| Stage | UA | % of rev | ALH | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.1B | 100.00% | $477M | 100.00% | UA ×2.30 |
| Gross profit | $594M | 54.09% | $190M | 39.83% | UA +14.3pp |
| Operating income | $47M | 4.26% | $106M | 22.16% | ALH +17.9pp |
| Pre-tax income | $29M | 2.65% | $88M | 18.42% | ALH +15.8pp |
| Net income | $545,000 | 0.05% | $69M | 14.40% | ALH +14.4pp |
| Stage | UA | ALH | Gap · A − B |
|---|---|---|---|
| Revenue | $1.1B100.00% | $477M100.00% | UA ×2.30 |
| Gross profit | 54.09%$594M | 39.83%$190M | UA +14.3pp |
| Operating income | 4.26%$47M | 22.16%$106M | ALH +17.9pp |
| Pre-tax income | 2.65%$29M | 18.42%$88M | ALH +15.8pp |
| Net income |
| 0.05%$545,000 |
| 14.40%$69M |
| ALH +14.4pp |
No disclosed counterparties: UA, ALH.