| Stage | CTS | % of rev | PLPC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $150M | 100.00% | $210M | 100.00% | PLPC ×1.40 |
| Gross profit | $63M | 42.22% | $70M | 33.41% | CTS +8.8pp |
| Operating income | $26M | 17.07% | $25M | 11.88% | CTS +5.2pp |
| Pre-tax income | $38M | 25.55% | $26M | 12.20% | CTS +13.4pp |
| Net income | $18M | 11.87% | $18M | 8.60% | CTS +3.3pp |
| Stage | CTS | PLPC | Gap · A − B |
|---|---|---|---|
| Revenue | $150M100.00% | $210M100.00% | PLPC ×1.40 |
| Gross profit | 42.22%$63M | 33.41%$70M | CTS +8.8pp |
| Operating income | 17.07%$26M | 11.88%$25M | CTS +5.2pp |
| Pre-tax income | 25.55%$38M | 12.20%$26M | CTS +13.4pp |
| Net income |
| 11.87%$18M |
| 8.60%$18M |
| CTS +3.3pp |