STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $479.4M | $344.5M | $226.6M | $190.3M | $134.3M | |
| YoY % | +40.1% | -28.1% | -34.2% | -16.0% | -29.4% | |
| P / Sales | 2.5x | 0.2x | 0.2x | 0.1x | 0.1x | |
| EV / Sales | 3.0x | 0.8x | 1.0x | 1.1x | 1.4x | |
| Gross Profit, Adj. | $101.5M | $29.3M | $37.6M | $32.1M | $15.2M | |
| YoY % | +59.5% | -71.1% | +28.2% | -14.6% | -52.7% | |
| Margin % | 21.2% | 8.5% | 16.6% | 16.9% | 11.3% | |
| EV / Gross Profit | 14.2x | 9.3x | 6.1x | 6.3x | 12.3x | |
| EBITDA, Adj. | $12.2M | $-47.7M | $-17.6M | $-10.0M | $-21.6M | |
| YoY % | +2.6% | -490.2% | +63.1% | +43.4% | -116.6% | |
| Margin % | 2.6% | -13.9% | -7.8% | -5.2% | -16.1% | |
| EV / EBITDA | 118.2x | -5.7x | -13.1x | -20.4x | -8.7x | |
| EBIT | $-2.7M | $-281.6M | $-49.7M | $-40.7M | $-276.9M | |
| YoY % | -163.0% | -10333.3% | +82.3% | +18.2% | -581.0% | |
| Margin % | -0.6% | -81.7% | -21.9% | -21.4% | -206.3% | |
| EV / EBIT | -535.6x | -1.0x | -4.6x | -5.0x | -0.7x | |
| Net Income | $13.4M | $-285.4M | $-64.8M | $-66.7M | $-289.8M | |
| YoY % | +235.9% | -2227.4% | +77.3% | -2.9% | -334.4% | |
| Net Margin | 2.8% | -82.8% | -28.6% | -35.1% | -215.9% | |
| EPS (GAAP) | $3.10 | -$63.50 | -$14.24 | -$14.51 | -$62.35 | |
| YoY % | +167.4% | -2148.4% | +77.6% | -1.9% | -329.7% |