| Stage | LAUR | % of rev | LOPE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $485M | 100.00% | $264M | 100.00% | LAUR ×1.84 |
| Gross profit | $132M | 27.15% | $176M | 66.65% | LOPE +39.5pp |
| Operating income | $119M | 24.56% | $58M | 22.02% | LAUR +2.5pp |
| Pre-tax income | $121M | 24.99% | $61M | 23.05% | LAUR +1.9pp |
| Net income | $101M | 20.87% | $46M | 17.37% | LAUR +3.5pp |
| Stage | LAUR | LOPE | Gap · A − B |
|---|---|---|---|
| Revenue | $485M100.00% | $264M100.00% | LAUR ×1.84 |
| Gross profit | 27.15%$132M | 66.65%$176M | LOPE +39.5pp |
| Operating income | 24.56%$119M | 22.02%$58M | LAUR +2.5pp |
| Pre-tax income | 24.99%$121M | 23.05%$61M | LAUR +1.9pp |
| Net income |
| 20.87%$101M |
| 17.37%$46M |
| LAUR +3.5pp |
None
No disclosed counterparties: LAUR.