| Stage | VHI | % of rev | CAAS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $628M | 100.00% | $176M | 100.00% | VHI ×3.56 |
| Gross profit | $142M | 22.56% | $31M | 17.33% | VHI +5.2pp |
| Operating income | $62M | 9.88% | $13M | 7.37% | VHI +2.5pp |
| Pre-tax income | $47M | 7.54% | $15M | 8.56% | CAAS +1.0pp |
| Net income | $36M | 5.66% | $10M | 5.88% | CAAS +0.2pp |
| Stage | VHI | CAAS | Gap · A − B |
|---|---|---|---|
| Revenue | $628M100.00% | $176M100.00% | VHI ×3.56 |
| Gross profit | 22.56%$142M | 17.33%$31M | VHI +5.2pp |
| Operating income | 9.88%$62M | 7.37%$13M | VHI +2.5pp |
| Pre-tax income | 7.54%$47M | 8.56%$15M | CAAS +1.0pp |
| Net income |
| 5.66%$36M |
| 5.88%$10M |
| CAAS +0.2pp |
No shared counterparties.