| Stage | BL | % of rev | BLKB | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $188M | 100.00% | $293M | 100.00% | BLKB ×1.56 |
| Gross profit | $143M | 75.96% | $178M | 60.75% | BL +15.2pp |
| Operating income | $11M | 5.85% | $60M | 20.49% | BLKB +14.6pp |
| Pre-tax income | $13M | 6.80% | $46M | 15.87% | BLKB +9.1pp |
| Net income | $9M | 4.93% | $46M | 15.74% | BLKB +10.8pp |
| Stage | BL | BLKB | Gap · A − B |
|---|---|---|---|
| Revenue | $188M100.00% | $293M100.00% | BLKB ×1.56 |
| Gross profit | 75.96%$143M | 60.75%$178M | BL +15.2pp |
| Operating income | 5.85%$11M | 20.49%$60M | BLKB +14.6pp |
| Pre-tax income | 6.80%$13M | 15.87%$46M | BLKB +9.1pp |
| Net income |
| 4.93%$9M |
| 15.74%$46M |
| BLKB +10.8pp |