| Stage | JBI | % of rev | WTM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $234M | 100.00% | $850M | 100.00% | WTM ×3.64 |
| Gross profit | $80M | 34.39% | $594M | 69.90% | WTM +35.5pp |
| Operating income | $21M | 8.82% | $281M | 33.01% | WTM +24.2pp |
| Pre-tax income | $13M | 5.61% | $256M | 30.13% | WTM +24.5pp |
| Net income | $11M | 4.58% | $231M | 27.21% | WTM +22.6pp |
| Stage | JBI | WTM | Gap · A − B |
|---|---|---|---|
| Revenue | $234M100.00% | $850M100.00% | WTM ×3.64 |
| Gross profit | 34.39%$80M | 69.90%$594M | WTM +35.5pp |
| Operating income | 8.82%$21M | 33.01%$281M | WTM +24.2pp |
| Pre-tax income | 5.61%$13M | 30.13%$256M | WTM +24.5pp |
| Net income |
| 4.58%$11M |
| 27.21%$231M |
| WTM +22.6pp |
None
No disclosed counterparties: JBI.