| Stage | SAFE | % of rev | AEBI | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $115M | 100.00% | $496M | 100.00% | AEBI ×4.33 |
| Gross profit | $114M | 99.09% | $97M | 19.60% | SAFE +79.5pp |
| Operating income | $28M | 24.65% | $27M | 5.45% | SAFE +19.2pp |
| Pre-tax income | $32M | 28.01% | $15M | 3.09% | SAFE +24.9pp |
| Net income | $31M | 26.80% | $10M | 2.11% | SAFE +24.7pp |
| Stage | SAFE | AEBI | Gap · A − B |
|---|---|---|---|
| Revenue | $115M100.00% | $496M100.00% | AEBI ×4.33 |
| Gross profit | 99.09%$114M | 19.60%$97M | SAFE +79.5pp |
| Operating income | 24.65%$28M | 5.45%$27M | SAFE +19.2pp |
| Pre-tax income | 28.01%$32M | 3.09%$15M | SAFE +24.9pp |
| Net income | 26.80%$31M | 2.11%$10M | SAFE +24.7pp |
No shared counterparties.