STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $75.4M | $99.8M | $199.0M | $285.5M | $349.0M | |
| YoY % | +15.8% | +32.2% | +99.4% | +43.5% | +22.2% | |
| P / Sales | 14.4x | 13.4x | 5.3x | 6.4x | 5.1x | |
| EV / Sales | 19.8x | 18.2x | 7.7x | 7.9x | 7.3x | |
| Gross Profit, Adj. | $36.6M | $42.3M | $136.2M | $208.9M | $261.0M | |
| YoY % | -9.7% | +15.5% | +222.2% | +53.4% | +24.9% | |
| Margin % | 48.5% | 42.4% | 68.5% | 73.2% | 74.8% | |
| EV / Gross Profit | 40.9x | 42.9x | 11.2x | 10.8x | 9.8x | |
| EBITDA, Adj. | $-49.4M | $-65.6M | $15.1M | $76.1M | $58.8M | |
| YoY % | -37.7% | -32.8% | +123.1% | +402.7% | -22.6% | |
| Margin % | -65.5% | -65.7% | 7.6% | 26.6% | 16.9% | |
| EV / EBITDA | -30.3x | -27.7x | 101.1x | 29.6x | 43.3x | |
| EBIT | $-53.6M | $-68.9M | $10.6M | $68.7M | $46.5M | |
| YoY % | -34.3% | -28.6% | +115.4% | +548.3% | -32.2% | |
| Margin % | -71.0% | -69.1% | 5.3% | 24.1% | 13.3% | |
| EV / EBIT | -27.9x | -26.3x | 144.4x | 32.8x | 54.8x | |
| Net Income | $-80.9M | $-87.4M | $-11.9M | $27.6M | $5.9M | |
| YoY % | -41.4% | -8.0% | +86.3% | +331.1% | -78.7% | |
| Net Margin | -107.3% | -87.6% | -6.0% | 9.7% | 1.7% | |
| EPS (GAAP) | -$0.32 | -$0.34 | -$0.04 | $0.10 | $0.02 | |
| YoY % | -23.1% | -6.3% | +88.2% | +350.0% | -80.0% |