STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $38.5M | $220.2M | $270.3M | $423.2M | $677.6M | |
| YoY % | — | +471.2% | +22.7% | +56.6% | +60.1% | |
| P / Sales | 20.9x | 4.6x | 4.9x | 3.3x | 4.8x | |
| EV / Sales | 19.0x | 4.3x | 4.9x | 3.2x | 4.9x | |
| Gross Profit, Adj. | $28.6M | $173.2M | $236.9M | $362.3M | $599.9M | |
| YoY % | — | +505.5% | +36.7% | +53.0% | +65.6% | |
| Margin % | 74.2% | 78.7% | 87.6% | 85.6% | 88.5% | |
| EV / Gross Profit | 25.6x | 5.5x | 5.5x | 3.8x | 5.5x | |
| EBITDA, Adj. | $-154.3M | $12.2M | $-22.9M | $-43.9M | $78.8M | |
| YoY % | +0.4% | +107.9% | -287.7% | -92.2% | +279.4% | |
| Margin % | -400.3% | 5.5% | -8.5% | -10.4% | 11.6% | |
| EV / EBITDA | -4.7x | 78.7x | -57.4x | -31.2x | 41.7x | |
| EBIT | $-156.6M | $9.8M | $-25.2M | $-45.6M | $77.2M | |
| YoY % | +0.5% | +106.2% | -357.8% | -81.0% | +269.3% | |
| Margin % | -406.4% | 4.4% | -9.3% | -10.8% | 11.4% | |
| EV / EBIT | -4.7x | 98.0x | -52.1x | -30.1x | 42.6x | |
| Net Income | $-157.9M | $183.4M | $14.1M | $-43.2M | $59.0M | |
| YoY % | +2.1% | +216.1% | -92.3% | -406.7% | +236.6% | |
| Net Margin | -409.7% | 83.3% | 5.2% | -10.2% | 8.7% | |
| EPS (GAAP) | -$2.30 | $2.60 | $0.20 | -$0.60 | $0.75 | |
| YoY % | +11.9% | +213.0% | -92.3% | -400.0% | +225.0% |