STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $213.2M | $280.9M | $356.3M | $419.8M | $480.6M | |
| YoY % | +43.4% | +31.7% | +26.8% | +17.8% | +14.5% | |
| P / Sales | 7.3x | 7.0x | 3.9x | 3.9x | 1.7x | |
| EV / Sales | 6.2x | 6.7x | 4.0x | 4.0x | 2.2x | |
| Gross Profit, Adj. | $170.6M | $222.0M | $295.3M | $353.6M | $409.2M | |
| YoY % | +36.2% | +30.1% | +33.0% | +19.7% | +15.7% | |
| Margin % | 80.0% | 79.0% | 82.9% | 84.2% | 85.2% | |
| EV / Gross Profit | 7.7x | 8.4x | 4.8x | 4.7x | 2.6x | |
| EBITDA, Adj. | $-93.3M | $-149.6M | $-105.9M | $-28.4M | $25.4M | |
| YoY % | -1105.8% | -60.3% | +29.2% | +73.2% | +189.5% | |
| Margin % | -43.8% | -53.2% | -29.7% | -6.8% | 5.3% | |
| EV / EBITDA | -14.1x | -12.5x | -13.4x | -59.1x | 41.9x | |
| EBIT | $-116.8M | $-176.6M | $-136.5M | $-58.1M | $-6.6M | |
| YoY % | -355.1% | -51.1% | +22.7% | +57.4% | +88.6% | |
| Margin % | -54.8% | -62.9% | -38.3% | -13.8% | -1.4% | |
| EV / EBIT | -11.3x | -10.6x | -10.4x | -28.9x | -161.1x | |
| Net Income | $-118.2M | $-176.1M | $-136.9M | $-58.5M | $2.3M | |
| YoY % | -333.0% | -49.1% | +22.3% | +57.2% | +103.9% | |
| Net Margin | -55.4% | -62.7% | -38.4% | -13.9% | 0.5% | |
| EPS (GAAP) | -$2.37 | -$3.36 | -$2.51 | -$1.02 | $0.04 | |
| YoY % | -243.5% | -41.8% | +25.3% | +59.4% | +103.9% |