| Stage | SND | % of rev | FRD | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $115M | 100.00% | $240M | 100.00% | FRD ×2.09 |
| Gross profit | $20M | 17.23% | $42M | 17.64% | FRD +0.4pp |
| Operating income | $10M | 8.74% | $21M | 8.77% | 0.0pp |
| Pre-tax income | $10M | 8.88% | $17M | 7.07% | SND +1.8pp |
| Net income | $10M | 8.84% | $13M | 5.33% | SND +3.5pp |
| Stage | SND | FRD | Gap · A − B |
|---|---|---|---|
| Revenue | $115M100.00% | $240M100.00% | FRD ×2.09 |
| Gross profit | 17.23%$20M | 17.64%$42M | FRD +0.4pp |
| Operating income | 8.74%$10M | 8.77%$21M | 0.0pp |
| Pre-tax income | 8.88%$10M | 7.07%$17M | SND +1.8pp |
| Net income |
| 8.84%$10M |
| 5.33%$13M |
| SND +3.5pp |
No shared counterparties.