STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $785.7M | $1.2B | $1.3B | $1.4B | $1.3B | |
| YoY % | +66.1% | +51.9% | +11.1% | +3.3% | -1.4% | |
| P / Sales | 2.9x | 1.4x | 1.4x | 1.1x | 0.8x | |
| EV / Sales | 5.5x | 3.2x | 2.9x | 2.7x | 2.4x | |
| Gross Profit, Adj. | $274.1M | $449.3M | $490.9M | $491.5M | $462.3M | |
| YoY % | -6.4% | +63.9% | +9.3% | +0.1% | -5.9% | |
| Margin % | 34.9% | 37.6% | 37.0% | 35.9% | 34.3% | |
| EV / Gross Profit | 15.9x | 8.4x | 7.9x | 7.6x | 7.1x | |
| EBITDA, Adj. | $137.7M | $306.3M | $331.7M | $329.7M | $313.4M | |
| YoY % | +318.2% | +122.5% | +8.3% | -0.6% | -4.9% | |
| Margin % | 17.5% | 25.7% | 25.0% | 24.1% | 23.2% | |
| EV / EBITDA | 31.6x | 12.3x | 11.7x | 11.4x | 10.4x | |
| EBIT | $-195.0M | $121.4M | $152.4M | $149.9M | $126.6M | |
| YoY % | +24.2% | +162.3% | +25.5% | -1.6% | -15.5% | |
| Margin % | -24.8% | 10.2% | 11.5% | 10.9% | 9.4% | |
| EV / EBIT | -22.3x | 31.0x | 25.5x | 25.0x | 25.8x | |
| Net Income | $-330.3M | $16.8M | $50.4M | $42.0M | $2.2M | |
| YoY % | +23.1% | +105.1% | +199.9% | -16.7% | -94.7% | |
| Net Margin | -42.0% | 1.4% | 3.8% | 3.1% | 0.2% | |
| EPS (GAAP) | -$2.01 | $0.10 | $0.32 | $0.27 | $0.01 | |
| YoY % | +23.0% | +105.0% | +220.0% | -15.6% | -96.3% |