| Stage | GSM | % of rev | WW | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $175M | 100.00% | $162M | 100.00% | GSM ×1.08 |
| Gross profit | $26M | 15.09% | $114M | 70.32% | WW +55.2pp |
| Operating income | $11M | 6.19% | $9M | 5.84% | GSM +0.4pp |
| Pre-tax income | $10M | 5.51% | $3M | 1.80% | GSM +3.7pp |
| Net income | $6M | 3.27% | $14M | 8.67% | WW +5.4pp |
| Stage | GSM | WW | Gap · A − B |
|---|---|---|---|
| Revenue | $175M100.00% | $162M100.00% | GSM ×1.08 |
| Gross profit | 15.09%$26M | 70.32%$114M | WW +55.2pp |
| Operating income | 6.19%$11M | 5.84%$9M | GSM +0.4pp |
| Pre-tax income | 5.51%$10M | 1.80%$3M | GSM +3.7pp |
| Net income |
| 3.27%$6M |
| 8.67%$14M |
| WW +5.4pp |
No disclosed counterparties: WW.
None