STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.1B | $2.0B | $1.6B | $1.3B | $1.3B | |
| YoY % | +22.8% | -4.0% | -21.1% | -16.0% | -5.3% | |
| P / Sales | 2.8x | 0.3x | 0.4x | 0.3x | 0.5x | |
| EV / Sales | 2.9x | 0.5x | 0.4x | 0.4x | 0.6x | |
| Gross Profit, Adj. | $947.6M | $886.7M | $675.6M | $592.0M | $562.9M | |
| YoY % | +25.6% | -6.4% | -23.8% | -12.4% | -4.9% | |
| Margin % | 45.1% | 43.9% | 42.4% | 44.3% | 44.4% | |
| EV / Gross Profit | 6.4x | 1.1x | 1.1x | 1.0x | 1.4x | |
| EBITDA, Adj. | $-33.4M | $-148.8M | $-113.2M | $-88.9M | $-12.8M | |
| YoY % | -15.1% | -345.0% | +23.9% | +21.4% | +85.6% | |
| Margin % | -1.6% | -7.4% | -7.1% | -6.6% | -1.0% | |
| EV / EBITDA | -181.7x | -6.4x | -6.3x | -6.6x | -59.9x | |
| EBIT | $-63.4M | $-184.5M | $-155.3M | $-133.4M | $-38.9M | |
| YoY % | -22.6% | -191.1% | +15.8% | +14.1% | +70.8% | |
| Margin % | -3.0% | -9.1% | -9.8% | -10.0% | -3.1% | |
| EV / EBIT | -95.9x | -5.1x | -4.6x | -4.4x | -19.7x | |
| Net Income | $-8.9M | $-207.1M | $-172.0M | $-128.8M | $-28.7M | |
| YoY % | +86.8% | -2233.5% | +17.0% | +25.1% | +77.7% | |
| Net Margin | -0.4% | -10.3% | -10.8% | -9.6% | -2.3% | |
| EPS (GAAP) | -$0.08 | -$1.90 | -$1.50 | -$1.07 | -$0.22 | |
| YoY % | +87.9% | -2275.0% | +21.1% | +28.7% | +79.4% |