| Stage | EPAC | % of rev | FUL | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $186M | 100.00% | $938M | 100.00% | FUL ×5.05 |
| Gross profit | $87M | 47.07% | $312M | 33.22% | EPAC +13.8pp |
| Operating income | $34M | 18.48% | $140M | 14.88% | EPAC +3.6pp |
| Pre-tax income | $31M | 16.76% | $101M | 10.79% | EPAC +6.0pp |
| Net income | $24M | 13.17% | $79M | 8.44% | EPAC +4.7pp |
| Stage | EPAC | FUL | Gap · A − B |
|---|---|---|---|
| Revenue | $186M100.00% | $938M100.00% | FUL ×5.05 |
| Gross profit | 47.07%$87M | 33.22%$312M | EPAC +13.8pp |
| Operating income | 18.48%$34M | 14.88%$140M | EPAC +3.6pp |
| Pre-tax income | 16.76%$31M | 10.79%$101M | EPAC +6.0pp |
| Net income |
| 13.17%$24M |
| 8.44%$79M |
| EPAC +4.7pp |
No disclosed counterparties: EPAC, FUL.