STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $674.7M | $873.1M | $1.3B | $1.4B | $1.3B | |
| YoY % | -8.0% | +29.4% | +47.7% | +5.3% | -4.9% | |
| P / Sales | 0.7x | 1.2x | 1.2x | 1.1x | 0.7x | |
| EV / Sales | 1.3x | 2.0x | 1.7x | 1.6x | 1.2x | |
| Gross Profit, Adj. | $15.4M | $50.6M | $200.4M | $219.6M | $159.1M | |
| YoY % | -80.7% | +228.8% | +295.8% | +9.6% | -27.5% | |
| Margin % | 2.3% | 5.8% | 15.5% | 16.2% | 12.3% | |
| EV / Gross Profit | 58.0x | 34.5x | 11.1x | 9.8x | 9.6x | |
| EBITDA, Adj. | $93.5M | $116.5M | $244.4M | $265.1M | $217.7M | |
| YoY % | -38.7% | +24.7% | +109.7% | +8.5% | -17.9% | |
| Margin % | 13.9% | 13.3% | 18.9% | 19.5% | 16.9% | |
| EV / EBITDA | 9.6x | 15.0x | 9.1x | 8.1x | 7.0x | |
| EBIT | $-48.1M | $-42.2M | $105.4M | $127.9M | $83.2M | |
| YoY % | -496.0% | +12.2% | +349.8% | +21.4% | -35.0% | |
| Margin % | -7.1% | -4.8% | 8.2% | 9.4% | 6.4% | |
| EV / EBIT | -18.6x | -41.4x | 21.2x | 16.8x | 18.3x | |
| Net Income | $-61.5M | $-87.8M | $-10.8M | $55.6M | $30.8M | |
| YoY % | -413.4% | -42.7% | +87.7% | +613.4% | -44.6% | |
| Net Margin | -9.1% | -10.1% | -0.8% | 4.1% | 2.4% | |
| EPS (GAAP) | -$0.41 | -$0.58 | -$0.07 | $0.36 | $0.21 | |
| YoY % | -415.4% | -41.5% | +87.9% | +614.3% | -41.7% |