STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $371.0M | $647.7M | $1.0B | $1.3B | $1.4B | |
| YoY % | -6.5% | +74.6% | +55.9% | +33.3% | +0.5% | |
| P / Sales | 1.2x | 2.3x | 3.7x | 2.2x | 1.9x | |
| EV / Sales | 1.8x | 2.8x | 4.4x | 2.6x | 2.2x | |
| Gross Profit, Adj. | $368.8M | $645.6M | $449.1M | $649.2M | $665.8M | |
| YoY % | +187.5% | +75.0% | -30.4% | +44.5% | +2.6% | |
| Margin % | 99.4% | 99.7% | 44.5% | 48.2% | 49.2% | |
| EV / Gross Profit | 1.9x | 2.8x | 9.9x | 5.5x | 4.5x | |
| EBITDA, Adj. | $38.1M | $110.7M | $302.3M | $451.8M | $420.0M | |
| YoY % | +1165.0% | +190.7% | +173.1% | +49.4% | -7.0% | |
| Margin % | 10.3% | 17.1% | 29.9% | 33.6% | 31.0% | |
| EV / EBITDA | 18.0x | 16.1x | 14.8x | 7.8x | 7.1x | |
| EBIT | $-92.1M | $26.5M | $173.5M | $295.6M | $268.9M | |
| YoY % | +52.6% | +128.7% | +555.8% | +70.4% | -9.0% | |
| Margin % | -24.8% | 4.1% | 17.2% | 22.0% | 19.9% | |
| EV / EBIT | -7.4x | 67.4x | 25.7x | 12.0x | 11.1x | |
| Net Income | $-129.0M | $-21.7M | $97.2M | $180.7M | $334.7M | |
| YoY % | +34.3% | +83.1% | +546.8% | +85.9% | +85.2% | |
| Net Margin | -34.8% | -3.4% | 9.6% | 13.4% | 24.7% | |
| EPS (GAAP) | -$3.14 | -$0.49 | $1.84 | $3.40 | $6.64 | |
| YoY % | +35.4% | +84.4% | +475.5% | +84.8% | +95.3% |