | |
| YoY % | +823.3% | -63.0% | -245.8% | -85.5% | +55.1% | |
| Margin % | 11.1% | 4.3% | -6.9% | -16.0% | -8.9% | |
| EV / EBITDA | 15.0x | 24.1x | -10.3x | -3.5x | -9.1x | |
| EBIT | $113.2M | $39.0M | $-75.5M | $-135.0M | $-83.3M | |
| YoY % | +407.5% | -65.6% | -293.7% | -78.9% | +38.3% | |
| Margin % | 9.8% | 3.6% | -7.5% | -16.8% | -12.8% | |
| EV / EBIT | 17.0x | 29.5x | -9.5x | -3.4x | -6.3x | |
| Net Income | $371.2M | $28.8M | $-53.2M | $-432.3M | $-93.5M | |
| YoY % | +655.8% | -92.2% | -284.4% | -712.9% | +78.4% | |
| Net Margin | 32.0% | 2.6% | -5.3% | -53.9% | -14.3% | |
| EPS (GAAP) | $2.27 | $0.18 | -$0.35 | -$2.82 | -$0.59 | |
| YoY % | +604.4% | -92.1% | -294.4% | -705.7% | +79.1% |