STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $203.1M | $364.8M | $358.1M | $559.4M | $501.0M | |
| YoY % | +87.2% | +79.6% | -1.8% | +56.2% | -10.4% | |
| P / Sales | 0.4x | 0.2x | 0.2x | 0.5x | 0.7x | |
| EV / Sales | 1.1x | 0.7x | 0.7x | 1.1x | 1.4x | |
| Gross Profit, Adj. | $11.5M | $25.8M | $41.8M | $67.0M | $73.2M | |
| YoY % | +184.9% | +125.4% | +61.7% | +60.5% | +9.2% | |
| Margin % | 5.6% | 7.1% | 11.7% | 12.0% | 14.6% | |
| EV / Gross Profit | 19.2x | 9.2x | 6.2x | 9.0x | 9.7x | |
| EBITDA, Adj. | $-10.3M | $4.1M | $18.9M | $39.9M | $40.1M | |
| YoY % | +62.0% | +139.4% | +365.5% | +111.3% | +0.6% | |
| Margin % | -5.1% | 1.1% | 5.3% | 7.1% | 8.0% | |
| EV / EBITDA | -21.4x | 58.6x | 13.7x | 15.2x | 17.6x | |
| EBIT | $-22.8M | $-15.0M | $10.2M | $37.3M | $33.9M | |
| YoY % | +71.8% | +34.0% | +167.8% | +266.7% | -9.2% | |
| Margin % | -11.2% | -4.1% | 2.8% | 6.7% | 6.8% | |
| EV / EBIT | -9.7x | -15.8x | 25.3x | 16.2x | 20.8x | |
| Net Income | $-41.4M | $-38.8M | $-33.6M | $-96.0M | $36.9M | |
| YoY % | +50.9% | +6.3% | +13.6% | -185.9% | +138.4% | |
| Net Margin | -20.4% | -10.7% | -9.4% | -17.2% | 7.4% | |
| EPS (GAAP) | -$2.00 | -$1.56 | -$1.18 | -$3.12 | $1.09 | |
| YoY % | +68.2% | +22.0% | +24.4% | -164.4% | +134.9% |