| Stage | PAYX | % of rev | OLED | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.6B | 100.00% | $160M | 100.00% | PAYX ×10.16 |
| Gross profit | $1.2B | 73.62% | $117M | 73.15% | PAYX +0.5pp |
| Operating income | $619M | 37.98% | $54M | 33.48% | PAYX +4.5pp |
| Pre-tax income | $565M | 34.65% | $99M | 61.81% | OLED +27.2pp |
| Net income | $430M | 26.35% | $79M | 49.21% | OLED +22.9pp |
| Stage | PAYX | OLED | Gap · A − B |
|---|---|---|---|
| Revenue | $1.6B100.00% | $160M100.00% | PAYX ×10.16 |
| Gross profit | 73.62%$1.2B | 73.15%$117M | PAYX +0.5pp |
| Operating income | 37.98%$619M | 33.48%$54M | PAYX +4.5pp |
| Pre-tax income | 34.65%$565M | 61.81%$99M | OLED +27.2pp |
| Net income |
| 26.35%$430M |
| 49.21%$79M |
| OLED +22.9pp |
None
No disclosed counterparties: PAYX.