STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $192.4M | $275.9M | $430.3M | $437.8M | $482.4M | |
| YoY % | +166.2% | +43.4% | +55.9% | +1.8% | +10.2% | |
| P / Sales | 7.6x | 0.7x | 0.7x | 1.1x | 2.0x | |
| EV / Sales | 10.2x | 3.4x | 2.3x | 2.7x | 3.2x | |
| Gross Profit, Adj. | $133.7M | $168.4M | $200.9M | $201.9M | $340.0M | |
| YoY % | +144.3% | +25.9% | +19.3% | +0.5% | +68.4% | |
| Margin % | 69.5% | 61.0% | 46.7% | 46.1% | 70.5% | |
| EV / Gross Profit | 14.7x | 5.6x | 4.8x | 5.8x | 4.6x | |
| EBITDA, Adj. | $-67.0M | $-87.7M | $-108.7M | $-39.0M | $61.0M | |
| YoY % | -80.9% | -31.0% | -23.9% | +64.1% | +256.3% | |
| Margin % | -34.8% | -31.8% | -25.3% | -8.9% | 12.7% | |
| EV / EBITDA | -29.4x | -10.7x | -8.9x | -30.2x | 25.6x | |
| EBIT | $-83.4M | $-177.0M | $-190.4M | $-64.6M | $36.6M | |
| YoY % | -90.9% | -112.4% | -7.5% | +66.1% | +156.6% | |
| Margin % | -43.3% | -64.2% | -44.2% | -14.7% | 7.6% | |
| EV / EBIT | -23.6x | -5.3x | -5.1x | -18.3x | 42.7x | |
| Net Income | $-106.6M | $-156.6M | $-133.9M | $-32.8M | $-3.4M | |
| YoY % | -49.5% | -46.9% | +14.5% | +75.5% | +89.8% | |
| Net Margin | -55.4% | -56.7% | -31.1% | -7.5% | -0.7% | |
| EPS (GAAP) | -$1.14 | -$1.61 | -$1.39 | -$0.33 | -$0.03 | |
| YoY % | +43.8% | -41.2% | +13.7% | +76.3% | +90.9% |