STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $515.7M | $629.1M | $728.9M | $786.6M | $789.8M | |
| YoY % | — | +22.0% | +15.9% | +7.9% | +0.4% | |
| P / Sales | 2.1x | 2.4x | 2.9x | 1.6x | 1.1x | |
| EV / Sales | 1.7x | 2.5x | 3.0x | 1.9x | 1.3x | |
| Gross Profit, Adj. | $279.6M | $353.8M | $419.3M | $491.9M | $518.4M | |
| YoY % | — | +26.5% | +18.5% | +17.3% | +5.4% | |
| Margin % | 54.2% | 56.2% | 57.5% | 62.5% | 65.6% | |
| EV / Gross Profit | 3.2x | 4.5x | 5.2x | 3.0x | 2.0x | |
| EBITDA, Adj. | $-44.8M | $-97.7M | $-87.0M | $-47.2M | $22.8M | |
| YoY % | — | -118.0% | +10.9% | +45.7% | +148.2% | |
| Margin % | -8.7% | -15.5% | -11.9% | -6.0% | 2.9% | |
| EV / EBITDA | -19.9x | -16.2x | -24.9x | -31.0x | 46.2x | |
| EBIT | $-77.9M | $-151.2M | $-121.9M | $-89.3M | $-4.2M | |
| YoY % | — | -94.1% | +19.4% | +26.7% | +95.3% | |
| Margin % | -15.1% | -24.0% | -16.7% | -11.4% | -0.5% | |
| EV / EBIT | -11.4x | -10.5x | -17.8x | -16.4x | -253.4x | |
| Net Income | $-80.0M | $-153.9M | $-107.3M | $-85.3M | $3.8M | |
| YoY % | — | -92.3% | +30.3% | +20.5% | +104.5% | |
| Net Margin | -15.5% | -24.5% | -14.7% | -10.8% | 0.5% | |
| EPS (GAAP) | -$1.46 | -$1.09 | -$0.71 | -$0.56 | $0.03 | |
| YoY % | — | +25.3% | +34.9% | +21.1% | +105.4% |