| Stage | VNT | % of rev | CMC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $757M | 100.00% | $2.7B | 100.00% | CMC ×3.51 |
| Gross profit | $365M | 48.24% | $502M | 18.87% | VNT +29.4pp |
| Operating income | $147M | 19.39% | $205M | 7.70% | VNT +11.7pp |
| Pre-tax income | $44M | 5.79% | $229M | 8.63% | CMC +2.8pp |
| Net income | $27M | 3.62% | $213M | 7.99% | CMC +4.4pp |
| Stage | VNT | CMC | Gap · A − B |
|---|---|---|---|
| Revenue | $757M100.00% | $2.7B100.00% | CMC ×3.51 |
| Gross profit | 48.24%$365M | 18.87%$502M | VNT +29.4pp |
| Operating income | 19.39%$147M | 7.70%$205M | VNT +11.7pp |
| Pre-tax income | 5.79%$44M | 8.63%$229M | CMC +2.8pp |
| Net income |
| 3.62%$27M |
| 7.99%$213M |
| CMC +4.4pp |
No shared counterparties.