STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $43.4M | $70.8M | $97.6M | $110.5M | $71.6M | |
| YoY % | — | +63.2% | +37.9% | +13.2% | -35.2% | |
| P / Sales | 4.8x | 2.0x | 1.6x | 3.1x | 3.3x | |
| EV / Sales | 4.6x | 3.6x | 3.3x | 4.8x | 4.4x | |
| Gross Profit, Adj. | $24.7M | $17.1M | $38.6M | $39.9M | $29.2M | |
| YoY % | — | -30.5% | +125.1% | +3.3% | -26.9% | |
| Margin % | 56.8% | 24.2% | 39.5% | 36.1% | 40.8% | |
| EV / Gross Profit | 8.1x | 15.0x | 8.4x | 13.2x | 10.7x | |
| EBITDA, Adj. | $-59.3M | $-60.5M | $-40.6M | $-47.5M | $-83.6M | |
| YoY % | — | -2.1% | +33.0% | -17.2% | -75.8% | |
| Margin % | -136.8% | -85.5% | -41.5% | -43.0% | -116.8% | |
| EV / EBITDA | -3.4x | -4.3x | -8.0x | -11.1x | -3.7x | |
| EBIT | $-67.8M | $-78.9M | $-58.8M | $-69.3M | $-96.0M | |
| YoY % | — | -16.3% | +25.5% | -17.9% | -38.6% | |
| Margin % | -156.4% | -111.5% | -60.2% | -62.7% | -134.1% | |
| EV / EBIT | -3.0x | -3.3x | -5.5x | -7.6x | -3.3x | |
| Net Income | $-38.1M | $-99.0M | $-77.6M | $-103.4M | $51.2M | |
| YoY % | — | -159.9% | +21.7% | -33.3% | +149.5% | |
| Net Margin | -87.8% | -139.9% | -79.5% | -93.6% | 71.5% | |
| EPS (GAAP) | -$4.88 | -$5.66 | -$3.96 | -$4.28 | $1.49 | |
| YoY % | — | -16.0% | +30.0% | -8.1% | +134.8% |