STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $874.5M | $1.3B | $1.6B | $1.4B | $1.3B | |
| YoY % | +10.8% | +46.3% | +27.4% | -11.4% | -12.1% | |
| P / Sales | 1.0x | 0.8x | 0.6x | 0.7x | 0.8x | |
| EV / Sales | 1.1x | 1.0x | 0.8x | 0.9x | 1.1x | |
| Gross Profit, Adj. | $212.2M | $396.9M | $498.6M | $378.8M | $301.0M | |
| YoY % | +3.6% | +87.0% | +25.6% | -24.0% | -20.5% | |
| Margin % | 24.3% | 31.0% | 30.6% | 26.2% | 23.7% | |
| EV / Gross Profit | 4.5x | 3.3x | 2.8x | 3.5x | 4.6x | |
| EBITDA, Adj. | $129.3M | $285.1M | $384.2M | $264.4M | $193.4M | |
| YoY % | +9.4% | +120.5% | +34.8% | -31.2% | -26.9% | |
| Margin % | 14.8% | 22.3% | 23.6% | 18.3% | 15.2% | |
| EV / EBITDA | 7.4x | 4.6x | 3.6x | 5.1x | 7.1x | |
| EBIT | $-4.0M | $99.6M | $164.6M | $-171.9M | $18.5M | |
| YoY % | +94.5% | +2558.2% | +65.4% | -204.4% | +110.8% | |
| Margin % | -0.5% | 7.8% | 10.1% | -11.9% | 1.5% | |
| EV / EBIT | -235.7x | 13.2x | 8.4x | -7.8x | 74.0x | |
| Net Income | $-54.2M | $2.0M | $85.6M | $-137.9M | $824,000 | |
| YoY % | +49.4% | +103.7% | +4118.4% | -261.0% | +100.6% | |
| Net Margin | -6.2% | 0.2% | 5.3% | -9.5% | 0.1% | |
| EPS (GAAP) | -$0.53 | $0.02 | $0.76 | -$1.31 | $0.01 | |
| YoY % | +50.0% | +103.8% | +3700.0% | -272.4% | +100.8% |