STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $498.7M | $565.7M | $624.6M | $696.5M | $794.8M | |
| YoY % | +23.8% | +13.4% | +10.4% | +11.5% | +14.1% | |
| P / Sales | 9.0x | 2.8x | 3.9x | 8.7x | 5.9x | |
| EV / Sales | 10.0x | 4.0x | 4.8x | 9.3x | 6.2x | |
| Gross Profit, Adj. | $225.0M | $256.3M | $302.7M | $354.5M | $429.7M | |
| YoY % | +28.9% | +13.9% | +18.1% | +17.1% | +21.2% | |
| Margin % | 45.1% | 45.3% | 48.5% | 50.9% | 54.1% | |
| EV / Gross Profit | 22.1x | 8.9x | 9.9x | 18.2x | 11.5x | |
| EBITDA, Adj. | $6.0M | $-5.5M | $22.5M | $61.2M | $127.4M | |
| YoY % | +165.9% | -190.4% | +512.5% | +172.1% | +108.1% | |
| Margin % | 1.2% | -1.0% | 3.6% | 8.8% | 16.0% | |
| EV / EBITDA | 824.2x | -419.6x | 132.9x | 105.7x | 38.8x | |
| EBIT | $-78.0M | $-104.8M | $-86.1M | $-42.3M | $39.9M | |
| YoY % | +9.9% | -34.3% | +17.9% | +50.9% | +194.4% | |
| Margin % | -15.6% | -18.5% | -13.8% | -6.1% | 5.0% | |
| EV / EBIT | -63.7x | -21.8x | -34.7x | -153.0x | 124.0x | |
| Net Income | $-112.7M | $-109.0M | $-65.4M | $-38.5M | $52.0M | |
| YoY % | +18.1% | +3.3% | +40.0% | +41.1% | +235.0% | |
| Net Margin | -22.6% | -19.3% | -10.5% | -5.5% | 6.5% | |
| EPS (GAAP) | -$2.00 | -$1.90 | -$1.12 | -$0.64 | $0.80 | |
| YoY % | +24.5% | +5.0% | +41.1% | +42.9% | +225.0% |