| Stage | TLF | % of rev | TPR | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $18M | 100.00% | $1.9B | 100.00% | TPR ×104.00 |
| Gross profit | $12M | 64.81% | $1.6B | 83.32% | TPR +18.5pp |
| Operating income | $543,000 | 3.01% | $442M | 23.57% | TPR +20.6pp |
| Pre-tax income | $622,000 | 3.45% | $429M | 22.85% | TPR +19.4pp |
| Net income | $409,000 | 2.27% | $348M | 18.53% | TPR +16.3pp |
| Stage | TLF | TPR | Gap · A − B |
|---|---|---|---|
| Revenue | $18M100.00% | $1.9B100.00% | TPR ×104.00 |
| Gross profit | 64.81%$12M | 83.32%$1.6B | TPR +18.5pp |
| Operating income | 3.01%$543,000 | 23.57%$442M | TPR +20.6pp |
| Pre-tax income | 3.45%$622,000 | 22.85%$429M | TPR +19.4pp |
| Net income |
| 2.27%$409,000 |
| 18.53%$348M |
| TPR +16.3pp |
None
No disclosed counterparties: TLF.