STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $71.6M | $154.7M | $158.9M | $170.6M | $170.3M | |
| YoY % | — | +116.1% | +2.8% | +7.3% | -0.2% | |
| P / Sales | 25.7x | 3.6x | 2.0x | 0.7x | 2.1x | |
| EV / Sales | 27.3x | 4.7x | 3.6x | 2.3x | 4.0x | |
| Gross Profit, Adj. | $27.3M | $154.7M | $53.4M | $58.3M | $65.2M | |
| YoY % | — | +466.0% | -65.5% | +9.3% | +11.8% | |
| Margin % | 38.2% | 100.0% | 33.6% | 34.2% | 38.3% | |
| EV / Gross Profit | 71.5x | 4.7x | 10.7x | 6.8x | 10.3x | |
| EBITDA, Adj. | $-45.7M | $-128.7M | $-86.8M | $-72.3M | $-45.0M | |
| YoY % | — | -181.3% | +32.6% | +16.6% | +37.8% | |
| Margin % | -63.9% | -83.2% | -54.6% | -42.4% | -26.4% | |
| EV / EBITDA | -42.7x | -5.7x | -6.6x | -5.5x | -15.0x | |
| EBIT | $-54.2M | $-148.9M | $-118.2M | $-139.2M | $-116.5M | |
| YoY % | — | -174.6% | +20.6% | -17.8% | +16.3% | |
| Margin % | -75.8% | -96.3% | -74.4% | -81.6% | -68.4% | |
| EV / EBIT | -36.0x | -4.9x | -4.8x | -2.9x | -5.8x | |
| Net Income | $-223.8M | $-67.4M | $-123.9M | $-157.9M | $-121.1M | |
| YoY % | — | +69.9% | -83.9% | -27.5% | +23.3% | |
| Net Margin | -312.6% | -43.6% | -78.0% | -92.6% | -71.1% | |
| EPS (GAAP) | -$39.80 | -$8.15 | -$13.20 | -$13.66 | -$0.79 | |
| YoY % | — | +79.5% | -62.0% | -3.5% | +94.2% |