| Stage | BOX | % of rev | KE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $321M | 100.00% | $372M | 100.00% | KE ×1.16 |
| Gross profit | $254M | 79.08% | $33M | 8.87% | BOX +70.2pp |
| Operating income | $33M | 10.16% | $29M | 7.83% | BOX +2.3pp |
| Pre-tax income | $32M | 9.92% | $26M | 7.12% | BOX +2.8pp |
| Net income | $19M | 5.99% | $9M | 2.29% | BOX +3.7pp |
| Stage | BOX | KE | Gap · A − B |
|---|---|---|---|
| Revenue | $321M100.00% | $372M100.00% | KE ×1.16 |
| Gross profit | 79.08%$254M | 8.87%$33M | BOX +70.2pp |
| Operating income | 10.16%$33M | 7.83%$29M | BOX +2.3pp |
| Pre-tax income | 9.92%$32M | 7.12%$26M | BOX +2.8pp |
| Net income |
| 5.99%$19M |
| 2.29%$9M |
| BOX +3.7pp |