| Stage | RAMP | % of rev | CPAY | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $214M | 100.00% | $1.4B | 100.00% | CPAY ×6.46 |
| Gross profit | $151M | 70.54% | $1.1B | 78.43% | CPAY +7.9pp |
| Operating income | $20M | 9.42% | $621M | 44.96% | CPAY +35.5pp |
| Pre-tax income | $23M | 10.87% | $502M | 36.35% | CPAY +25.5pp |
| Net income | $18M | 8.19% | $382M | 27.66% | CPAY +19.5pp |
| Stage | RAMP | CPAY | Gap · A − B |
|---|---|---|---|
| Revenue | $214M100.00% | $1.4B100.00% | CPAY ×6.46 |
| Gross profit | 70.54%$151M | 78.43%$1.1B | CPAY +7.9pp |
| Operating income | 9.42%$20M | 44.96%$621M | CPAY +35.5pp |
| Pre-tax income | 10.87%$23M | 36.35%$502M | CPAY +25.5pp |
| Net income |
| 8.19%$18M |
| 27.66%$382M |
| CPAY +19.5pp |
None
No disclosed counterparties: RAMP.