| Stage | GCO | % of rev | BOOT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $530M | 100.00% | $582M | 100.00% | BOOT ×1.10 |
| Gross profit | $272M | 51.36% | $216M | 37.21% | GCO +14.1pp |
| Operating income | $4M | 0.68% | $70M | 12.07% | BOOT +11.4pp |
| Pre-tax income | $3M | 0.64% | $71M | 12.16% | BOOT +11.5pp |
| Net income | $3M | 0.66% | $52M | 9.02% | BOOT +8.4pp |
| Stage | GCO | BOOT | Gap · A − B |
|---|---|---|---|
| Revenue | $530M100.00% | $582M100.00% | BOOT ×1.10 |
| Gross profit | 51.36%$272M | 37.21%$216M | GCO +14.1pp |
| Operating income | 0.68%$4M | 12.07%$70M | BOOT +11.4pp |
| Pre-tax income | 0.64%$3M | 12.16%$71M | BOOT +11.5pp |
| Net income |
| 0.66%$3M |
| 9.02%$52M |
| BOOT +8.4pp |