STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $254.0M | $437.4M | $613.6M | $770.5M | $900.8M | |
| YoY % | — | +72.2% | +40.3% | +25.6% | +16.9% | |
| P / Sales | 9.5x | 5.2x | 3.0x | 4.1x | 3.8x | |
| EV / Sales | 9.4x | 6.3x | 4.0x | 5.2x | 4.9x | |
| Gross Profit, Adj. | $149.0M | $276.4M | $524.9M | $662.4M | $772.9M | |
| YoY % | — | +85.5% | +89.9% | +26.2% | +16.7% | |
| Margin % | 58.7% | 63.2% | 85.6% | 86.0% | 85.8% | |
| EV / Gross Profit | 16.1x | 10.0x | 4.7x | 6.1x | 5.7x | |
| EBITDA, Adj. | $-102.6M | $-110.3M | $41.8M | $149.7M | $221.1M | |
| YoY % | — | -7.5% | +137.9% | +258.2% | +47.7% | |
| Margin % | -40.4% | -25.2% | 6.8% | 19.4% | 24.5% | |
| EV / EBITDA | -23.3x | -25.2x | 59.2x | 27.0x | 20.0x | |
| EBIT | $-114.9M | $-129.1M | $20.1M | $123.2M | $186.5M | |
| YoY % | — | -12.3% | +115.6% | +511.7% | +51.4% | |
| Margin % | -45.3% | -29.5% | 3.3% | 16.0% | 20.7% | |
| EV / EBIT | -20.8x | -21.5x | 122.8x | 32.8x | 23.7x | |
| Net Income | $-36.1M | $-65.6M | $27.8M | $168.1M | $108.6M | |
| YoY % | — | -81.7% | +142.4% | +504.1% | -35.4% | |
| Net Margin | -14.2% | -15.0% | 4.5% | 21.8% | 12.1% | |
| EPS (GAAP) | -$0.48 | -$0.80 | $0.31 | $1.56 | $1.12 | |
| YoY % | — | -66.7% | +138.8% | +403.2% | -28.2% |