| Stage | KWR | % of rev | VVV | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $533M | 100.00% | $545M | 100.00% | VVV ×1.02 |
| Gross profit | $189M | 35.53% | $215M | 39.46% | VVV +3.9pp |
| Operating income | $41M | 7.62% | $112M | 20.60% | VVV +13.0pp |
| Pre-tax income | $31M | 5.85% | $86M | 15.72% | VVV +9.9pp |
| Net income | $27M | 5.03% | $65M | 11.84% | VVV +6.8pp |
| Stage | KWR | VVV | Gap · A − B |
|---|---|---|---|
| Revenue | $533M100.00% | $545M100.00% | VVV ×1.02 |
| Gross profit | 35.53%$189M | 39.46%$215M | VVV +3.9pp |
| Operating income | 7.62%$41M | 20.60%$112M | VVV +13.0pp |
| Pre-tax income | 5.85%$31M | 15.72%$86M | VVV +9.9pp |
| Net income |
None
No disclosed counterparties: KWR.
| 5.03%$27M |
| 11.84%$65M |
| VVV +6.8pp |