STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $39.5M | $185.4M | $59.7M | $162.2M | $56.6M | |
| YoY % | — | +369.0% | -67.8% | +171.7% | -65.1% | |
| P / Sales | 21.4x | 3.2x | 14.5x | 4.7x | 22.7x | |
| EV / Sales | 21.9x | 3.5x | 15.8x | 3.9x | 17.1x | |
| Gross Profit, Adj. | $39.5M | $185.4M | $59.7M | $162.2M | $56.6M | |
| YoY % | — | +369.0% | -67.8% | +171.7% | -65.1% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | 21.9x | 3.5x | 15.8x | 3.9x | 17.1x | |
| EBITDA, Adj. | $-92.1M | $39.6M | $-105.7M | $-27.5M | $-204.6M | |
| YoY % | — | +142.9% | -367.1% | +73.9% | -642.7% | |
| Margin % | -233.1% | 21.3% | -177.1% | -17.0% | -361.2% | |
| EV / EBITDA | -9.4x | 16.4x | -8.9x | -23.2x | -4.7x | |
| EBIT | $-98.1M | $32.1M | $-113.7M | $-40.3M | $-219.1M | |
| YoY % | — | +132.7% | -454.2% | +64.6% | -444.2% | |
| Margin % | -248.2% | 17.3% | -190.5% | -24.8% | -386.9% | |
| EV / EBIT | -8.8x | 20.2x | -8.3x | -15.9x | -4.4x | |
| Net Income | $-106.1M | $29.7M | $-104.6M | $15.8M | $-230.5M | |
| YoY % | — | +128.0% | -452.1% | +115.1% | -1555.5% | |
| Net Margin | -268.5% | 16.0% | -175.3% | 9.8% | -407.0% | |
| EPS (GAAP) | -$1.68 | $0.43 | -$1.30 | $0.15 | -$1.89 | |
| YoY % | — | +125.6% | -402.3% | +111.5% | -1360.0% |