| Stage | AP | % of rev | TWIN | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $103M | 100.00% | $114M | 100.00% | TWIN ×1.11 |
| Gross profit | $22M | 21.61% | $30M | 26.34% | TWIN +4.7pp |
| Operating income | $5M | 4.93% | $8M | 6.83% | TWIN +1.9pp |
| Pre-tax income | $3M | 2.75% | $7M | 6.06% | TWIN +3.3pp |
| Net income | $2M | 2.09% | $2M | 1.70% | AP +0.4pp |
| Stage | AP | TWIN | Gap · A − B |
|---|---|---|---|
| Revenue | $103M100.00% | $114M100.00% | TWIN ×1.11 |
| Gross profit | 21.61%$22M | 26.34%$30M | TWIN +4.7pp |
| Operating income | 4.93%$5M | 6.83%$8M | TWIN +1.9pp |
| Pre-tax income | 2.75%$3M | 6.06%$7M | TWIN +3.3pp |
| Net income |
| 2.09%$2M |
| 1.70%$2M |
| AP +0.4pp |
No disclosed counterparties: TWIN.
None