STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $902.0M | $1.5B | $1.8B | $1.8B | $1.9B | |
| YoY % | +49.3% | +65.4% | +19.8% | +2.6% | +3.1% | |
| P / Sales | 4.1x | 1.8x | 1.7x | 1.2x | 1.0x | |
| EV / Sales | 5.0x | 2.2x | 2.0x | 1.5x | 1.5x | |
| Gross Profit, Adj. | $828.0M | $1.4B | $1.7B | $1.7B | $1.7B | |
| YoY % | +50.8% | +70.8% | +18.0% | +2.1% | +2.5% | |
| Margin % | 91.8% | 94.8% | 93.3% | 92.9% | 92.3% | |
| EV / Gross Profit | 5.4x | 2.4x | 2.2x | 1.6x | 1.6x | |
| EBITDA, Adj. | $-20.0M | $198.0M | $235.0M | $198.0M | $215.0M | |
| YoY % | +87.5% | +1090.0% | +18.7% | -15.7% | +8.6% | |
| Margin % | -2.2% | 13.3% | 13.1% | 10.8% | 11.4% | |
| EV / EBITDA | -225.6x | 16.9x | 15.5x | 13.6x | 13.3x | |
| EBIT | $-131.0M | $101.0M | $126.0M | $92.0M | $80.0M | |
| YoY % | +54.5% | +177.1% | +24.8% | -27.0% | -13.0% | |
| Margin % | -14.5% | 6.8% | 7.0% | 5.0% | 4.2% | |
| EV / EBIT | -34.4x | 33.2x | 29.0x | 29.3x | 35.6x | |
| Net Income | $-148.0M | $20.0M | $10.0M | $5.0M | $40.0M | |
| YoY % | +48.8% | +113.5% | -50.0% | -50.0% | +700.0% | |
| Net Margin | -16.4% | 1.3% | 0.6% | 0.3% | 2.1% | |
| EPS (GAAP) | -$1.08 | $0.14 | $0.08 | $0.04 | $0.31 | |
| YoY % | +49.5% | +113.0% | -42.9% | -50.0% | +675.0% |