| Stage | VFF | % of rev | CTVA | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $64M | 100.00% | $6.4B | 100.00% | CTVA ×99.71 |
| Gross profit | $30M | 46.85% | $3.7B | 57.39% | CTVA +10.5pp |
| Operating income | $11M | 17.45% | $1.8B | 28.01% | CTVA +10.6pp |
| Pre-tax income | $10M | 16.34% | $1.6B | 25.47% | CTVA +9.1pp |
| Net income | $7M | 11.24% | $1.2B | 18.26% | CTVA +7.0pp |
| Stage | VFF | CTVA | Gap · A − B |
|---|---|---|---|
| Revenue | $64M100.00% | $6.4B100.00% | CTVA ×99.71 |
| Gross profit | 46.85%$30M | 57.39%$3.7B | CTVA +10.5pp |
| Operating income | 17.45%$11M | 28.01%$1.8B | CTVA +10.6pp |
| Pre-tax income | 16.34%$10M | 25.47%$1.6B | CTVA +9.1pp |
| Net income |
| 11.24%$7M |
| 18.26%$1.2B |
| CTVA +7.0pp |