STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $219.5M | $296.5M | $361.1M | $445.8M | $517.1M | |
| YoY % | +86.8% | +35.1% | +21.8% | +23.5% | +16.0% | |
| P / Sales | 12.7x | 5.5x | 5.5x | 6.9x | 6.6x | |
| EV / Sales | 12.4x | 5.2x | 5.1x | 6.7x | 6.0x | |
| Gross Profit, Adj. | $145.1M | $175.7M | $229.7M | $298.1M | $362.5M | |
| YoY % | +90.9% | +21.1% | +30.7% | +29.8% | +21.6% | |
| Margin % | 66.1% | 59.2% | 63.6% | 66.9% | 70.1% | |
| EV / Gross Profit | 18.7x | 8.8x | 8.0x | 10.0x | 8.6x | |
| EBITDA, Adj. | $-62.3M | $-11.8M | $9.7M | $43.0M | $99.7M | |
| YoY % | -127.0% | +81.0% | +182.3% | +341.1% | +132.0% | |
| Margin % | -28.4% | -4.0% | 2.7% | 9.6% | 19.3% | |
| EV / EBITDA | -43.6x | -130.8x | 189.4x | 69.4x | 31.4x | |
| EBIT | $-81.9M | $-41.1M | $-85.8M | $16.1M | $57.8M | |
| YoY % | -131.4% | +49.8% | -108.8% | +118.8% | +257.9% | |
| Margin % | -37.3% | -13.9% | -23.8% | 3.6% | 11.2% | |
| EV / EBIT | -33.2x | -37.7x | -21.5x | 184.6x | 54.1x | |
| Net Income | $-75.6M | $-36.6M | $-74.4M | $24.1M | $66.4M | |
| YoY % | -116.5% | +51.6% | -103.5% | +132.4% | +174.9% | |
| Net Margin | -34.4% | -12.3% | -20.6% | 5.4% | 12.8% | |
| EPS (GAAP) | -$1.11 | -$0.51 | -$1.02 | $0.31 | $0.82 | |
| YoY % | -68.2% | +54.1% | -100.0% | +130.4% | +164.5% |