| Stage | GPK | % of rev | FLO | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.2B | 100.00% | $1.2B | 100.00% | GPK ×1.83 |
| Gross profit | $292M | 13.35% | $578M | 48.45% | FLO +35.1pp |
| Operating income | $95M | 4.34% | $68M | 5.71% | FLO +1.4pp |
| Pre-tax income | $26M | 1.19% | $54M | 4.55% | FLO +3.4pp |
| Net income | $24M | 1.10% | $41M | 3.41% | FLO +2.3pp |
| Stage | GPK | FLO | Gap · A − B |
|---|---|---|---|
| Revenue | $2.2B100.00% | $1.2B100.00% | GPK ×1.83 |
| Gross profit | 13.35%$292M | 48.45%$578M | FLO +35.1pp |
| Operating income | 4.34%$95M | 5.71%$68M | FLO +1.4pp |
| Pre-tax income | 1.19%$26M | 4.55%$54M | FLO +3.4pp |
| Net income |
| 1.10%$24M |
| 3.41%$41M |
| FLO +2.3pp |
No shared counterparties.