| Stage | MDU | % of rev | AIN | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $375M | 100.00% | $350M | 100.00% | MDU ×1.07 |
| Gross profit | $243M | 64.77% | $140M | 40.16% | MDU +24.6pp |
| Operating income | $48M | 12.78% | $59M | 16.99% | AIN +4.2pp |
| Pre-tax income | $23M | 6.03% | $56M | 15.96% | AIN +9.9pp |
| Net income | $21M | 5.66% | $42M | 11.98% | AIN +6.3pp |
| Stage | MDU | AIN | Gap · A − B |
|---|---|---|---|
| Revenue | $375M100.00% | $350M100.00% | MDU ×1.07 |
| Gross profit | 64.77%$243M | 40.16%$140M | MDU +24.6pp |
| Operating income | 12.78%$48M | 16.99%$59M | AIN +4.2pp |
| Pre-tax income | 6.03%$23M | 15.96%$56M | AIN +9.9pp |
| Net income |
| 5.66%$21M |
| 11.98%$42M |
| AIN +6.3pp |
No shared counterparties.