STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $345.4M | $310.8M | $455.0M | $1.2B | $1.5B | |
| YoY % | -0.4% | -10.0% | +46.4% | +158.6% | +29.0% | |
| P / Sales | 2.2x | 0.2x | 0.3x | 1.0x | 0.8x | |
| EV / Sales | 2.1x | 0.7x | 1.2x | 1.5x | 1.2x | |
| Gross Profit, Adj. | $-46.9M | $-40.2M | $123.7M | $443.5M | $592.9M | |
| YoY % | -193.1% | +14.3% | +407.7% | +258.5% | +33.7% | |
| Margin % | -13.6% | -12.9% | 27.2% | 37.7% | 39.1% | |
| EV / Gross Profit | -15.7x | -5.5x | 4.4x | 4.1x | 3.1x | |
| EBITDA, Adj. | $-468.6M | $-249.3M | $-88.7M | $93.4M | $73.6M | |
| YoY % | -73.7% | +46.8% | +64.4% | +205.3% | -21.2% | |
| Margin % | -135.7% | -80.2% | -19.5% | 7.9% | 4.9% | |
| EV / EBITDA | -1.6x | -0.9x | -6.1x | 19.4x | 25.1x | |
| EBIT | $-485.2M | $-263.1M | $-101.3M | $73.1M | $61.8M | |
| YoY % | -70.1% | +45.8% | +61.5% | +172.2% | -15.5% | |
| Margin % | -140.5% | -84.7% | -22.3% | 6.2% | 4.1% | |
| EV / EBIT | -1.5x | -0.8x | -5.4x | 24.7x | 29.8x | |
| Net Income | $-521.1M | $-297.7M | $-147.4M | $29.2M | $38.3M | |
| YoY % | -43.6% | +42.9% | +50.5% | +119.8% | +31.2% | |
| Net Margin | -150.9% | -95.8% | -32.4% | 2.5% | 2.5% | |
| EPS (GAAP) | -$37.76 | -$21.11 | -$10.24 | $1.83 | $2.36 | |
| YoY % | +56.3% | +44.1% | +51.5% | +117.9% | +29.0% |