| Market Cap | $36.6M | |
| Enterprise Value | $654.8M | |
| Revenue | $111.4M | +36.2% |
| Gross Profit | -$810,000 | — |
| EBITDA | $53.6M | — |
| Net Income | -$13.6M | — |
| Diluted EPS | -$1.44 | — |
| Free Cash Flow | $2.8M | — |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Gross Margin | 13.49% | — | 57.11% | 52.65% | — | — | — | — | |
| Operating Margin | −75.20% | — | −255.64% | −46.10% | −61.37% | 16.04% | 90% | 45% | |
| EBITDA Margin | −72.14% | — | −227.80% | −19.07% | −31.68% | 43.05% | 90% | 71% | |
| Net Margin | −297.99% | — | −404.98% | −82.43% | −85.85% | −23.28% | 90% | 9% | |
| FCF Margin | −98.47% | — | −273.73% | −42.78% | −51.35% | −3.35% | 90% | 26% | |
| FCFE Margin | — | — | −273.73% | −15.98% | 240.76% | −3.35% | 63% | 23% | |
| OCF Margin | −97.75% | — | −273.73% | −42.15% | −50.92% | −3.16% | 90% | 5% | |
| Gross Profitability | 0.79% | −0.18% | 1.60% | 4.70% | — | — | — | — | |
| Capex Intensity | 0.71% | — | 0.00% | 0.62% | 0.43% | 0.20% | 30% | 1% | |
| ▸Returns on Capital · 4 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 2 ratios | |||||||||
| ▸Earnings quality · 5 ratios | |||||||||
| ▸Liquidity & coverage · 8 ratios | |||||||||
| ▸Leverage · 9 ratios | |||||||||
| ▸Working capital · 7 ratios | |||||||||
| ▸Per share · 6 ratios | |||||||||
| ▸Other · 1 ratios | |||||||||
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $20.3M | $0 | $23.2M | $79.9M | $82.1M | $111.8M |
| YoY % | -100.0% | +244.3% | +2.8% | +36.2% | ||
| Cost of Revenue | $17.6M | $16.3M | $9.9M | $37.8M | — | — |
| YoY % | -7.4% | -38.9% | +280.1% | |||
| Gross Profit | $2.7M | -$696,000 | — | — | — | — |
| R&D Expense | $4.4M | $10.8M | — | — | — | — |
| YoY % | +142.4% | |||||
| SG&A Expense | $13.6M | $35.1M | $73.1M | $56.1M | $58.9M | $55.1M |
| YoY % | +158.2% | +108.3% | -23.2% | +4.9% | -6.4% | |
| Total Operating Expenses | — | — | $82.5M | $116.7M | $132.5M | $93.9M |
| YoY % | +41.4% | +13.6% | -29.2% | |||
| Operating Income | -$15.3M | -$35.1M | -$59.3M | -$36.8M | -$50.4M | $17.9M |
| Interest Expense | — | — | — | $41.9M | $40.2M | $50.9M |
| YoY % | -4.1% | +26.6% | ||||
| Interest & Investment Income | — | — | $1.3M | $19.5M | $22.8M | $20.7M |
| YoY % | +1358.8% | +16.5% | -9.0% | |||
| Impairment of Real Estate | — | — | — | $0 | $0 | $0 |
| Income Tax | — | — | — | — | — | $0 |
| Income from Discontinued Operations | — | -$23.8M | -$40.1M | -$4.1M | $25,000 | -$64,000 |
| Net Income (incl. NCI) | -$60.6M | $28.8M | -$92.8M | -$66.6M | -$70.1M | -$25.7M |
| Minority Interest (P&L) | — | $0 | $1.1M | -$779,000 | $436,000 | $320,000 |
| YoY % | -26.6% | |||||
| Net Income | -$60.6M | $28.8M | -$93.9M | -$65.8M | -$70.5M | -$26.0M |
| EPS (Basic) | -$0.72 | $0.21 | -$5.27 | -$3.58 | -$3.82 | -$1.44 |
| EPS (Diluted) | -$0.72 | $0.19 | -$5.27 | -$3.58 | -$3.82 | -$1.44 |
| Weighted Avg Shares (Basic) | 84.6M | 138.5M | 17.8M | 18.4M | 18.5M | 18.1M |
| YoY % | +63.7% | -87.1% | +3.1% | +0.4% | -2.2% | |
| Weighted Avg Shares (Diluted) | 84.6M | 148.5M | 17.8M | 18.4M | 18.5M | 18.1M |
| YoY % | +75.6% | -88.0% | +3.1% | +0.4% | -2.2% |
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.
