STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $4.5B | $4.4B | $1.0B | $1.5B | $2.3B | |
| YoY % | +37.3% | -2.3% | -76.8% | +46.2% | +51.0% | |
| P / Sales | 3.6x | 0.1x | 1.5x | 2.0x | 1.2x | |
| EV / Sales | 4.4x | 0.0x | 0.4x | 1.4x | 1.2x | |
| Gross Profit, Adj. | $2.4B | $2.2B | $583.4M | $806.1M | $1.2B | |
| YoY % | +35.6% | -10.6% | -73.3% | +38.2% | +48.9% | |
| Margin % | 54.4% | 49.8% | 57.2% | 54.1% | 53.3% | |
| EV / Gross Profit | 8.1x | 0.0x | 0.6x | 2.6x | 2.2x | |
| EBITDA, Adj. | $-184.8M | $55.0M | $-54.3M | $-44.1M | $44.9M | |
| YoY % | -167.2% | +129.7% | -198.7% | +18.7% | +201.8% | |
| Margin % | -4.1% | 1.3% | -5.3% | -3.0% | 2.0% | |
| EV / EBITDA | -107.7x | 0.9x | -6.9x | -47.0x | 58.2x | |
| EBIT | $-457.7M | $-635.3M | $-90.7M | $-69.2M | $-3.2M | |
| YoY % | -457.7% | -38.8% | +85.7% | +23.7% | +95.4% | |
| Margin % | -10.2% | -14.5% | -8.9% | -4.6% | -0.1% | |
| EV / EBIT | -43.5x | -0.1x | -4.1x | -30.0x | -829.4x | |
| Net Income | $-116.0M | $-1.1B | $-135.6M | $-3.6M | $84.6M | |
| YoY % | -5.3% | -879.5% | +88.1% | +97.4% | +2467.5% | |
| Net Margin | -2.6% | -25.9% | -13.3% | -0.2% | 3.8% | |
| EPS (GAAP) | -$0.57 | -$5.29 | -$0.64 | -$0.02 | $0.41 | |
| YoY % | -1.8% | -828.1% | +87.9% | +96.9% | +2150.0% |