STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $443.3M | $537.9M | $630.0M | $738.7M | $884.6M | |
| YoY % | +26.1% | +21.3% | +17.1% | +17.2% | +19.7% | |
| P / Sales | 15.1x | 8.1x | 8.2x | 8.2x | 5.5x | |
| EV / Sales | 16.0x | 9.2x | 9.9x | 9.7x | 6.8x | |
| Gross Profit, Adj. | $339.5M | $408.0M | $475.8M | $566.6M | $694.1M | |
| YoY % | +29.9% | +20.2% | +16.6% | +19.1% | +22.5% | |
| Margin % | 76.6% | 75.9% | 75.5% | 76.7% | 78.5% | |
| EV / Gross Profit | 20.9x | 12.1x | 13.1x | 12.7x | 8.7x | |
| EBITDA, Adj. | $-24.1M | $-78.6M | $-83.4M | $-65.5M | $-31.5M | |
| YoY % | +28.0% | -225.8% | -6.2% | +21.4% | +52.0% | |
| Margin % | -5.4% | -14.6% | -13.2% | -8.9% | -3.6% | |
| EV / EBITDA | -293.8x | -62.9x | -74.7x | -109.4x | -191.2x | |
| EBIT | $-29.4M | $-88.8M | $-94.5M | $-76.5M | $-42.4M | |
| YoY % | +22.3% | -202.4% | -6.5% | +19.0% | +44.5% | |
| Margin % | -6.6% | -16.5% | -15.0% | -10.4% | -4.8% | |
| EV / EBIT | -241.4x | -55.7x | -65.9x | -93.7x | -141.7x | |
| Net Income | $-37.7M | $-90.9M | $-127.5M | $-55.0M | $-26.2M | |
| YoY % | +22.0% | -141.0% | -40.2% | +56.8% | +52.5% | |
| Net Margin | -8.5% | -16.9% | -20.2% | -7.5% | -3.0% | |
| EPS (GAAP) | -$0.74 | -$1.72 | -$2.36 | -$0.99 | -$0.47 | |
| YoY % | +26.0% | -132.4% | -37.2% | +58.1% | +52.5% |