| Stage | MMS | % of rev | WTM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.3B | 100.00% | $850M | 100.00% | MMS ×1.51 |
| Gross profit | $349M | 27.27% | $594M | 69.90% | WTM +42.6pp |
| Operating income | $161M | 12.62% | $281M | 33.01% | WTM +20.4pp |
| Pre-tax income | $138M | 10.80% | $256M | 30.13% | WTM +19.3pp |
| Net income | $104M | 8.10% | $231M | 27.21% | WTM +19.1pp |
| Stage | MMS | WTM | Gap · A − B |
|---|---|---|---|
| Revenue | $1.3B100.00% | $850M100.00% | MMS ×1.51 |
| Gross profit | 27.27%$349M | 69.90%$594M | WTM +42.6pp |
| Operating income | 12.62%$161M | 33.01%$281M | WTM +20.4pp |
| Pre-tax income | 10.80%$138M | 30.13%$256M | WTM +19.3pp |
| Net income |
| 8.10%$104M |
| 27.21%$231M |
| WTM +19.1pp |
No shared counterparties.