STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $23.2M | $79.9M | $82.1M | $111.8M | |
| YoY % | — | +244.3% | +2.8% | +36.2% | |
| P / Sales | 6.2x | 1.1x | 0.7x | 0.8x | |
| EV / Sales | 19.9x | 7.8x | 8.9x | 6.7x | |
| Gross Profit, Adj. | $13.2M | $42.0M | $42.1M | $72.9M | |
| YoY % | — | +217.4% | +0.2% | +73.0% | |
| Margin % | 57.1% | 52.7% | 51.3% | 65.2% | |
| EV / Gross Profit | 34.8x | 14.9x | 17.4x | 10.3x | |
| EBITDA, Adj. | $-53.4M | $7.4M | $7.6M | $48.0M | |
| YoY % | — | +113.9% | +2.8% | +529.3% | |
| Margin % | -230.3% | 9.3% | 9.3% | 42.9% | |
| EV / EBITDA | -8.6x | 84.3x | 96.3x | 15.7x | |
| EBIT | $-59.9M | $-41.5M | $-52.9M | $16.1M | |
| YoY % | — | +30.6% | -27.3% | +130.4% | |
| Margin % | -258.1% | -52.0% | -64.4% | 14.4% | |
| EV / EBIT | -7.7x | -15.1x | -13.9x | 46.8x | |
| Net Income | $-93.9M | $-65.8M | $-70.5M | $-26.0M | |
| YoY % | — | +29.9% | -7.1% | +63.1% | |
| Net Margin | -405.0% | -82.4% | -85.9% | -23.3% | |
| EPS (GAAP) | -$5.27 | -$3.58 | -$3.82 | -$1.44 | |
| YoY % | — | +32.1% | -6.7% | +62.3% |