STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $3.7B | $5.2B | $2.9B | $2.6B | $2.4B | |
| YoY % | +33.8% | +41.5% | -44.2% | -10.2% | -8.7% | |
| P / Sales | 3.2x | 0.7x | 1.6x | 1.4x | 1.3x | |
| EV / Sales | 3.9x | 1.2x | 2.3x | 2.1x | 1.9x | |
| Gross Profit, Adj. | $2.4B | $3.3B | $1.7B | $1.6B | $1.6B | |
| YoY % | +19.0% | +37.4% | -48.5% | -4.7% | -2.2% | |
| Margin % | 65.0% | 63.1% | 58.2% | 61.8% | 66.2% | |
| EV / Gross Profit | 6.0x | 1.9x | 4.0x | 3.5x | 2.9x | |
| EBITDA, Adj. | $12.8M | $76.7M | $140.2M | $154.1M | $240.7M | |
| YoY % | +116.6% | +499.7% | +82.8% | +9.9% | +56.2% | |
| Margin % | 0.3% | 1.5% | 4.8% | 5.9% | 10.1% | |
| EV / EBITDA | 1127.6x | 81.4x | 48.6x | 36.3x | 19.1x | |
| EBIT | $-137.1M | $-474.8M | $-237.8M | $-28.7M | $-97.4M | |
| YoY % | +74.5% | -246.4% | +49.9% | +87.9% | -239.7% | |
| Margin % | -3.7% | -9.1% | -8.1% | -1.1% | -4.1% | |
| EV / EBIT | -105.2x | -13.1x | -28.7x | -194.9x | -47.2x | |
| Net Income | $581.0M | $-1.2B | $256.7M | $-539.9M | $-104.0M | |
| YoY % | +115.4% | -301.4% | +121.9% | -310.3% | +80.7% | |
| Net Margin | 15.7% | -22.4% | 8.8% | -20.6% | -4.3% | |
| EPS (GAAP) | $6.31 | -$13.55 | $2.97 | -$6.49 | -$1.30 | |
| YoY % | +99.7% | -314.7% | +121.9% | -318.5% | +80.0% |