| Stage | CTVA | % of rev | VFF | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $6.4B | 100.00% | $64M | 100.00% | CTVA ×99.71 |
| Gross profit | $3.7B | 57.39% | $30M | 46.85% | CTVA +10.5pp |
| Operating income | $1.8B | 28.01% | $11M | 17.45% | CTVA +10.6pp |
| Pre-tax income | $1.6B | 25.47% | $10M | 16.34% | CTVA +9.1pp |
| Net income | $1.2B | 18.26% | $7M | 11.24% | CTVA +7.0pp |
| Stage | CTVA | VFF | Gap · A − B |
|---|---|---|---|
| Revenue | $6.4B100.00% | $64M100.00% | CTVA ×99.71 |
| Gross profit | 57.39%$3.7B | 46.85%$30M | CTVA +10.5pp |
| Operating income | 28.01%$1.8B | 17.45%$11M | CTVA +10.6pp |
| Pre-tax income | 25.47%$1.6B | 16.34%$10M | CTVA +9.1pp |
| Net income |
| 18.26%$1.2B |
| 11.24%$7M |
| CTVA +7.0pp |