STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $152.0M | $204.5M | $306.6M | $379.8M | $427.5M | |
| YoY % | — | +34.6% | +49.9% | +23.9% | +12.6% | |
| P / Sales | 6.9x | 2.2x | 1.4x | 1.7x | 2.1x | |
| EV / Sales | 5.8x | 2.9x | 3.0x | 3.0x | 3.3x | |
| Gross Profit, Adj. | $-42.7M | $9.1M | $57.2M | $119.6M | $122.1M | |
| YoY % | — | +121.2% | +530.7% | +108.9% | +2.1% | |
| Margin % | -28.1% | 4.4% | 18.7% | 31.5% | 28.6% | |
| EV / Gross Profit | -20.6x | 66.0x | 16.2x | 9.6x | 11.5x | |
| EBITDA, Adj. | $-173.4M | $-138.3M | $-84.1M | $7.1M | $43.5M | |
| YoY % | — | +20.2% | +39.2% | +108.5% | +509.0% | |
| Margin % | -114.1% | -67.6% | -27.4% | 1.9% | 10.2% | |
| EV / EBITDA | -5.1x | -4.3x | -11.0x | 161.1x | 32.2x | |
| EBIT | $-194.1M | $-159.9M | $-106.7M | $-116.1M | $7.0M | |
| YoY % | — | +17.6% | +33.3% | -8.8% | +106.0% | |
| Margin % | -127.7% | -78.2% | -34.8% | -30.6% | 1.6% | |
| EV / EBIT | -4.5x | -3.7x | -8.7x | -9.9x | 200.4x | |
| Net Income | $-234.1M | $-158.2M | $-106.3M | $-195.5M | $-29.2M | |
| YoY % | — | +32.4% | +32.8% | -83.8% | +85.1% | |
| Net Margin | -154.0% | -77.4% | -34.7% | -51.5% | -6.8% | |
| EPS (GAAP) | -$1.26 | -$0.52 | -$0.34 | -$0.61 | -$0.09 | |
| YoY % | — | +58.7% | +34.6% | -79.4% | +85.2% |