STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $9.8M | $12.8M | $20.9M | $24.3M | $55.1M | |
| YoY % | — | +30.3% | +62.7% | +16.2% | +127.0% | |
| P / Sales | 66.2x | 40.6x | 18.2x | 11.6x | 3.1x | |
| EV / Sales | 66.7x | 41.2x | 20.1x | 12.7x | 4.0x | |
| Gross Profit, Adj. | $-644,000 | $-2.0M | $-11.6M | $-1.2M | $12.9M | |
| YoY % | — | -204.7% | -491.9% | +90.0% | +1211.5% | |
| Margin % | -6.5% | -15.3% | -55.6% | -4.8% | 23.4% | |
| EV / Gross Profit | -1020.0x | -269.3x | -36.2x | -265.9x | 17.3x | |
| EBITDA, Adj. | $-149.3M | $-119.1M | $-123.4M | $-94.1M | $-61.9M | |
| YoY % | — | +20.3% | -3.6% | +23.7% | +34.3% | |
| Margin % | -1516.8% | -928.2% | -591.2% | -387.9% | -112.3% | |
| EV / EBITDA | -4.4x | -4.4x | -3.4x | -3.3x | -3.6x | |
| EBIT | $-153.3M | $-126.5M | $-132.6M | $-101.9M | $-67.7M | |
| YoY % | — | +17.4% | -4.8% | +23.1% | +33.5% | |
| Margin % | -1557.0% | -986.5% | -635.2% | -420.0% | -123.0% | |
| EV / EBIT | -4.3x | -4.2x | -3.2x | -3.0x | -3.3x | |
| Net Income | $-153.6M | $-126.9M | $-123.5M | $-94.8M | $-67.8M | |
| YoY % | — | +17.4% | +2.7% | +23.2% | +28.5% | |
| Net Margin | -1559.9% | -989.0% | -591.4% | -390.5% | -123.1% | |
| EPS (GAAP) | -$1.54 | -$0.94 | -$0.84 | -$0.57 | -$0.34 | |
| YoY % | — | +39.0% | +10.6% | +32.1% | +40.4% |