| Stage | TREE | % of rev | FIGR | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $313M | 100.00% | $226M | 100.00% | TREE ×1.39 |
| Gross profit | $302M | 96.40% | $197M | 87.18% | TREE +9.2pp |
| Operating income | $22M | 6.95% | $78M | 34.46% | FIGR +27.5pp |
| Pre-tax income | $14M | 4.51% | $83M | 36.79% | FIGR +32.3pp |
| Net income | $10M | 3.05% | $87M | 38.76% | FIGR +35.7pp |
| Stage | TREE | FIGR | Gap · A − B |
|---|---|---|---|
| Revenue | $313M100.00% | $226M100.00% | TREE ×1.39 |
| Gross profit | 96.40%$302M | 87.18%$197M | TREE +9.2pp |
| Operating income | 6.95%$22M | 34.46%$78M | FIGR +27.5pp |
| Pre-tax income | 4.51%$14M | 36.79%$83M | FIGR +32.3pp |
| Net income |
| 3.05%$10M |
| 38.76%$87M |
| FIGR +35.7pp |
No shared counterparties.