STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $1.2B | $1.6B | $1.4B | $1.1B | $1.2B | |
| YoY % | — | +35.9% | -13.1% | -22.2% | +12.5% | |
| P / Sales | 0.2x | 0.1x | 0.1x | 0.1x | 0.0x | |
| EV / Sales | 1.1x | 0.8x | 0.8x | 0.9x | 0.9x | |
| Gross Profit, Adj. | $183.7M | $221.4M | $216.0M | $208.8M | $199.7M | |
| YoY % | — | +20.5% | -2.4% | -3.3% | -4.4% | |
| Margin % | 15.2% | 13.5% | 15.2% | 18.9% | 16.0% | |
| EV / Gross Profit | 7.1x | 5.7x | 5.5x | 5.0x | 5.6x | |
| EBITDA, Adj. | $27.0M | $55.6M | $62.5M | $72.9M | $59.1M | |
| YoY % | — | +105.9% | +12.4% | +16.6% | -18.9% | |
| Margin % | 2.2% | 3.4% | 4.4% | 6.6% | 4.7% | |
| EV / EBITDA | 48.5x | 22.8x | 19.0x | 14.3x | 18.8x | |
| EBIT | $-10.6M | $13.4M | $26.5M | $40.0M | $28.7M | |
| YoY % | — | +226.4% | +97.8% | +50.9% | -28.2% | |
| Margin % | -0.9% | 0.8% | 1.9% | 3.6% | 2.3% | |
| EV / EBIT | -123.4x | 94.6x | 44.9x | 26.1x | 38.8x | |
| Net Income | $-229.7M | $-40.8M | $-37.6M | $-35.8M | $-64.0M | |
| YoY % | — | +82.2% | +7.8% | +4.8% | -78.8% | |
| Net Margin | -19.1% | -2.5% | -2.6% | -3.2% | -5.1% | |
| EPS (GAAP) | -$29.80 | -$5.30 | -$4.81 | -$3.08 | -$4.84 | |
| YoY % | — | +82.2% | +9.2% | +36.0% | -57.1% |