STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $825.8M | $1.3B | $1.5B | $1.7B | $1.6B | |
| YoY % | — | +54.9% | +18.2% | +13.2% | -6.2% | |
| P / Sales | 1.4x | 1.5x | 1.1x | 0.8x | 1.0x | |
| EV / Sales | 1.8x | 1.8x | 1.5x | 1.2x | 1.3x | |
| Gross Profit, Adj. | $124.6M | $222.1M | $271.5M | $379.4M | $383.9M | |
| YoY % | — | +78.2% | +22.2% | +39.8% | +1.2% | |
| Margin % | 15.1% | 17.4% | 17.9% | 22.2% | 23.9% | |
| EV / Gross Profit | 11.9x | 10.3x | 8.5x | 5.5x | 5.4x | |
| EBITDA, Adj. | $50.7M | $163.7M | $207.2M | $291.0M | $307.9M | |
| YoY % | — | +222.7% | +26.6% | +40.4% | +5.8% | |
| Margin % | 6.1% | 12.8% | 13.7% | 17.0% | 19.2% | |
| EV / EBITDA | 29.1x | 14.0x | 11.1x | 7.2x | 6.7x | |
| EBIT | $-81.0M | $2.5M | $10.8M | $94.2M | $81.1M | |
| YoY % | — | +103.0% | +338.6% | +771.7% | -13.8% | |
| Margin % | -9.8% | 0.2% | 0.7% | 5.5% | 5.0% | |
| EV / EBIT | -18.2x | 931.8x | 212.5x | 22.3x | 25.6x | |
| Net Income | $-131.9M | $-20.1M | $-23.4M | $51.9M | $51.7M | |
| YoY % | — | +84.7% | -16.0% | +322.3% | -0.4% | |
| Net Margin | -16.0% | -1.6% | -1.5% | 3.0% | 3.2% | |
| EPS (GAAP) | -$1.64 | -$0.18 | -$0.21 | $0.45 | $0.45 | |
| YoY % | — | +89.0% | -16.7% | +314.3% | — |