STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $126.5M | $248.3M | $405.1M | $492.5M | $700.1M | |
| YoY % | +63.0% | +96.3% | +63.1% | +21.6% | +42.2% | |
| P / Sales | 20.4x | 3.6x | 2.9x | 5.3x | 7.5x | |
| EV / Sales | 22.4x | 5.8x | 4.5x | 7.1x | 8.9x | |
| Gross Profit, Adj. | $126.5M | $248.3M | $405.1M | $492.5M | $700.1M | |
| YoY % | +63.0% | +96.3% | +63.1% | +21.6% | +42.2% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | 22.4x | 5.8x | 4.5x | 7.1x | 8.9x | |
| EBITDA, Adj. | $-231.8M | $-247.0M | $-234.5M | $-217.9M | $-183.5M | |
| YoY % | -90.8% | -6.6% | +5.1% | +7.1% | +15.8% | |
| Margin % | -183.2% | -99.5% | -57.9% | -44.2% | -26.2% | |
| EV / EBITDA | -12.2x | -5.8x | -7.8x | -15.9x | -34.1x | |
| EBIT | $-235.5M | $-259.2M | $-254.5M | $-237.9M | $-198.7M | |
| YoY % | -91.2% | -10.1% | +1.8% | +6.5% | +16.5% | |
| Margin % | -186.2% | -104.4% | -62.8% | -48.3% | -28.4% | |
| EV / EBIT | -12.0x | -5.5x | -7.2x | -14.6x | -31.5x | |
| Net Income | $-241.3M | $-297.8M | $-236.9M | $-202.2M | $-165.5M | |
| YoY % | -97.3% | -23.4% | +20.4% | +14.6% | +18.2% | |
| Net Margin | -190.8% | -119.9% | -58.5% | -41.1% | -23.6% | |
| EPS (GAAP) | -$3.94 | -$4.59 | -$3.40 | -$2.85 | -$2.24 | |
| YoY % | -8.5% | -16.5% | +25.9% | +16.2% | +21.4% |