| Stage | PRVA | % of rev | PIII | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $657M | 100.00% | $386M | 100.00% | PRVA ×1.70 |
| Gross profit | $587M | 89.40% | $386M | 100.00% | PIII +10.6pp |
| Operating income | $21M | 3.13% | $41M | 10.67% | PIII +7.5pp |
| Pre-tax income | $22M | 3.39% | $17M | 4.38% | PIII +1.0pp |
| Net income | $15M | 2.22% | $16M | 4.05% | PIII +1.8pp |
| Stage | PRVA | PIII | Gap · A − B |
|---|---|---|---|
| Revenue | $657M100.00% | $386M100.00% | PRVA ×1.70 |
| Gross profit | 89.40%$587M | 100.00%$386M | PIII +10.6pp |
| Operating income | 3.13%$21M | 10.67%$41M | PIII +7.5pp |
| Pre-tax income | 3.39%$22M | 4.38%$17M | PIII +1.0pp |
| Net income |
| 2.22%$15M |
| 4.05%$16M |
| PIII +1.8pp |