STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $2.1B | $3.3B | $3.6B | $3.8B | $3.7B | |
| YoY % | — | +61.5% | +7.9% | +5.2% | -1.4% | |
| P / Sales | 1.4x | 0.7x | 0.3x | 0.4x | 0.3x | |
| EV / Sales | 2.7x | 1.6x | 1.4x | 1.7x | 1.9x | |
| Gross Profit, Adj. | $2.1B | $3.3B | $3.6B | $3.8B | $3.7B | |
| YoY % | — | +61.5% | +7.9% | +5.2% | -1.4% | |
| Margin % | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| EV / Gross Profit | 2.7x | 1.6x | 1.4x | 1.7x | 1.9x | |
| EBITDA, Adj. | $-78.0M | $11.0M | $47.0M | $130.0M | $-58.0M | |
| YoY % | — | +114.1% | +327.3% | +176.6% | -144.6% | |
| Margin % | -3.8% | 0.3% | 1.3% | 3.4% | -1.6% | |
| EV / EBITDA | -72.5x | 493.3x | 107.4x | 49.4x | -122.9x | |
| EBIT | $-117.0M | $-45.0M | $-3.0M | $58.0M | $-149.0M | |
| YoY % | — | +61.5% | +93.3% | +2033.3% | -356.9% | |
| Margin % | -5.7% | -1.4% | -0.1% | 1.5% | -4.0% | |
| EV / EBIT | -48.3x | -120.6x | -1681.9x | 110.7x | -47.9x | |
| Net Income | $-102.0M | $-37.0M | $-11.0M | $84.0M | $-137.0M | |
| YoY % | — | +63.7% | +70.3% | +863.6% | -263.1% | |
| Net Margin | -5.0% | -1.1% | -0.3% | 2.2% | -3.7% | |
| EPS (GAAP) | -$0.48 | -$0.17 | -$0.05 | $0.37 | -$0.60 | |
| YoY % | — | +64.6% | +70.6% | +840.0% | -262.2% |