| Stage | INNV | % of rev | TMS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $265M | 100.00% | $149M | 100.00% | INNV ×1.78 |
| Gross profit | $179M | 67.71% | $61M | 41.31% | INNV +26.4pp |
| Operating income | $20M | 7.61% | $3M | 2.02% | INNV +5.6pp |
| Pre-tax income | $20M | 7.57% | $10M | 6.81% | INNV +0.8pp |
| Net income | $21M | 7.89% | $10M | 6.41% | INNV +1.5pp |
| Stage | INNV | TMS | Gap · A − B |
|---|---|---|---|
| Revenue | $265M100.00% | $149M100.00% | INNV ×1.78 |
| Gross profit | 67.71%$179M | 41.31%$61M | INNV +26.4pp |
| Operating income | 7.61%$20M | 2.02%$3M | INNV +5.6pp |
| Pre-tax income | 7.57%$20M | 6.81%$10M | INNV +0.8pp |
| Net income |
| 7.89%$21M |
| 6.41%$10M |
| INNV +1.5pp |
No disclosed counterparties: TMS.
None