STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $443.0M | $528.7M | $596.6M | $659.7M | $745.6M | |
| YoY % | +16.4% | +19.3% | +12.8% | +10.6% | +13.0% | |
| P / Sales | 7.8x | 4.8x | 2.4x | 3.5x | 2.3x | |
| EV / Sales | 6.9x | 4.2x | 2.1x | 3.4x | 2.2x | |
| Gross Profit, Adj. | $299.0M | $381.2M | $426.5M | $480.2M | $529.7M | |
| YoY % | +31.2% | +27.5% | +11.9% | +12.6% | +10.3% | |
| Margin % | 67.5% | 72.1% | 71.5% | 72.8% | 71.0% | |
| EV / Gross Profit | 10.3x | 5.8x | 2.9x | 4.7x | 3.1x | |
| EBITDA, Adj. | $-92.8M | $-41.3M | $-69.7M | $34.6M | $30.6M | |
| YoY % | +36.0% | +55.5% | -68.8% | +149.7% | -11.6% | |
| Margin % | -20.9% | -7.8% | -11.7% | 5.2% | 4.1% | |
| EV / EBITDA | -33.1x | -53.8x | -17.8x | 65.2x | 53.1x | |
| EBIT | $-120.5M | $-65.5M | $-90.5M | $23.1M | $13.4M | |
| YoY % | +33.4% | +45.6% | -38.1% | +125.5% | -42.0% | |
| Margin % | -27.2% | -12.4% | -15.2% | 3.5% | 1.8% | |
| EV / EBIT | -25.5x | -33.9x | -13.7x | 97.6x | 121.3x | |
| Net Income | $-90.3M | $-33.8M | $-118.7M | $11.9M | $-814,000 | |
| YoY % | +27.5% | +62.5% | -250.8% | +110.0% | -106.9% | |
| Net Margin | -20.4% | -6.4% | -19.9% | 1.8% | -0.1% | |
| EPS (GAAP) | -$1.36 | -$0.50 | -$1.79 | $0.17 | -$0.01 | |
| YoY % | +26.1% | +63.2% | -258.0% | +109.5% | -105.9% |