| Stage | MG | % of rev | NGS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $193M | 100.00% | $51M | 100.00% | MG ×3.76 |
| Gross profit | $56M | 29.23% | $31M | 59.94% | NGS +30.7pp |
| Operating income | $13M | 6.70% | $10M | 19.30% | NGS +12.6pp |
| Pre-tax income | $10M | 5.09% | $6M | 10.79% | NGS +5.7pp |
| Net income | $8M | 3.91% | $4M | 7.45% | NGS +3.5pp |
| Stage | MG | NGS | Gap · A − B |
|---|---|---|---|
| Revenue | $193M100.00% | $51M100.00% | MG ×3.76 |
| Gross profit | 29.23%$56M | 59.94%$31M | NGS +30.7pp |
| Operating income | 6.70%$13M | 19.30%$10M | NGS +12.6pp |
| Pre-tax income | 5.09%$10M | 10.79%$6M | NGS +5.7pp |
| Net income |
| 3.91%$8M |
| 7.45%$4M |
| NGS +3.5pp |
None
No disclosed counterparties: MG.