STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $10.2M | $39.8M | $44.6M | $58.8M | $74.7M | |
| YoY % | — | +291.5% | +11.9% | +32.0% | +26.9% | |
| P / Sales | 211.0x | 33.3x | 46.0x | 31.5x | 24.5x | |
| EV / Sales | 189.6x | 24.9x | 41.5x | 28.4x | 19.1x | |
| Gross Profit, Adj. | $10.2M | $-8.4M | $2.0M | $13.6M | $3.7M | |
| YoY % | — | -182.8% | +123.6% | +584.2% | -72.6% | |
| Margin % | 100.0% | -21.2% | 4.5% | 23.1% | 5.0% | |
| EV / Gross Profit | 189.6x | -117.5x | 930.7x | 123.0x | 383.6x | |
| EBITDA, Adj. | $-174.4M | $-234.0M | $-325.7M | $-442.5M | $-564.4M | |
| YoY % | — | -34.2% | -39.2% | -35.9% | -27.6% | |
| Margin % | -1713.2% | -587.2% | -730.6% | -752.1% | -755.8% | |
| EV / EBITDA | -11.1x | -4.2x | -5.7x | -3.8x | -2.5x | |
| EBIT | $-182.8M | $-245.7M | $-350.1M | $-479.0M | $-648.1M | |
| YoY % | — | -34.4% | -42.5% | -36.8% | -35.3% | |
| Margin % | -1795.8% | -616.7% | -785.3% | -814.1% | -867.9% | |
| EV / EBIT | -10.6x | -4.0x | -5.3x | -3.5x | -2.2x | |
| Net Income | $-186.5M | $-239.5M | $-328.1M | $-463.7M | $-644.8M | |
| YoY % | — | -28.4% | -37.0% | -41.3% | -39.1% | |
| Net Margin | -1832.2% | -601.0% | -736.0% | -788.0% | -863.4% | |
| EPS (GAAP) | -$1.49 | -$1.36 | -$1.58 | -$1.69 | -$1.44 | |
| YoY % | — | +8.7% | -16.2% | -7.0% | +14.8% |