| Stage | PHR | % of rev | CARS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $129M | 100.00% | $180M | 100.00% | CARS ×1.39 |
| Gross profit | $110M | 85.11% | $180M | 100.00% | CARS +14.9pp |
| Operating income | $8M | 5.88% | $28M | 15.49% | CARS +9.6pp |
| Pre-tax income | $3M | 2.50% | $20M | 10.85% | CARS +8.3pp |
| Net income | $2M | 1.48% | $14M | 7.93% | CARS +6.4pp |
| Stage | PHR | CARS | Gap · A − B |
|---|---|---|---|
| Revenue | $129M100.00% | $180M100.00% | CARS ×1.39 |
| Gross profit | 85.11%$110M | 100.00%$180M | CARS +14.9pp |
| Operating income | 5.88%$8M | 15.49%$28M | CARS +9.6pp |
| Pre-tax income | 2.50%$3M | 10.85%$20M | CARS +8.3pp |
| Net income |
| 1.48%$2M |
| 7.93%$14M |
| CARS +6.4pp |
No disclosed counterparties: CARS.
None