| Stage | PIII | % of rev | PRVA | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $386M | 100.00% | $633M | 100.00% | PRVA ×1.64 |
| Gross profit | $386M | 100.00% | $563M | 89.04% | PIII +11.0pp |
| Operating income | $41M | 10.67% | $12M | 1.86% | PIII +8.8pp |
| Pre-tax income | $17M | 4.38% | $17M | 2.65% | PIII +1.7pp |
| Net income | $16M | 4.05% | $10M | 1.54% | PIII +2.5pp |
| Stage | PIII | PRVA | Gap · A − B |
|---|---|---|---|
| Revenue | $386M100.00% | $633M100.00% | PRVA ×1.64 |
| Gross profit | 100.00%$386M | 89.04%$563M | PIII +11.0pp |
| Operating income | 10.67%$41M | 1.86%$12M | PIII +8.8pp |
| Pre-tax income | 4.38%$17M | 2.65%$17M | PIII +1.7pp |
| Net income |
| 4.05%$16M |
| 1.54%$10M |
| PIII +2.5pp |