STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.8B | $1.0B | $863.5M | $713.1M | $606.9M | |
| YoY % | +23.6% | -43.4% | -14.0% | -17.4% | -14.9% | |
| P / Sales | 1.8x | 0.9x | 1.4x | 1.4x | 1.6x | |
| EV / Sales | 2.1x | 1.3x | 2.0x | 2.0x | 2.0x | |
| Gross Profit, Adj. | $581.5M | $288.2M | $318.1M | $218.5M | $205.9M | |
| YoY % | +7.5% | -50.4% | +10.4% | -31.3% | -5.8% | |
| Margin % | 32.8% | 28.7% | 36.8% | 30.6% | 33.9% | |
| EV / Gross Profit | 6.4x | 4.6x | 5.4x | 6.5x | 6.0x | |
| EBITDA, Adj. | $64.3M | $-137.5M | $-51.7M | $-175.4M | $-127.4M | |
| YoY % | -53.8% | -313.9% | +62.4% | -239.1% | +27.4% | |
| Margin % | 3.6% | -13.7% | -6.0% | -24.6% | -21.0% | |
| EV / EBITDA | 57.5x | -9.7x | -33.0x | -8.1x | -9.7x | |
| EBIT | $-12.8M | $-244.8M | $-157.0M | $-273.6M | $-219.0M | |
| YoY % | -122.1% | -1818.9% | +35.9% | -74.2% | +19.9% | |
| Margin % | -0.7% | -24.4% | -18.2% | -38.4% | -36.1% | |
| EV / EBIT | -289.8x | -5.4x | -10.9x | -5.2x | -5.7x | |
| Net Income | $-30.1M | $-328.4M | $-188.9M | $-53.2M | $-225.7M | |
| YoY % | -198.6% | -989.5% | +42.5% | +71.8% | -324.0% | |
| Net Margin | -1.7% | -32.7% | -21.9% | -7.5% | -37.2% | |
| EPS (GAAP) | -$0.05 | -$0.46 | -$0.25 | -$0.08 | -$0.30 | |
| YoY % | -200.0% | -820.0% | +45.7% | +68.0% | -275.0% |