| Market Cap | $7.35B | |
| Enterprise Value | $7.46B | |
| Revenue | $254.3M | +10.1% |
| Gross Profit | — | — |
| EBITDA | -$38.7M | — |
| Net Income | -$71.2M | — |
| Diluted EPS | -$0.50 | — |
| Free Cash Flow | -$313.8M | — |
| Ratio | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 7y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||
| Operating Margin | −10.38% | −25.84% | 49.81% | 62.07% | −6.99% | −83.11% | −66.55% | 21% | 14% | |
| EBITDA Margin | −4.00% | −20.68% | 57.15% | 65.55% | 14.99% | −44.82% | −26.78% | 21% | 15% | |
| NOPAT Margin | −8.20% | −20.41% | 41.99% | 52.58% | −5.14% | −65.66% | −52.58% | 21% | 8% | |
| Net Margin | −9.20% | −16.25% | 40.68% | 54.79% | 9.59% | −32.09% | −38.26% | 7% | 15% | |
| FCF Margin | −3.69% | −14.22% | −6.60% | 3.21% | −78.60% | −84.90% | −146.20% | 7% | 7% | |
| FCFF Margin | — | — | — | 4.14% | −77.07% | — | — | — | — | |
| FCFE Margin | — | — | — | 3.21% | −78.60% | 281.78% | −118.78% | 13% | 3% | |
| OCF Margin | −0.60% | 2.44% | 30.72% | 65.12% | 24.74% | 6.55% | −69.40% | 7% | 12% | |
| Capex Intensity | 3.10% | 16.66% | 37.32% | 61.91% | 103.33% | 91.45% | 76.80% | 64% | 96% | |
| ▸Returns on Capital · 6 ratios | ||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||||
| ▸Leverage · 9 ratios | ||||||||||
| ▸Working capital · 3 ratios | ||||||||||
| ▸Capital allocation · 2 ratios | ||||||||||
| ▸Per share · 6 ratios | ||||||||||
| ▸Other · 1 ratios | ||||||||||
The five drivers multiply to 23.9% vs reported ROE 24.9%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|
| Revenue | $73.4M | $134.3M | $332.0M | $527.5M | $253.4M | $203.9M | $224.4M |
| YoY % | +83.0% | +147.2% | +58.9% | -52.0% | -19.6% | +10.1% | |
| SG&A Expense | — | $26.8M | $56.6M | $75.9M | $79.2M | $83.3M | $112.1M |
| YoY % | +111.6% | +33.9% | +4.5% | +5.1% | +34.5% | ||
| Total Operating Expenses | $81.0M | $169.0M | $166.6M | $200.1M | $271.2M | $373.3M | $424.8M |
| YoY % | +108.6% | -1.4% | +20.1% | +35.5% | +37.7% | +13.8% | |
| Operating Income | -$7.6M | -$34.7M | $165.3M | $327.4M | -$17.7M | -$169.4M | -$149.4M |
| YoY % | +98.0% | ||||||
| Interest Expense | — | — | — | $5.8M | $5.3M | $23.0M | $31.5M |
| YoY % | -9.2% | +338.0% | +36.8% | ||||
| Other Non-Operating Income | $32,000 | $251,000 | $3.8M | $19.5M | $56.0M | $46.2M | $63.1M |
| YoY % | +684.4% | +1395.6% | +420.2% | +187.0% | -17.6% | +36.6% | |
| Gains on Sale of Real Estate | — | -$101,000 | — | — | — | — | — |
| Impairment of Real Estate | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Pretax Income | -$6.8M | -$39.5M | $160.2M | $341.2M | $33.1M | -$93.3M | -$117.8M |
| YoY % | +113.0% | -90.3% | |||||
| Income Tax | $1,000 | -$17.6M | $25.2M | $52.1M | $8.8M | -$27.9M | -$31.9M |
| YoY % | +107.3% | -83.2% | |||||
| Net Income | -$6.8M | -$21.8M | $135.0M | $289.0M | $24.3M | -$65.4M | -$85.9M |
| YoY % | +114.0% | -91.6% | |||||
| Net Income to Common | — | — | — | — | $24.3M | -$65.4M | -$85.9M |
| EPS (Basic) | -$0.10 | -$0.27 | $0.78 | $1.64 | $0.14 | -$0.39 | -$0.50 |
| YoY % | +110.3% | -91.5% | |||||
| EPS (Diluted) | -$0.10 | -$0.27 | $0.73 | $1.52 | $0.14 | -$0.57 | -$0.50 |
| YoY % | +108.2% | -90.8% | |||||
| Weighted Avg Shares (Basic) | 66.6M | 79.7M | 173.5M | 176.5M | 177.2M | 166.8M | 170.1M |
| YoY % | +19.7% | +117.7% | +1.8% | +0.4% | -5.8% | +2.0% | |
| Weighted Avg Shares (Diluted) | 66.6M | 79.7M | 189.8M | 193.5M | 178.2M | 169.9M | 170.1M |
| YoY % | +19.7% | +138.2% | +1.9% | -7.9% | -4.6% | +0.1% |
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.
