STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $682.5M | $1.2B | $1.5B | $1.2B | $949.5M | |
| YoY % | -40.5% | +74.4% | +23.1% | -16.7% | -22.2% | |
| P / Sales | 0.5x | 0.4x | 0.5x | 0.5x | 0.8x | |
| EV / Sales | 6.3x | 0.8x | 0.4x | 0.1x | 0.0x | |
| Gross Profit, Adj. | $367.4M | $694.6M | $990.6M | $814.8M | $632.1M | |
| YoY % | -56.7% | +89.1% | +42.6% | -17.7% | -22.4% | |
| Margin % | 53.8% | 58.4% | 67.6% | 66.8% | 66.6% | |
| EV / Gross Profit | 11.7x | 1.4x | 0.6x | 0.2x | 0.1x | |
| EBITDA, Adj. | $-18.0M | $334.5M | $620.6M | $426.4M | $293.3M | |
| YoY % | -105.7% | +1955.2% | +85.5% | -31.3% | -31.2% | |
| Margin % | -2.6% | 28.1% | 42.4% | 34.9% | 30.9% | |
| EV / EBITDA | -239.1x | 2.8x | 1.0x | 0.4x | 0.1x | |
| EBIT | $-93.0M | $223.9M | $521.4M | $327.2M | $201.1M | |
| YoY % | -153.3% | +340.8% | +132.9% | -37.2% | -38.5% | |
| Margin % | -13.6% | 18.8% | 35.6% | 26.8% | 21.2% | |
| EV / EBIT | -46.4x | 4.2x | 1.2x | 0.5x | 0.2x | |
| Net Income | $7.8M | $78.4M | $150.6M | $133.8M | $98.1M | |
| YoY % | +109.4% | +904.4% | +92.1% | -11.2% | -26.7% | |
| Net Margin | 1.1% | 6.6% | 10.3% | 11.0% | 10.3% | |
| EPS (GAAP) | $0.08 | $0.76 | $1.54 | $1.42 | $1.13 | |
| YoY % | +109.8% | +850.0% | +102.6% | -7.8% | -20.4% |