STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $362.3M | $360.5M | $322.1M | $561.0M | $652.9M | |
| YoY % | — | -0.5% | -10.7% | +74.2% | +16.4% | |
| P / Sales | 8.1x | 4.4x | 2.4x | 3.3x | 6.3x | |
| EV / Sales | 11.6x | 7.7x | 5.5x | 5.2x | 8.2x | |
| Gross Profit, Adj. | $166.5M | $128.7M | $128.3M | $317.1M | $375.1M | |
| YoY % | — | -22.7% | -0.3% | +147.2% | +18.3% | |
| Margin % | 45.9% | 35.7% | 39.8% | 56.5% | 57.5% | |
| EV / Gross Profit | 25.2x | 21.6x | 13.8x | 9.2x | 14.2x | |
| EBITDA, Adj. | $-538.8M | $195.9M | $200.0M | $62.0M | $-126.9M | |
| YoY % | — | +136.4% | +2.1% | -69.0% | -304.8% | |
| Margin % | -148.7% | 54.3% | 62.1% | 11.0% | -19.4% | |
| EV / EBITDA | -7.8x | 14.2x | 8.9x | 47.2x | -42.0x | |
| EBIT | $-603.3M | $142.8M | $94.5M | $-3.8M | $-200.9M | |
| YoY % | — | +123.7% | -33.8% | -104.0% | -5234.0% | |
| Margin % | -166.5% | 39.6% | 29.3% | -0.7% | -30.8% | |
| EV / EBIT | -6.9x | 19.5x | 18.8x | -775.9x | -26.5x | |
| Net Income | $-661.5M | $91.8M | $67.5M | $-5.9M | $-206.4M | |
| YoY % | — | +113.9% | -26.5% | -108.7% | -3394.8% | |
| Net Margin | -182.6% | 25.5% | 21.0% | -1.1% | -31.6% | |
| EPS (GAAP) | -$3.15 | $0.52 | $0.41 | -$0.04 | -$1.37 | |
| YoY % | — | +116.5% | -21.2% | -109.8% | -3325.0% |