STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $490.5M | $516.4M | $618.7M | $610.8M | $642.8M | |
| YoY % | +64.1% | +5.3% | +19.8% | -1.3% | +5.2% | |
| P / Sales | 33.5x | 7.8x | 10.3x | 2.8x | 3.2x | |
| EV / Sales | 32.7x | 7.8x | 10.1x | 2.6x | 2.8x | |
| Gross Profit, Adj. | $416.4M | $396.0M | $409.3M | $414.5M | $443.9M | |
| YoY % | +73.2% | -4.9% | +3.4% | +1.3% | +7.1% | |
| Margin % | 84.9% | 76.7% | 66.2% | 67.9% | 69.1% | |
| EV / Gross Profit | 38.5x | 10.2x | 15.2x | 3.8x | 4.1x | |
| EBITDA, Adj. | $-24.7M | $-134.9M | $-229.8M | $-158.7M | $-74.7M | |
| YoY % | +95.2% | -447.2% | -70.3% | +31.0% | +52.9% | |
| Margin % | -5.0% | -26.1% | -37.1% | -26.0% | -11.6% | |
| EV / EBITDA | -650.9x | -29.8x | -27.1x | -10.0x | -24.2x | |
| EBIT | $-52.3M | $-167.9M | $-265.3M | $-194.6M | $-61.0M | |
| YoY % | +90.2% | -221.4% | -58.0% | +26.7% | +68.7% | |
| Margin % | -10.7% | -32.5% | -42.9% | -31.9% | -9.5% | |
| EV / EBIT | -307.2x | -24.0x | -23.5x | -8.2x | -29.6x | |
| Net Income | $-58.2M | $-166.0M | $-255.1M | $-182.6M | $-43.5M | |
| YoY % | +89.3% | -185.1% | -53.7% | +28.4% | +76.2% | |
| Net Margin | -11.9% | -32.1% | -41.2% | -29.9% | -6.8% | |
| EPS (GAAP) | -$0.53 | -$1.46 | -$2.18 | -$1.52 | -$0.35 | |
| YoY % | +90.1% | -175.5% | -49.3% | +30.3% | +77.0% |