| Stage | NRDS | % of rev | PAYS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $197M | 100.00% | $28M | 100.00% | NRDS ×6.98 |
| Gross profit | $184M | 93.21% | $18M | 63.35% | NRDS +29.9pp |
| Operating income | $7M | 3.55% | $7M | 24.82% | PAYS +21.3pp |
| Pre-tax income | $7M | 3.70% | $8M | 27.98% | PAYS +24.3pp |
| Net income | $4M | 2.18% | $7M | 23.92% | PAYS +21.7pp |
| Stage | NRDS | PAYS | Gap · A − B |
|---|---|---|---|
| Revenue | $197M100.00% | $28M100.00% | NRDS ×6.98 |
| Gross profit | 93.21%$184M | 63.35%$18M | NRDS +29.9pp |
| Operating income | 3.55%$7M | 24.82%$7M | PAYS +21.3pp |
| Pre-tax income | 3.70%$7M | 27.98%$8M | PAYS +24.3pp |
| Net income |
| 2.18%$4M |
| 23.92%$7M |
| PAYS +21.7pp |
No disclosed counterparties: NRDS, PAYS.