STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $458.6M | $653.6M | $944.3M | $1.3B | $1.6B | |
| YoY % | -63.3% | +42.5% | +44.5% | +33.9% | +29.4% | |
| P / Sales | 2.7x | 2.9x | 3.6x | 3.5x | 1.8x | |
| EV / Sales | 2.2x | 2.8x | 3.8x | 3.5x | 1.9x | |
| Gross Profit, Adj. | $221.5M | $326.6M | $532.7M | $748.4M | $984.4M | |
| YoY % | +232.0% | +47.5% | +63.1% | +40.5% | +31.5% | |
| Margin % | 48.3% | 50.0% | 56.4% | 59.2% | 60.2% | |
| EV / Gross Profit | 4.5x | 5.5x | 6.8x | 5.8x | 3.1x | |
| EBITDA, Adj. | $-34.5M | $-114.3M | $-100.5M | $-22.6M | $124.2M | |
| YoY % | -173.5% | -231.7% | +12.1% | +77.5% | +649.4% | |
| Margin % | -7.5% | -17.5% | -10.6% | -1.8% | 7.6% | |
| EV / EBITDA | -28.8x | -15.8x | -36.0x | -193.4x | 24.6x | |
| EBIT | $-39.7M | $-121.0M | $-114.2M | $-39.1M | $77.5M | |
| YoY % | +38.6% | -204.7% | +5.7% | +65.8% | +298.2% | |
| Margin % | -8.7% | -18.5% | -12.1% | -3.1% | 4.7% | |
| EV / EBIT | -25.0x | -14.9x | -31.7x | -111.9x | 39.4x | |
| Net Income | $-38.8M | $-114.0M | $-117.8M | $-37.0M | $67.9M | |
| YoY % | +63.4% | -194.2% | -3.4% | +68.6% | +283.7% | |
| Net Margin | -8.5% | -17.4% | -12.5% | -2.9% | 4.2% | |
| EPS (GAAP) | -$0.64 | -$0.68 | -$0.65 | -$0.19 | $0.31 | |
| YoY % | +82.6% | -6.3% | +4.4% | +70.8% | +263.2% |