STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $137.6M | $160.5M | $243.8M | $304.1M | $335.4M | |
| YoY % | — | +16.7% | +51.9% | +24.7% | +10.3% | |
| P / Sales | 2.2x | 0.8x | 0.8x | 3.6x | 2.7x | |
| EV / Sales | 3.0x | 1.8x | 1.6x | 4.6x | 3.4x | |
| Gross Profit, Adj. | $29.4M | $28.7M | $58.0M | $44.5M | $17.3M | |
| YoY % | — | -2.3% | +102.0% | -23.3% | -61.1% | |
| Margin % | 21.3% | 17.9% | 23.8% | 14.6% | 5.2% | |
| EV / Gross Profit | 14.3x | 10.3x | 6.5x | 31.1x | 65.1x | |
| EBITDA, Adj. | $-59.6M | $-38.3M | $-4.8M | $-21.4M | $-141.1M | |
| YoY % | — | +35.8% | +87.4% | -344.4% | -560.1% | |
| Margin % | -43.3% | -23.8% | -2.0% | -7.0% | -42.1% | |
| EV / EBITDA | -7.0x | -7.7x | -78.9x | -64.7x | -8.0x | |
| EBIT | $-70.2M | $-146.4M | $-15.5M | $-42.2M | $-229.7M | |
| YoY % | — | -108.7% | +89.4% | -171.4% | -444.3% | |
| Margin % | -51.0% | -91.2% | -6.4% | -13.9% | -68.5% | |
| EV / EBIT | -6.0x | -2.0x | -24.4x | -32.8x | -4.9x | |
| Net Income | $-61.5M | $-132.4M | $-47.3M | $-155.4M | $-272.3M | |
| YoY % | — | -115.1% | +64.3% | -228.6% | -75.3% | |
| Net Margin | -44.7% | -82.5% | -19.4% | -51.1% | -81.2% | |
| EPS (GAAP) | -$1.36 | -$2.09 | -$0.73 | -$2.35 | -$2.28 | |
| YoY % | — | -53.7% | +65.1% | -221.9% | +3.0% |