STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $91.2M | $110.7M | $186.6M | $347.7M | $443.2M | |
| YoY % | — | +21.4% | +68.6% | +86.3% | +27.5% | |
| P / Sales | 8.4x | 3.0x | 1.1x | 1.9x | 1.8x | |
| EV / Sales | 8.5x | 10.0x | 6.5x | 4.7x | 4.6x | |
| Gross Profit, Adj. | $91.2M | $110.7M | $186.6M | $347.7M | $443.2M | |
| YoY % | — | +21.4% | +68.6% | +86.3% | +27.5% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | 8.5x | 10.0x | 6.5x | 4.7x | 4.6x | |
| EBITDA, Adj. | $-204.3M | $-206.3M | $-182.0M | $9.3M | $100.6M | |
| YoY % | — | -1.0% | +11.8% | +105.1% | +981.7% | |
| Margin % | -224.0% | -186.4% | -97.5% | 2.7% | 22.7% | |
| EV / EBITDA | -3.8x | -5.4x | -6.7x | 176.5x | 20.2x | |
| EBIT | $-215.3M | $-276.8M | $-207.3M | $-17.5M | $75.2M | |
| YoY % | — | -28.6% | +25.1% | +91.6% | +529.7% | |
| Margin % | -236.1% | -250.0% | -111.1% | -5.0% | 17.0% | |
| EV / EBIT | -3.6x | -4.0x | -5.8x | -93.8x | 27.0x | |
| Net Income | $-371.4M | $-333.4M | $-273.1M | $-40.5M | $57.7M | |
| YoY % | — | +10.2% | +18.1% | +85.2% | +242.5% | |
| Net Margin | -407.2% | -301.2% | -146.4% | -11.6% | 13.0% | |
| EPS (GAAP) | -$34.11 | -$14.66 | -$11.58 | -$1.64 | $2.22 | |
| YoY % | — | +57.0% | +21.0% | +85.8% | +235.4% |