| Stage | FTLF | % of rev | CVEO | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $27M | 100.00% | $193M | 100.00% | CVEO ×7.27 |
| Gross profit | $10M | 36.95% | $46M | 23.97% | FTLF +13.0pp |
| Operating income | $3M | 12.64% | $13M | 6.89% | FTLF +5.7pp |
| Pre-tax income | $3M | 10.11% | $9M | 4.69% | FTLF +5.4pp |
| Net income | $2M | 7.34% | $5M | 2.68% | FTLF +4.7pp |
| Stage | FTLF | CVEO | Gap · A − B |
|---|---|---|---|
| Revenue | $27M100.00% | $193M100.00% | CVEO ×7.27 |
| Gross profit | 36.95%$10M | 23.97%$46M | FTLF +13.0pp |
| Operating income | 12.64%$3M | 6.89%$13M | FTLF +5.7pp |
| Pre-tax income | 10.11%$3M | 4.69%$9M | FTLF +5.4pp |
| Net income |
| 7.34%$2M |
| 2.68%$5M |
| FTLF +4.7pp |
No disclosed counterparties: CVEO.
None