| Stage | LZ | % of rev | ADP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $205M | 100.00% | $5.5B | 100.00% | ADP ×26.75 |
| Gross profit | $140M | 68.16% | $2.8B | 50.57% | LZ +17.6pp |
| Operating income | $11M | 5.19% | $1.5B | 26.64% | ADP +21.5pp |
| Pre-tax income | $12M | 5.92% | $1.5B | 26.50% | ADP +20.6pp |
| Net income | $5M | 2.52% | $1.1B | 20.49% | ADP +18.0pp |
| Stage | LZ | ADP | Gap · A − B |
|---|---|---|---|
| Revenue | $205M100.00% | $5.5B100.00% | ADP ×26.75 |
| Gross profit | 68.16%$140M | 50.57%$2.8B | LZ +17.6pp |
| Operating income | 5.19%$11M | 26.64%$1.5B | ADP +21.5pp |
| Pre-tax income | 5.92%$12M | 26.50%$1.5B | ADP +20.6pp |
| Net income |
| 2.52%$5M |
| 20.49%$1.1B |
| ADP +18.0pp |