| Stage | FET | % of rev | KRT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $237M | 100.00% | $136M | 100.00% | FET ×1.74 |
| Gross profit | $74M | 31.42% | $77M | 56.61% | KRT +25.2pp |
| Operating income | $20M | 8.43% | $38M | 27.59% | KRT +19.2pp |
| Pre-tax income | $15M | 6.41% | $39M | 28.63% | KRT +22.2pp |
| Net income | $11M | 4.74% | $30M | 21.75% | KRT +17.0pp |
| Stage | FET | KRT | Gap · A − B |
|---|---|---|---|
| Revenue | $237M100.00% | $136M100.00% | FET ×1.74 |
| Gross profit | 31.42%$74M | 56.61%$77M | KRT +25.2pp |
| Operating income | 8.43%$20M | 27.59%$38M | KRT +19.2pp |
| Pre-tax income | 6.41%$15M | 28.63%$39M | KRT +22.2pp |
| Net income |
| 4.74%$11M |
| 21.75%$30M |
| KRT +17.0pp |
None
No disclosed counterparties: FET.