| Stage | LAUR | % of rev | LINC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $485M | 100.00% | $143M | 100.00% | LAUR ×3.40 |
| Gross profit | $132M | 27.15% | $83M | 58.17% | LINC +31.0pp |
| Operating income | $119M | 24.56% | $3M | 2.32% | LAUR +22.2pp |
| Pre-tax income | $121M | 24.99% | $2M | 1.59% | LAUR +23.4pp |
| Net income | $101M | 20.87% | $2M | 1.37% | LAUR +19.5pp |
| Stage | LAUR | LINC | Gap · A − B |
|---|---|---|---|
| Revenue | $485M100.00% | $143M100.00% | LAUR ×3.40 |
| Gross profit | 27.15%$132M | 58.17%$83M | LINC +31.0pp |
| Operating income | 24.56%$119M | 2.32%$3M | LAUR +22.2pp |
| Pre-tax income | 24.99%$121M | 1.59%$2M | LAUR +23.4pp |
| Net income |
| 20.87%$101M |
| 1.37%$2M |
| LAUR +19.5pp |
No disclosed counterparties: LAUR, LINC.