STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $77.4M | $151.9M | $58.7M | $150.0M | $149.5M | |
| YoY % | -26.2% | +96.2% | -61.3% | +155.3% | -0.3% | |
| P / Sales | 12.4x | 2.6x | 10.7x | 1.4x | 0.7x | |
| EV / Sales | 12.1x | 2.8x | 11.5x | 1.1x | 1.6x | |
| Gross Profit, Adj. | $74.8M | $144.6M | $50.5M | $137.7M | $113.5M | |
| YoY % | -28.7% | +93.3% | -65.0% | +172.5% | -17.6% | |
| Margin % | 96.6% | 95.1% | 86.0% | 91.8% | 75.9% | |
| EV / Gross Profit | 12.5x | 2.9x | 13.4x | 1.2x | 2.2x | |
| EBITDA, Adj. | $-191.5M | $-109.6M | $-158.6M | $-103.0M | $-65.7M | |
| YoY % | -60.8% | +42.8% | -44.8% | +35.0% | +36.3% | |
| Margin % | -247.3% | -72.1% | -270.0% | -68.7% | -43.9% | |
| EV / EBITDA | -4.9x | -3.8x | -4.3x | -1.6x | -3.7x | |
| EBIT | $-202.8M | $-121.4M | $-168.2M | $-110.6M | $-72.8M | |
| YoY % | -54.7% | +40.1% | -38.6% | +34.3% | +34.1% | |
| Margin % | -261.9% | -79.9% | -286.4% | -73.7% | -48.7% | |
| EV / EBIT | -4.6x | -3.5x | -4.0x | -1.5x | -3.4x | |
| Net Income | $-202.1M | $-119.8M | $-9.1M | $-67.0M | $-74.6M | |
| YoY % | -55.8% | +40.7% | +92.4% | -639.3% | -11.4% | |
| Net Margin | -261.0% | -78.8% | -15.4% | -44.7% | -49.9% | |
| EPS (GAAP) | -$3.37 | -$1.95 | -$0.15 | -$1.07 | -$1.18 | |
| YoY % | -36.4% | +42.1% | +92.3% | -613.3% | -10.3% |