STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.1B | $4.0B | $1.3B | $918.8M | $567.8M | |
| YoY % | — | +90.9% | -66.7% | -30.1% | -38.2% | |
| P / Sales | 0.4x | 0.0x | 0.2x | 0.1x | 0.1x | |
| EV / Sales | 0.9x | 0.2x | 0.4x | 0.3x | 0.2x | |
| Gross Profit, Adj. | $207.8M | $182.4M | $70.2M | $72.2M | $42.0M | |
| YoY % | — | -12.2% | -61.5% | +2.9% | -41.8% | |
| Margin % | 10.0% | 4.6% | 5.3% | 7.9% | 7.4% | |
| EV / Gross Profit | 8.7x | 3.9x | 6.6x | 4.2x | 3.0x | |
| EBITDA, Adj. | $20.3M | $-126.3M | $-103.7M | $-45.4M | $-32.4M | |
| YoY % | — | -722.5% | +17.9% | +56.2% | +28.7% | |
| Margin % | 1.0% | -3.2% | -7.9% | -4.9% | -5.7% | |
| EV / EBITDA | 89.6x | -5.7x | -4.4x | -6.6x | -3.9x | |
| EBIT | $19.8M | $-127.3M | $-104.4M | $-46.0M | $-33.4M | |
| YoY % | — | -744.1% | +18.0% | +55.9% | +27.5% | |
| Margin % | 1.0% | -3.2% | -7.9% | -5.0% | -5.9% | |
| EV / EBIT | 92.0x | -5.6x | -4.4x | -6.5x | -3.8x | |
| Net Income | $6.5M | $-148.6M | $-117.2M | $-62.2M | $-46.4M | |
| YoY % | — | -2400.5% | +21.1% | +47.0% | +25.4% | |
| Net Margin | 0.3% | -3.8% | -8.9% | -6.8% | -8.2% | |
| EPS (GAAP) | $0.68 | -$9.09 | -$4.44 | -$2.27 | -$1.50 | |
| YoY % | — | -1436.8% | +51.2% | +48.9% | +33.9% |