STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $619.1M | $787.6M | $1.0B | $1.2B | $1.4B | |
| YoY % | — | +27.2% | +27.0% | +20.0% | +17.9% | |
| P / Sales | 1.9x | 3.6x | 2.7x | 0.7x | 3.3x | |
| EV / Sales | 2.7x | 4.7x | 3.7x | 1.5x | 4.1x | |
| Gross Profit, Adj. | $619.1M | $787.6M | $1.0B | $1.2B | $1.4B | |
| YoY % | — | +27.2% | +27.0% | +20.0% | +17.9% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | 2.7x | 4.7x | 3.7x | 1.5x | 4.1x | |
| EBITDA, Adj. | $12.1M | $-15.4M | $69.0M | $105.2M | $175.9M | |
| YoY % | — | -227.2% | +549.6% | +52.4% | +67.1% | |
| Margin % | 2.0% | -1.9% | 6.9% | 8.8% | 12.4% | |
| EV / EBITDA | 137.7x | -241.4x | 53.1x | 17.6x | 33.3x | |
| EBIT | $-10.1M | $-67.6M | $14.4M | $66.3M | $138.4M | |
| YoY % | — | -571.0% | +121.3% | +360.0% | +108.6% | |
| Margin % | -1.6% | -8.6% | 1.4% | 5.5% | 9.8% | |
| EV / EBIT | -165.2x | -54.9x | 254.1x | 27.9x | 42.3x | |
| Net Income | $-46.4M | $32.1M | $15.9M | $8.9M | $38.7M | |
| YoY % | — | +169.2% | -50.5% | -44.0% | +334.6% | |
| Net Margin | -7.5% | 4.1% | 1.6% | 0.7% | 2.7% | |
| EPS (GAAP) | -$0.56 | -$0.07 | $0.09 | $0.10 | $0.37 | |
| YoY % | — | +87.5% | +228.6% | +11.1% | +270.0% |