STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $30.3M | $93.5M | $241.6M | $441.5M | $605.5M | |
| YoY % | +18.0% | +208.8% | +158.5% | +82.7% | +37.1% | |
| P / Sales | 17.5x | 18.1x | 10.3x | 5.0x | 8.1x | |
| EV / Sales | 18.9x | 16.9x | 11.1x | 5.5x | 8.3x | |
| Gross Profit, Adj. | $21.2M | $65.3M | $154.1M | $262.1M | $362.8M | |
| YoY % | +27.2% | +208.5% | +136.1% | +70.1% | +38.4% | |
| Margin % | 69.9% | 69.8% | 63.8% | 59.4% | 59.9% | |
| EV / Gross Profit | 27.0x | 24.2x | 17.3x | 9.3x | 13.9x | |
| EBITDA, Adj. | $-37.6M | $-28.0M | $-20.6M | $57.3M | $135.8M | |
| YoY % | -51.6% | +25.7% | +26.5% | +378.6% | +137.1% | |
| Margin % | -124.3% | -29.9% | -8.5% | 13.0% | 22.4% | |
| EV / EBITDA | -15.2x | -56.4x | -130.0x | 42.5x | 37.1x | |
| EBIT | $-39.4M | $-31.4M | $-28.7M | $37.5M | $108.6M | |
| YoY % | -49.4% | +20.3% | +8.6% | +230.5% | +189.6% | |
| Margin % | -130.3% | -33.6% | -11.9% | 8.5% | 17.9% | |
| EV / EBIT | -14.5x | -50.2x | -93.0x | 64.9x | 46.4x | |
| Net Income | $-44.2M | $-36.2M | $-25.0M | $35.5M | $190.3M | |
| YoY % | -53.8% | +18.1% | +30.9% | +241.7% | +436.6% | |
| Net Margin | -146.1% | -38.8% | -10.4% | 8.0% | 31.4% | |
| EPS (GAAP) | -$1.60 | -$1.23 | -$0.77 | $1.01 | $4.87 | |
| YoY % | -37.9% | +23.1% | +37.4% | +231.2% | +382.2% |