| Stage | MG | % of rev | BBCP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $205M | 100.00% | $117M | 100.00% | MG ×1.75 |
| Gross profit | $62M | 30.32% | $45M | 38.74% | BBCP +8.4pp |
| Operating income | $15M | 7.35% | $15M | 12.92% | BBCP +5.6pp |
| Pre-tax income | $11M | 5.42% | $7M | 5.90% | BBCP +0.5pp |
| Net income | $7M | 3.38% | $5M | 4.22% | BBCP +0.8pp |
| Stage | MG | BBCP | Gap · A − B |
|---|---|---|---|
| Revenue | $205M100.00% | $117M100.00% | MG ×1.75 |
| Gross profit | 30.32%$62M | 38.74%$45M | BBCP +8.4pp |
| Operating income | 7.35%$15M | 12.92%$15M | BBCP +5.6pp |
| Pre-tax income | 5.42%$11M | 5.90%$7M | BBCP +0.5pp |
| Net income |
| 3.38%$7M |
| 4.22%$5M |
| BBCP +0.8pp |
None
No disclosed counterparties: MG.