STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $3.2M | $23.6M | $77.4M | $130.1M | $189.8M | |
| YoY % | — | +649.5% | +227.6% | +68.1% | +45.8% | |
| P / Sales | 156.9x | 63.1x | 33.6x | 26.2x | 36.7x | |
| EV / Sales | 152.5x | 62.7x | 34.9x | 27.3x | 37.5x | |
| Gross Profit, Adj. | $2.6M | $21.5M | $68.1M | $116.8M | $170.3M | |
| YoY % | — | +741.7% | +216.8% | +71.4% | +45.8% | |
| Margin % | 81.0% | 91.0% | 88.0% | 89.7% | 89.7% | |
| EV / Gross Profit | 188.3x | 69.0x | 39.7x | 30.4x | 41.8x | |
| EBITDA, Adj. | $-170.1M | $-179.2M | $-182.6M | $-263.9M | $-190.7M | |
| YoY % | -25.1% | -5.3% | -1.9% | -44.5% | +27.8% | |
| Margin % | -5391.9% | -757.9% | -235.8% | -202.8% | -100.5% | |
| EV / EBITDA | -2.8x | -8.3x | -14.8x | -13.5x | -37.3x | |
| EBIT | $-170.1M | $-179.2M | $-184.4M | $-265.5M | $-192.0M | |
| YoY % | -24.5% | -5.3% | -2.9% | -44.0% | +27.7% | |
| Margin % | -5391.9% | -757.9% | -238.1% | -204.0% | -101.2% | |
| EV / EBIT | -2.8x | -8.3x | -14.7x | -13.4x | -37.0x | |
| Net Income | $-69.6M | $-181.1M | $-184.7M | $-264.6M | $-201.9M | |
| YoY % | +48.0% | -160.2% | -2.0% | -43.3% | +23.7% | |
| Net Margin | -2207.1% | -766.2% | -238.5% | -203.3% | -106.4% | |
| EPS (GAAP) | -$1.40 | -$3.47 | -$3.20 | -$4.34 | -$3.11 | |
| YoY % | +53.9% | -147.9% | +7.8% | -35.6% | +28.3% |