STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $37.0M | $24.9M | $36.5M | $42.1M | $62.4M | |
| YoY % | — | -32.9% | +46.9% | +15.2% | +48.3% | |
| P / Sales | 18.3x | 25.8x | 25.8x | 8.0x | 16.5x | |
| EV / Sales | 18.7x | 30.9x | 28.1x | 9.2x | 15.5x | |
| Gross Profit, Adj. | $37.0M | $24.9M | $36.5M | $42.1M | $62.4M | |
| YoY % | — | -32.9% | +46.9% | +15.2% | +48.3% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | 18.7x | 30.9x | 28.1x | 9.2x | 15.5x | |
| EBITDA, Adj. | $-57.3M | $-109.5M | $-111.8M | $-143.1M | $-109.0M | |
| YoY % | — | -91.1% | -2.1% | -28.0% | +23.8% | |
| Margin % | -154.7% | -440.3% | -306.0% | -340.1% | -174.7% | |
| EV / EBITDA | -12.1x | -7.0x | -9.2x | -2.7x | -8.9x | |
| EBIT | $-58.2M | $-111.1M | $-114.2M | $-145.6M | $-111.3M | |
| YoY % | — | -90.9% | -2.8% | -27.5% | +23.6% | |
| Margin % | -157.1% | -446.8% | -312.6% | -346.1% | -178.4% | |
| EV / EBIT | -11.9x | -6.9x | -9.0x | -2.6x | -8.7x | |
| Net Income | $-58.2M | $-108.2M | $-101.7M | $-130.3M | $-101.6M | |
| YoY % | — | -85.8% | +5.9% | -28.1% | +22.0% | |
| Net Margin | -157.2% | -435.1% | -278.5% | -309.7% | -162.9% | |
| EPS (GAAP) | -$0.94 | -$1.23 | -$1.08 | -$1.19 | -$0.87 | |
| YoY % | — | -30.9% | +12.2% | -10.2% | +26.9% |