| Stage | BTSG | % of rev | MXL | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.2B | 100.00% | $218M | 100.00% | BTSG ×19.32 |
| Gross profit | $519M | 12.31% | $128M | 58.73% | MXL +46.4pp |
| Operating income | $160M | 3.81% | $30M | 13.86% | MXL +10.1pp |
| Pre-tax income | $129M | 3.07% | $28M | 12.92% | MXL +9.8pp |
| Net income | $100M | 2.38% | $29M | 13.25% | MXL +10.9pp |
| Stage | BTSG | MXL | Gap · A − B |
|---|---|---|---|
| Revenue | $4.2B100.00% | $218M100.00% | BTSG ×19.32 |
| Gross profit | 12.31%$519M | 58.73%$128M | MXL +46.4pp |
| Operating income | 3.81%$160M | 13.86%$30M | MXL +10.1pp |
| Pre-tax income | 3.07%$129M | 12.92%$28M | MXL +9.8pp |
| Net income |
| 2.38%$100M |
| 13.25%$29M |
| MXL +10.9pp |
No shared counterparties.