| Stage | VRA | % of rev | CATO | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $72M | 100.00% | $166M | 100.00% | CATO ×2.31 |
| Gross profit | $43M | 59.76% | $55M | 33.43% | VRA +26.3pp |
| Operating income | $4M | 5.83% | $1M | 0.78% | VRA +5.1pp |
| Pre-tax income | $4M | 6.15% | $1M | 0.78% | VRA +5.4pp |
| Net income | $5M | 6.28% | $1M | 0.69% | VRA +5.6pp |
| Stage | VRA | CATO | Gap · A − B |
|---|---|---|---|
| Revenue | $72M100.00% | $166M100.00% | CATO ×2.31 |
| Gross profit | 59.76%$43M | 33.43%$55M | VRA +26.3pp |
| Operating income | 5.83%$4M | 0.78%$1M | VRA +5.1pp |
| Pre-tax income | 6.15%$4M | 0.78%$1M | VRA +5.4pp |
| Net income |
| 6.28%$5M |
| 0.69%$1M |
| VRA +5.6pp |
No disclosed counterparties: CATO.
None