STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $34.5M | $75.0M | $136.2M | $224.5M | $308.1M | |
| YoY % | — | +117.6% | +81.6% | +64.8% | +37.2% | |
| P / Sales | 12.0x | 23.4x | 14.4x | 18.7x | 5.7x | |
| EV / Sales | 5.2x | 22.0x | 13.4x | 17.8x | 5.2x | |
| Gross Profit, Adj. | $15.9M | $37.1M | $71.0M | $137.1M | $196.2M | |
| YoY % | — | +133.8% | +91.6% | +93.0% | +43.1% | |
| Margin % | 46.0% | 49.4% | 52.2% | 61.1% | 63.7% | |
| EV / Gross Profit | 11.2x | 44.4x | 25.7x | 29.1x | 8.2x | |
| EBITDA, Adj. | $-50.8M | $-77.9M | $-105.4M | $-91.4M | $-97.5M | |
| YoY % | — | -53.2% | -35.3% | +13.3% | -6.7% | |
| Margin % | -147.5% | -103.8% | -77.4% | -40.7% | -31.6% | |
| EV / EBITDA | -3.5x | -21.1x | -17.3x | -43.7x | -16.4x | |
| EBIT | $-54.2M | $-80.7M | $-109.2M | $-96.6M | $-103.9M | |
| YoY % | — | -49.0% | -35.2% | +11.5% | -7.5% | |
| Margin % | -157.1% | -107.6% | -80.2% | -43.0% | -33.7% | |
| EV / EBIT | -3.3x | -20.4x | -16.7x | -41.4x | -15.4x | |
| Net Income | $-59.9M | $-87.2M | $-105.9M | $-91.4M | $-95.6M | |
| YoY % | — | -45.6% | -21.5% | +13.7% | -4.5% | |
| Net Margin | -173.6% | -116.2% | -77.8% | -40.7% | -31.0% | |
| EPS (GAAP) | -$3.63 | -$1.96 | -$2.24 | -$1.75 | -$1.72 | |
| YoY % | — | +46.0% | -14.3% | +21.9% | +1.7% |