STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $892.4M | $1.1B | $693.3M | $360.5M | $467.6M | |
| YoY % | +86.5% | +25.5% | -38.1% | -48.0% | +29.7% | |
| P / Sales | 6.7x | 2.4x | 2.7x | 4.6x | 3.2x | |
| EV / Sales | 7.2x | 2.6x | 3.0x | 5.2x | 3.8x | |
| Gross Profit, Adj. | $495.8M | $649.8M | $385.7M | $194.8M | $265.8M | |
| YoY % | +133.0% | +31.0% | -40.6% | -49.5% | +36.5% | |
| Margin % | 55.6% | 58.0% | 55.6% | 54.0% | 56.8% | |
| EV / Gross Profit | 13.0x | 4.6x | 5.3x | 9.7x | 6.7x | |
| EBITDA, Adj. | $159.2M | $266.1M | $55.5M | $-114.6M | $-58.4M | |
| YoY % | +869.0% | +67.1% | -79.1% | -306.4% | +49.1% | |
| Margin % | 17.8% | 23.7% | 8.0% | -31.8% | -12.5% | |
| EV / EBITDA | 40.4x | 11.1x | 37.1x | -16.4x | -30.5x | |
| EBIT | $65.2M | $180.2M | $-35.8M | $-222.1M | $-126.9M | |
| YoY % | +164.5% | +176.3% | -119.9% | -520.7% | +42.9% | |
| Margin % | 7.3% | 16.1% | -5.2% | -61.6% | -27.1% | |
| EV / EBIT | 98.7x | 16.4x | -57.6x | -8.5x | -14.0x | |
| Net Income | $42.0M | $125.0M | $-73.1M | $-245.2M | $-136.7M | |
| YoY % | +142.6% | +197.9% | -158.5% | -235.2% | +44.3% | |
| Net Margin | 4.7% | 11.2% | -10.6% | -68.0% | -29.2% | |
| EPS (GAAP) | $0.53 | $1.55 | -$0.91 | -$2.93 | -$1.58 | |
| YoY % | +139.3% | +192.5% | -158.7% | -222.0% | +46.1% |