| Stage | TWIN | % of rev | ALNT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $114M | 100.00% | $154M | 100.00% | ALNT ×1.34 |
| Gross profit | $30M | 26.34% | $54M | 34.85% | ALNT +8.5pp |
| Operating income | $8M | 6.83% | $16M | 10.15% | ALNT +3.3pp |
| Pre-tax income | $7M | 6.06% | $13M | 8.47% | ALNT +2.4pp |
| Net income | $2M | 1.70% | $10M | 6.76% | ALNT +5.1pp |
| Stage | TWIN | ALNT | Gap · A − B |
|---|---|---|---|
| Revenue | $114M100.00% | $154M100.00% | ALNT ×1.34 |
| Gross profit | 26.34%$30M | 34.85%$54M | ALNT +8.5pp |
| Operating income | 6.83%$8M | 10.15%$16M | ALNT +3.3pp |
| Pre-tax income | 6.06%$7M | 8.47%$13M | ALNT +2.4pp |
| Net income |
| 1.70%$2M |
| 6.76%$10M |
| ALNT +5.1pp |
No disclosed counterparties: TWIN, ALNT.