| Stage | DOCU | % of rev | UI | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $876M | 100.00% | $937M | 100.00% | UI ×1.07 |
| Gross profit | $698M | 79.69% | $429M | 45.80% | DOCU +33.9pp |
| Operating income | $118M | 13.43% | $340M | 36.27% | UI +22.8pp |
| Pre-tax income | $125M | 14.27% | $343M | 36.60% | UI +22.3pp |
| Net income | $78M | 8.87% | $285M | 30.40% | UI +21.5pp |
| Stage | DOCU | UI | Gap · A − B |
|---|---|---|---|
| Revenue | $876M100.00% | $937M100.00% | UI ×1.07 |
| Gross profit | 79.69%$698M | 45.80%$429M | DOCU +33.9pp |
| Operating income | 13.43%$118M | 36.27%$340M | UI +22.8pp |
| Pre-tax income | 14.27%$125M | 36.60%$343M | UI +22.3pp |
| Net income |
| 8.87%$78M |
| 30.40%$285M |
| UI +21.5pp |
No disclosed counterparties: UI.
None