STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $183.1M | $327.9M | $337.7M | $418.7M | |
| YoY % | — | +79.1% | +3.0% | +24.0% | |
| P / Sales | 4.0x | 6.6x | 5.4x | 8.9x | |
| EV / Sales | 43.2x | 37.1x | 37.2x | 45.5x | |
| Gross Profit, Adj. | $158.7M | $300.0M | $314.5M | $385.7M | |
| YoY % | — | +89.1% | +4.8% | +22.6% | |
| Margin % | 86.7% | 91.5% | 93.1% | 92.1% | |
| EV / Gross Profit | 49.9x | 40.5x | 39.9x | 49.4x | |
| EBITDA, Adj. | $-255.2M | $-231.4M | $-200.7M | $-343.1M | |
| YoY % | — | +9.3% | +13.3% | -70.9% | |
| Margin % | -139.4% | -70.6% | -59.4% | -82.0% | |
| EV / EBITDA | -31.0x | -52.5x | -62.6x | -55.5x | |
| EBIT | $-491.1M | $-582.2M | $-525.7M | $-843.0M | |
| YoY % | — | -18.5% | +9.7% | -60.3% | |
| Margin % | -268.2% | -177.5% | -155.7% | -201.3% | |
| EV / EBIT | -16.1x | -20.9x | -23.9x | -22.6x | |
| Net Income | $-2.1M | $62.3M | $146.8M | $237.9M | |
| YoY % | — | +3070.2% | +135.6% | +62.1% | |
| Net Margin | -1.1% | 19.0% | 43.5% | 56.8% | |
| EPS (GAAP) | -$0.01 | $0.15 | $0.33 | $0.54 | |
| YoY % | — | +1600.0% | +120.0% | +63.6% |