STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.5B | $2.7B | $2.5B | $2.8B | $2.9B | |
| YoY % | — | +82.9% | -6.0% | +12.4% | +2.4% | |
| P / Sales | 0.5x | 0.7x | 0.3x | 0.3x | 0.4x | |
| EV / Sales | 2.5x | 1.7x | 1.4x | 1.3x | 1.6x | |
| Gross Profit, Adj. | $562.5M | $1.0B | $906.0M | $998.2M | $1.1B | |
| YoY % | — | +80.3% | -10.7% | +10.2% | +6.5% | |
| Margin % | 38.3% | 37.7% | 35.9% | 35.1% | 36.5% | |
| EV / Gross Profit | 6.6x | 4.6x | 4.0x | 3.8x | 4.3x | |
| EBITDA, Adj. | $197.5M | $412.7M | $244.8M | $286.4M | $330.7M | |
| YoY % | — | +109.0% | -40.7% | +17.0% | +15.5% | |
| Margin % | 13.4% | 15.4% | 9.7% | 10.1% | 11.4% | |
| EV / EBITDA | 18.9x | 11.3x | 14.8x | 13.1x | 13.9x | |
| EBIT | $44.7M | $159.2M | $90.5M | $133.1M | $159.0M | |
| YoY % | — | +256.0% | -43.1% | +47.0% | +19.5% | |
| Margin % | 3.0% | 5.9% | 3.6% | 4.7% | 5.5% | |
| EV / EBIT | 83.5x | 29.3x | 40.0x | 28.2x | 28.9x | |
| Net Income | $-3.7M | $19.9M | $134,000 | $2.3M | $29.1M | |
| YoY % | — | +637.5% | -99.3% | +1585.8% | +1188.2% | |
| Net Margin | -0.3% | 0.7% | 0.0% | 0.1% | 1.0% | |
| EPS (GAAP) | -$0.04 | $0.12 | — | $0.02 | $0.08 | |
| YoY % | — | +400.0% | — | — | +300.0% |