| Stage | OCC | % of rev | CBOE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $24M | 100.00% | $1.4B | 100.00% | CBOE ×55.92 |
| Gross profit | $9M | 37.43% | $712M | 52.41% | CBOE +15.0pp |
| Operating income | $2M | 8.69% | $534M | 39.32% | CBOE +30.6pp |
| Pre-tax income | $2M | 7.68% | $555M | 40.81% | CBOE +33.1pp |
| Net income | $2M | 7.65% | $428M | 31.51% | CBOE +23.9pp |
| Stage | OCC | CBOE | Gap · A − B |
|---|---|---|---|
| Revenue | $24M100.00% | $1.4B100.00% | CBOE ×55.92 |
| Gross profit | 37.43%$9M | 52.41%$712M | CBOE +15.0pp |
| Operating income | 8.69%$2M | 39.32%$534M | CBOE +30.6pp |
| Pre-tax income | 7.68%$2M | 40.81%$555M | CBOE +33.1pp |
| Net income | 7.65%$2M | 31.51%$428M | CBOE +23.9pp |
No shared counterparties.