| Stage | DVA | % of rev | SIRI | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.6B | 100.00% | $2.2B | 100.00% | DVA ×1.66 |
| Gross profit | $1.1B | 31.50% | $1.1B | 52.30% | SIRI +20.8pp |
| Operating income | $499M | 13.95% | $479M | 22.25% | SIRI +8.3pp |
| Pre-tax income | $359M | 10.02% | $416M | 19.32% | SIRI +9.3pp |
| Net income | $269M | 7.53% | $317M | 14.72% | SIRI +7.2pp |
| Stage | DVA | SIRI | Gap · A − B |
|---|---|---|---|
| Revenue | $3.6B100.00% | $2.2B100.00% | DVA ×1.66 |
| Gross profit | 31.50%$1.1B | 52.30%$1.1B | SIRI +20.8pp |
| Operating income | 13.95%$499M | 22.25%$479M | SIRI +8.3pp |
| Pre-tax income | 10.02%$359M | 19.32%$416M | SIRI +9.3pp |
| Net income |
| 7.53%$269M |
| 14.72%$317M |
| SIRI +7.2pp |
No shared counterparties.