| Stage | CDNL | % of rev | J | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $227M | 100.00% | $4.1B | 100.00% | J ×17.96 |
| Gross profit | $36M | 15.88% | $811M | 19.89% | J +4.0pp |
| Operating income | $15M | 6.82% | $287M | 7.03% | J +0.2pp |
| Pre-tax income | $10M | 4.47% | $241M | 5.92% | J +1.5pp |
| Net income | $11M | 4.91% | $136M | 3.33% | CDNL +1.6pp |
| Stage | CDNL | J | Gap · A − B |
|---|---|---|---|
| Revenue | $227M100.00% | $4.1B100.00% | J ×17.96 |
| Gross profit | 15.88%$36M | 19.89%$811M | J +4.0pp |
| Operating income | 6.82%$15M | 7.03%$287M | J +0.2pp |
| Pre-tax income | 4.47%$10M | 5.92%$241M | J +1.5pp |
| Net income |
| 4.91%$11M |
| 3.33%$136M |
| CDNL +1.6pp |
None
No disclosed counterparties: CDNL.