STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $702.8M | $801.2M | $747.7M | $940.2M | $1.0B | |
| YoY % | +40.9% | +14.0% | -6.7% | +25.7% | +7.9% | |
| P / Sales | 13.8x | 3.6x | 2.5x | 2.5x | 1.5x | |
| EV / Sales | 14.4x | 4.1x | 3.2x | 3.2x | 2.1x | |
| Gross Profit, Adj. | $376.2M | $413.0M | $367.7M | $489.6M | $546.0M | |
| YoY % | +44.4% | +9.8% | -11.0% | +33.1% | +11.5% | |
| Margin % | 53.5% | 51.5% | 49.2% | 52.1% | 53.8% | |
| EV / Gross Profit | 26.8x | 8.0x | 6.6x | 6.1x | 3.9x | |
| EBITDA, Adj. | $36.5M | $-47.5M | $-138.8M | $-82.5M | $-74.4M | |
| YoY % | +1363.4% | -230.1% | -192.3% | +40.5% | +9.8% | |
| Margin % | 5.2% | -5.9% | -18.6% | -8.8% | -7.3% | |
| EV / EBITDA | 276.4x | -69.5x | -17.4x | -36.3x | -28.4x | |
| EBIT | $22.7M | $-92.8M | $-233.2M | $-99.1M | $-187.3M | |
| YoY % | +384.7% | -509.9% | -151.2% | +57.5% | -88.9% | |
| Margin % | 3.2% | -11.6% | -31.2% | -10.5% | -18.5% | |
| EV / EBIT | 445.3x | -35.5x | -10.4x | -30.2x | -11.3x | |
| Net Income | $15.6M | $-94.6M | $-222.6M | $-96.0M | $-204.7M | |
| YoY % | +145.3% | -707.7% | -135.3% | +56.9% | -113.2% | |
| Net Margin | 2.2% | -11.8% | -29.8% | -10.2% | -20.2% | |
| EPS (GAAP) | $0.24 | -$1.47 | -$3.43 | -$1.47 | -$3.04 | |
| YoY % | +142.9% | -712.5% | -133.3% | +57.1% | -106.8% |