| Stage | PI | % of rev | VRT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $112M | 100.00% | $4.3B | 100.00% | VRT ×38.48 |
| Gross profit | $59M | 52.75% | $1.6B | 38.11% | PI +14.6pp |
| Operating income | $5M | 4.10% | $984M | 22.81% | VRT +18.7pp |
| Pre-tax income | $5M | 4.21% | $995M | 23.07% | VRT +18.9pp |
| Net income | $5M | 4.17% | $765M | 17.73% | VRT +13.6pp |
| Stage | PI | VRT | Gap · A − B |
|---|---|---|---|
| Revenue | $112M100.00% | $4.3B100.00% | VRT ×38.48 |
| Gross profit | 52.75%$59M | 38.11%$1.6B | PI +14.6pp |
| Operating income | 4.10%$5M | 22.81%$984M | VRT +18.7pp |
| Pre-tax income | 4.21%$5M | 23.07%$995M | VRT +18.9pp |
| Net income |
| 4.17%$5M |
| 17.73%$765M |
| VRT +13.6pp |