| Stage | KGS | % of rev | LTH | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $391M | 100.00% | $894M | 100.00% | LTH ×2.28 |
| Gross profit | $247M | 63.09% | $419M | 46.89% | KGS +16.2pp |
| Operating income | $124M | 31.76% | $158M | 17.68% | KGS +14.1pp |
| Pre-tax income | $73M | 18.72% | $144M | 16.10% | KGS +2.6pp |
| Net income | $52M | 13.33% | $106M | 11.92% | KGS +1.4pp |
| Stage | KGS | LTH | Gap · A − B |
|---|---|---|---|
| Revenue | $391M100.00% | $894M100.00% | LTH ×2.28 |
| Gross profit | 63.09%$247M | 46.89%$419M | KGS +16.2pp |
| Operating income | 31.76%$124M | 17.68%$158M | KGS +14.1pp |
| Pre-tax income | 18.72%$73M | 16.10%$144M | KGS +2.6pp |
| Net income |
| 13.33%$52M |
| 11.92%$106M |
| KGS +1.4pp |
None
No disclosed counterparties: KGS.