STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|
| Sales, Adj. | $15.0M | $69.2M | $140.1M | $168.5M | |
| YoY % | — | +360.5% | +102.3% | +20.3% | |
| P / Sales | 5.3x | 7.0x | 14.2x | 27.1x | |
| EV / Sales | 18.5x | 8.4x | 16.1x | 45.8x | |
| Gross Profit, Adj. | $4.0M | $41.9M | $77.4M | $85.8M | |
| YoY % | — | +961.1% | +84.8% | +10.8% | |
| Margin % | 26.3% | 60.5% | 55.3% | 50.9% | |
| EV / Gross Profit | 70.3x | 13.9x | 29.1x | 90.0x | |
| EBITDA, Adj. | $-35.4M | $7,000 | $-784,000 | $-92.1M | |
| YoY % | — | +100.0% | -11300.0% | -11648.6% | |
| Margin % | -235.4% | 0.0% | -0.6% | -54.7% | |
| EV / EBITDA | -7.8x | 83439.7x | -2879.4x | -83.8x | |
| EBIT | $-43.5M | $-31.4M | $-60.6M | $-180.7M | |
| YoY % | — | +27.9% | -93.1% | -198.2% | |
| Margin % | -289.4% | -45.3% | -43.3% | -107.3% | |
| EV / EBIT | -6.4x | -18.6x | -37.3x | -42.7x | |
| Net Income | $-90.8M | $-73.4M | $-72.4M | $-661.4M | |
| YoY % | — | +19.1% | +1.4% | -813.3% | |
| Net Margin | -603.9% | -106.1% | -51.7% | -392.6% | |
| EPS (GAAP) | -$0.82 | -$0.35 | -$0.21 | -$1.66 | |
| YoY % | — | +57.3% | +40.0% | -690.5% |