STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $132.3M | $203.6M | $245.1M | $313.0M | $376.6M | |
| YoY % | +46.9% | +53.8% | +20.4% | +27.7% | +20.3% | |
| P / Sales | 39.0x | 9.3x | 4.4x | 8.4x | 4.5x | |
| EV / Sales | 36.4x | 8.3x | 3.9x | 8.1x | 4.4x | |
| Gross Profit, Adj. | $51.7M | $84.2M | $89.7M | $133.3M | $191.0M | |
| YoY % | +80.2% | +62.9% | +6.5% | +48.6% | +43.2% | |
| Margin % | 39.1% | 41.4% | 36.6% | 42.6% | 50.7% | |
| EV / Gross Profit | 93.1x | 20.1x | 10.7x | 19.0x | 8.7x | |
| EBITDA, Adj. | $-143.5M | $-218.3M | $-177.6M | $-144.5M | $-111.4M | |
| YoY % | -29.4% | -52.1% | +18.6% | +18.7% | +22.9% | |
| Margin % | -108.4% | -107.2% | -72.5% | -46.2% | -29.6% | |
| EV / EBITDA | -33.6x | -7.8x | -5.4x | -17.6x | -15.0x | |
| EBIT | $-152.7M | $-230.2M | $-217.2M | $-220.8M | $-136.3M | |
| YoY % | -9.0% | -50.7% | +5.7% | -1.7% | +38.3% | |
| Margin % | -115.4% | -113.1% | -88.6% | -70.6% | -36.2% | |
| EV / EBIT | -31.5x | -7.4x | -4.4x | -11.5x | -12.2x | |
| Net Income | $-152.1M | $-217.9M | $-204.6M | $-208.7M | $-77.7M | |
| YoY % | -8.7% | -43.2% | +6.1% | -2.0% | +62.8% | |
| Net Margin | -114.9% | -107.0% | -83.5% | -66.7% | -20.6% | |
| EPS (GAAP) | -$3.15 | -$4.04 | -$3.60 | -$3.60 | -$1.30 | |
| YoY % | +11.8% | -28.3% | +10.9% | — | +63.9% |