| Stage | TWIN | % of rev | GRC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $89M | 100.00% | $193M | 100.00% | GRC ×2.18 |
| Gross profit | $25M | 28.65% | $65M | 33.39% | GRC +4.7pp |
| Operating income | $5M | 5.16% | $34M | 17.54% | GRC +12.4pp |
| Pre-tax income | $4M | 4.40% | $30M | 15.44% | GRC +11.0pp |
| Net income | $3M | 3.93% | $23M | 11.75% | GRC +7.8pp |
| Stage | TWIN | GRC | Gap · A − B |
|---|---|---|---|
| Revenue | $89M100.00% | $193M100.00% | GRC ×2.18 |
| Gross profit | 28.65%$25M | 33.39%$65M | GRC +4.7pp |
| Operating income | 5.16%$5M | 17.54%$34M | GRC +12.4pp |
| Pre-tax income | 4.40%$4M | 15.44%$30M | GRC +11.0pp |
| Net income |
| 3.93%$3M |
| 11.75%$23M |
| GRC +7.8pp |
No disclosed counterparties: TWIN, GRC.