STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $13.2M | $5.1M | $140.1M | $3.7M | $20.6M | |
| YoY % | — | -61.3% | +2652.7% | -97.3% | +449.9% | |
| P / Sales | 12.2x | 12.1x | 0.8x | 15.7x | 1.5x | |
| EV / Sales | 8.9x | 13.8x | 0.8x | 20.9x | 1.0x | |
| Gross Profit, Adj. | $12.9M | $4.5M | $124.5M | $3.7M | $20.6M | |
| YoY % | — | -65.3% | +2690.0% | -97.0% | +449.9% | |
| Margin % | 97.6% | 87.7% | 88.9% | 100.0% | 100.0% | |
| EV / Gross Profit | 9.1x | 15.8x | 0.9x | 20.9x | 1.0x | |
| EBITDA, Adj. | $-60.3M | $-85.2M | $73.5M | $-37.1M | $-16.1M | |
| YoY % | -18.1% | -41.3% | +186.3% | -150.5% | +56.7% | |
| Margin % | -457.8% | -1672.6% | 52.4% | -990.8% | -78.0% | |
| EV / EBITDA | -1.9x | -0.8x | 1.5x | -2.1x | -1.2x | |
| EBIT | $-60.8M | $-85.8M | $72.7M | $-37.1M | $-16.1M | |
| YoY % | -18.9% | -41.0% | +184.7% | -151.1% | +56.7% | |
| Margin % | -462.2% | -1684.5% | 51.9% | -990.8% | -78.0% | |
| EV / EBIT | -1.9x | -0.8x | 1.5x | -2.1x | -1.2x | |
| Net Income | $-32.9M | $-62.8M | $67.0M | $-21.3M | $-8.6M | |
| YoY % | +40.4% | -91.1% | +206.7% | -131.8% | +59.6% | |
| Net Margin | -249.7% | -1233.7% | 47.8% | -568.3% | -41.8% | |
| EPS (GAAP) | -$1.25 | -$1.47 | $1.39 | -$0.44 | -$0.17 | |
| YoY % | +75.7% | -17.6% | +194.6% | -131.7% | +61.4% |