| Market Cap | $12.05B | |
| Enterprise Value | $11.93B | |
| Revenue | $708.2M | +65.5% |
| Gross Profit | — | — |
| EBITDA | -$166.3M | — |
| Net Income | -$188.3M | — |
| Diluted EPS | -$3.68 | — |
| Free Cash Flow | -$71.0M | — |
| Ratio | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 11y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||
| Operating Margin | — | — | — | — | — | — | — | — | −85.67% | −72.74% | −26.12% | 83% | 53% | |
| EBITDA Margin | — | — | — | — | — | — | — | — | −83.15% | −70.95% | −25.04% | 83% | 50% | |
| NOPAT Margin | — | — | — | — | — | — | — | — | −67.68% | −57.47% | −20.63% | 83% | 45% | |
| Net Margin | — | — | — | — | — | — | — | — | −88.41% | −74.47% | −28.69% | 83% | 50% | |
| FCF Margin | — | — | — | — | — | — | — | — | −53.83% | −33.36% | −14.70% | 83% | 49% | |
| FCFE Margin | — | — | — | — | — | — | — | — | — | — | −66.70% | — | 50% | 20% |
| OCF Margin | — | — | — | — | — | — | — | — | −53.61% | −33.29% | −14.63% | 83% | 50% | |
| Gross Profitability | — | — | — | — | — | — | — | −1.57% | — | — | — | — | — | — |
| Capex Intensity | — | — | — | — | — | — | — | — | 0.22% | 0.07% | 0.08% | 50% | 6% | |
| ▸Returns on Capital · 4 ratios | ||||||||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | ||||||||||||||
| ▸Earnings quality · 1 ratios | ||||||||||||||
| ▸Liquidity & coverage · 5 ratios | ||||||||||||||
| ▸Leverage · 8 ratios | ||||||||||||||
| ▸Working capital · 5 ratios | ||||||||||||||
| ▸Per share · 6 ratios | ||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||
| Line | 2014↗ | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | $0 | $270.6M | $385.7M | $638.5M |
| YoY % | +42.5% | +65.5% | ||||||||||
| Cost of Revenue | — | — | — | — | — | — | — | — | $5.2M | — | — | — |
| R&D Expense | $4.3M | $6.8M | $21.2M | $20.0M | $23.5M | $53.6M | $70.2M | $58.1M | $57.9M | $97.9M | $187.1M | $183.3M |
| YoY % | +58.4% | +212.8% | -5.9% | +17.7% | +128.3% | +30.9% | -17.3% | -0.2% | +69.0% | +91.0% | -2.0% | |
| Selling & Marketing Expense | — | — | — | — | — | — | — | — | $104.7M | $237.2M | $293.4M | $440.4M |
| YoY % | +126.7% | +23.7% | +50.1% | |||||||||
| SG&A Expense | — | — | — | — | — | — | $28.9M | $66.6M | $159.3M | $323.1M | $411.4M | $570.6M |
| YoY % | +130.6% | +139.0% | +102.9% | +27.3% | +38.7% | |||||||
| Total Operating Expenses | — | — | — | — | — | — | $99.1M | $124.7M | $229.8M | $502.4M | $666.3M | $805.3M |
| YoY % | +25.8% | +84.3% | +118.6% | +32.6% | +20.9% | |||||||
| Operating Income | -$5.7M | -$9.2M | -$27.5M | -$27.2M | -$32.8M | -$67.2M | -$99.1M | -$124.7M | -$179.8M | -$231.8M | -$280.6M | -$166.8M |
| Interest Expense | — | — | — | — | — | — | — | — | -$9.7M | -$20.0M | -$21.6M | -$15.9M |
| Pretax Income | — | — | — | — | — | — | — | -$130.4M | -$187.1M | -$238.3M | -$287.1M | -$183.7M |
| Income Tax | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $960,000 | $85,000 | -$530,000 |
| YoY % | -91.1% | |||||||||||
| Net Income (incl. NCI) | — | — | -$27.2M | -$28.9M | -$31.0M | -$68.3M | -$102.9M | -$130.4M | -$187.1M | -$239.2M | -$287.2M | -$183.2M |
| Net Income | -$6.0M | -$12.2M | -$27.2M | -$28.9M | -$31.0M | -$68.3M | -$102.9M | -$130.4M | -$187.1M | -$239.2M | -$287.2M | -$183.2M |
| EPS (Basic) | — | — | — | — | — | — | -$2.77 | -$3.47 | -$4.60 | -$5.27 | -$5.99 | -$3.68 |
| EPS (Diluted) | — | — | — | — | — | — | -$2.77 | -$3.47 | -$4.60 | -$5.27 | -$5.99 | -$3.68 |
| Weighted Avg Shares (Basic) | — | — | — | — | — | — | 37.2M | 37.6M | 40.7M | 45.4M | 47.9M | 49.7M |
| YoY % | +1.1% | +8.1% | +11.7% | +5.5% | +3.8% | |||||||
| Weighted Avg Shares (Diluted) | — | — | — | — | — | — | 37.2M | 37.6M | 40.7M | 45.4M | 47.9M | 49.7M |
| YoY % | +1.1% | +8.1% | +11.7% | +5.5% | +3.8% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
