STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $23.7M | $37.9M | $79.5M | $83.3M | $45.9M | |
| YoY % | — | +59.9% | +109.4% | +4.8% | -44.9% | |
| P / Sales | 28.1x | 13.9x | 16.2x | 7.8x | 32.0x | |
| EV / Sales | 26.5x | 12.0x | 15.6x | 7.3x | 28.0x | |
| Gross Profit, Adj. | $10.7M | $11.9M | $31.1M | $28.3M | $14.2M | |
| YoY % | — | +11.8% | +160.0% | -8.8% | -49.7% | |
| Margin % | 45.0% | 31.5% | 39.1% | 34.0% | 31.0% | |
| EV / Gross Profit | 58.8x | 38.2x | 40.0x | 21.4x | 90.4x | |
| EBITDA, Adj. | $-67.8M | $-115.8M | $-97.2M | $-107.6M | $-67.3M | |
| YoY % | — | -70.9% | +16.1% | -10.7% | +37.4% | |
| Margin % | -285.4% | -305.2% | -122.3% | -129.1% | -146.6% | |
| EV / EBITDA | -9.3x | -3.9x | -12.8x | -5.6x | -19.1x | |
| EBIT | $-68.5M | $-123.6M | $-118.1M | $-130.7M | $-107.8M | |
| YoY % | — | -80.5% | +4.5% | -10.6% | +17.5% | |
| Margin % | -288.6% | -325.8% | -148.7% | -156.9% | -234.7% | |
| EV / EBIT | -9.2x | -3.7x | -10.5x | -4.6x | -11.9x | |
| Net Income | $-152.7M | $73.9M | $-145.4M | $-84.6M | $-117.0M | |
| YoY % | — | +148.4% | -296.8% | +41.8% | -38.2% | |
| Net Margin | -643.3% | 194.8% | -183.0% | -101.6% | -254.7% | |
| EPS (GAAP) | -$3.90 | $0.51 | -$0.86 | -$0.46 | -$0.57 | |
| YoY % | — | +113.1% | -268.6% | +46.5% | -23.9% |