| Stage | BWMN | % of rev | BAH | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $146M | 100.00% | $2.8B | 100.00% | BAH ×19.01 |
| Gross profit | $78M | 53.20% | $1.4B | 52.02% | BWMN +1.2pp |
| Operating income | $8M | 5.57% | $245M | 8.82% | BAH +3.3pp |
| Pre-tax income | $2M | 1.60% | $199M | 7.16% | BAH +5.6pp |
| Net income | $2M | 1.71% | $181M | 6.52% | BAH +4.8pp |
| Stage | BWMN | BAH | Gap · A − B |
|---|---|---|---|
| Revenue | $146M100.00% | $2.8B100.00% | BAH ×19.01 |
| Gross profit | 53.20%$78M | 52.02%$1.4B | BWMN +1.2pp |
| Operating income | 5.57%$8M | 8.82%$245M | BAH +3.3pp |
| Pre-tax income | 1.60%$2M | 7.16%$199M | BAH +5.6pp |
| Net income |
| 1.71%$2M |
| 6.52%$181M |
| BAH +4.8pp |
None
No disclosed counterparties: BWMN.