STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $467.7M | $603.5M | $549.3M | $600.5M | $692.8M | |
| YoY % | +55.9% | +29.0% | -9.0% | +9.3% | +15.4% | |
| P / Sales | 2.3x | 0.2x | 0.4x | 2.0x | 2.7x | |
| EV / Sales | 2.8x | 1.0x | 1.4x | 3.1x | 3.6x | |
| Gross Profit, Adj. | $273.5M | $348.7M | $376.3M | $447.5M | $516.8M | |
| YoY % | +45.8% | +27.5% | +7.9% | +18.9% | +15.5% | |
| Margin % | 58.5% | 57.8% | 68.5% | 74.5% | 74.6% | |
| EV / Gross Profit | 4.8x | 1.7x | 2.1x | 4.1x | 4.9x | |
| EBITDA, Adj. | $-175.7M | $-160.6M | $-91.1M | $-23.2M | $9.1M | |
| YoY % | -14.9% | +8.6% | +43.3% | +74.5% | +139.1% | |
| Margin % | -37.6% | -26.6% | -16.6% | -3.9% | 1.3% | |
| EV / EBITDA | -7.5x | -3.7x | -8.5x | -79.2x | 276.9x | |
| EBIT | $-214.9M | $-189.2M | $-166.3M | $-56.5M | $-23.9M | |
| YoY % | -24.4% | +12.0% | +12.1% | +66.0% | +57.6% | |
| Margin % | -46.0% | -31.3% | -30.3% | -9.4% | -3.5% | |
| EV / EBIT | -6.2x | -3.2x | -4.7x | -32.5x | -105.0x | |
| Net Income | $-236.1M | $-196.4M | $-168.5M | $-134.2M | $-41.8M | |
| YoY % | -34.3% | +16.8% | +14.2% | +20.3% | +68.9% | |
| Net Margin | -50.5% | -32.6% | -30.7% | -22.3% | -6.0% | |
| EPS (GAAP) | -$2.58 | -$2.05 | -$1.65 | -$1.24 | -$0.70 | |
| YoY % | -28.4% | +20.5% | +19.5% | +24.8% | +43.5% |