| Stage | KAI | % of rev | GSHD | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $313M | 100.00% | $113M | 100.00% | KAI ×2.76 |
| Gross profit | $137M | 43.79% | $113M | 100.00% | GSHD +56.2pp |
| Operating income | $51M | 16.26% | $27M | 23.45% | GSHD +7.2pp |
| Pre-tax income | $46M | 14.71% | $21M | 18.64% | GSHD +3.9pp |
| Net income | $33M | 10.50% | $17M | 15.00% | GSHD +4.5pp |
| Stage | KAI | GSHD | Gap · A − B |
|---|---|---|---|
| Revenue | $313M100.00% | $113M100.00% | KAI ×2.76 |
| Gross profit | 43.79%$137M | 100.00%$113M | GSHD +56.2pp |
| Operating income | 16.26%$51M | 23.45%$27M | GSHD +7.2pp |
| Pre-tax income | 14.71%$46M | 18.64%$21M | GSHD +3.9pp |
| Net income |
| 10.50%$33M |
| 15.00%$17M |
| GSHD +4.5pp |
None
No disclosed counterparties: KAI.