STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $302.1M | $208.2M | $230.0M | $298.6M | $321.8M | |
| YoY % | — | -31.1% | +10.5% | +29.8% | +7.8% | |
| P / Sales | 9.3x | 4.9x | 5.1x | 3.4x | 3.9x | |
| EV / Sales | 6.6x | 4.7x | 3.3x | 1.5x | 1.5x | |
| Gross Profit, Adj. | $127.9M | $89.4M | $106.7M | $141.4M | $155.0M | |
| YoY % | — | -30.1% | +19.3% | +32.6% | +9.6% | |
| Margin % | 42.3% | 43.0% | 46.4% | 47.4% | 48.2% | |
| EV / Gross Profit | 15.5x | 11.0x | 7.1x | 3.2x | 3.1x | |
| EBITDA, Adj. | $-173.2M | $-160.0M | $-114.3M | $-57.4M | $2.5M | |
| YoY % | — | +7.6% | +28.6% | +49.8% | +104.4% | |
| Margin % | -57.3% | -76.8% | -49.7% | -19.2% | 0.8% | |
| EV / EBITDA | -11.4x | -6.1x | -6.7x | -8.0x | 189.2x | |
| EBIT | $-183.6M | $-168.2M | $-116.7M | $-59.0M | $1.3M | |
| YoY % | — | +8.4% | +30.6% | +49.5% | +102.3% | |
| Margin % | -60.8% | -80.8% | -50.8% | -19.7% | 0.4% | |
| EV / EBIT | -10.8x | -5.8x | -6.5x | -7.8x | 362.6x | |
| Net Income | $-175.4M | $-146.2M | $-60.3M | $5.0M | $57.9M | |
| YoY % | — | +16.7% | +58.7% | +108.3% | +1058.5% | |
| Net Margin | -58.1% | -70.2% | -26.2% | 1.7% | 18.0% | |
| EPS (GAAP) | -$0.36 | -$0.26 | -$0.11 | $0.01 | $0.09 | |
| YoY % | — | +27.8% | +57.7% | +109.1% | +800.0% |