| Stage | AP | % of rev | STRT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $103M | 100.00% | $147M | 100.00% | STRT ×1.43 |
| Gross profit | $22M | 21.61% | $24M | 16.52% | AP +5.1pp |
| Operating income | $5M | 4.93% | $6M | 4.36% | AP +0.6pp |
| Pre-tax income | $3M | 2.75% | $7M | 4.89% | STRT +2.1pp |
| Net income | $2M | 2.09% | $5M | 3.61% | STRT +1.5pp |
| Stage | AP | STRT | Gap · A − B |
|---|---|---|---|
| Revenue | $103M100.00% | $147M100.00% | STRT ×1.43 |
| Gross profit | 21.61%$22M | 16.52%$24M | AP +5.1pp |
| Operating income | 4.93%$5M | 4.36%$6M | AP +0.6pp |
| Pre-tax income | 2.75%$3M | 4.89%$7M | STRT +2.1pp |
| Net income |
| 2.09%$2M |
| 3.61%$5M |
| STRT +1.5pp |