| Stage | LAUR | % of rev | BOXL | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $485M | 100.00% | $26M | 100.00% | LAUR ×18.72 |
| Gross profit | $132M | 27.15% | $13M | 49.83% | BOXL +22.7pp |
| Operating income | $119M | 24.56% | $1M | 4.00% | LAUR +20.6pp |
| Pre-tax income | $121M | 24.99% | $246,000 | 0.95% | LAUR +24.0pp |
| Net income | $101M | 20.87% | $509,000 | 1.96% | LAUR +18.9pp |
| Stage | LAUR | BOXL | Gap · A − B |
|---|---|---|---|
| Revenue | $485M100.00% | $26M100.00% | LAUR ×18.72 |
| Gross profit | 27.15%$132M | 49.83%$13M | BOXL +22.7pp |
| Operating income | 24.56%$119M | 4.00%$1M | LAUR +20.6pp |
| Pre-tax income | 24.99%$121M | 0.95%$246,000 | LAUR +24.0pp |
| Net income |
| 20.87%$101M |
| 1.96%$509,000 |
| LAUR +18.9pp |
No disclosed counterparties: LAUR, BOXL.