STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $561.2M | $783.3M | $970.2M | $1.2B | $1.5B | |
| YoY % | — | +39.6% | +23.9% | +18.7% | +31.4% | |
| P / Sales | 7.9x | 2.8x | 2.6x | 3.4x | 3.7x | |
| EV / Sales | 7.9x | 3.2x | 3.8x | 4.3x | 4.9x | |
| Gross Profit, Adj. | $441.8M | $644.7M | $802.5M | $968.7M | $1.3B | |
| YoY % | — | +45.9% | +24.5% | +20.7% | +33.1% | |
| Margin % | 78.7% | 82.3% | 82.7% | 84.1% | 85.2% | |
| EV / Gross Profit | 10.0x | 3.9x | 4.6x | 5.2x | 5.8x | |
| EBITDA, Adj. | $182.4M | $74.9M | $314.6M | $436.3M | $543.7M | |
| YoY % | — | -58.9% | +319.9% | +38.7% | +24.6% | |
| Margin % | 32.5% | 9.6% | 32.4% | 37.9% | 35.9% | |
| EV / EBITDA | 24.2x | 34.0x | 11.8x | 11.5x | 13.7x | |
| EBIT | $47.1M | $25.4M | $79.6M | $134.1M | $137.1M | |
| YoY % | — | -46.1% | +213.5% | +68.4% | +2.3% | |
| Margin % | 8.4% | 3.2% | 8.2% | 11.6% | 9.1% | |
| EV / EBIT | 93.7x | 100.2x | 46.6x | 37.3x | 54.3x | |
| Net Income | $12.6M | $8.1M | $26.7M | $24.8M | $86.5M | |
| YoY % | — | -35.3% | +228.4% | -7.1% | +248.7% | |
| Net Margin | 2.2% | 1.0% | 2.8% | 2.2% | 5.7% | |
| EPS (GAAP) | $0.05 | $0.03 | $0.12 | $0.10 | $0.36 | |
| YoY % | — | -40.0% | +300.0% | -16.7% | +260.0% |