STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $222.6M | $528.0M | $564.2M | $659.7M | |
| YoY % | — | +137.2% | +6.9% | +16.9% | |
| P / Sales | 1.3x | 0.4x | 0.5x | 0.5x | |
| EV / Sales | 2.7x | 0.9x | 0.9x | 1.0x | |
| Gross Profit, Adj. | $54.3M | $110.4M | $121.5M | $173.2M | |
| YoY % | — | +103.4% | +10.1% | +42.5% | |
| Margin % | 24.4% | 20.9% | 21.5% | 26.2% | |
| EV / Gross Profit | 10.9x | 4.3x | 4.4x | 3.8x | |
| EBITDA, Adj. | $-20.4M | $15.4M | $29.6M | $41.6M | |
| YoY % | — | +175.2% | +92.4% | +40.8% | |
| Margin % | -9.2% | 2.9% | 5.2% | 6.3% | |
| EV / EBITDA | -29.0x | 31.0x | 18.1x | 15.6x | |
| EBIT | $-40.2M | $-15.3M | $3.6M | $-27.1M | |
| YoY % | — | +61.8% | +123.4% | -854.9% | |
| Margin % | -18.1% | -2.9% | 0.6% | -4.1% | |
| EV / EBIT | -14.7x | -31.1x | 148.9x | -24.0x | |
| Net Income | $-43.0M | $-33.4M | $-16.7M | $-84.6M | |
| YoY % | — | +22.3% | +50.2% | -407.8% | |
| Net Margin | -19.3% | -6.3% | -3.0% | -12.8% | |
| EPS (GAAP) | -$0.75 | -$0.56 | -$0.27 | -$1.14 | |
| YoY % | — | +25.3% | +51.8% | -322.2% |