| Stage | VREX | % of rev | PLOW | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $211M | 100.00% | $215M | 100.00% | PLOW ×1.02 |
| Gross profit | $77M | 36.44% | $67M | 31.12% | VREX +5.3pp |
| Operating income | $23M | 10.83% | $35M | 16.51% | PLOW +5.7pp |
| Pre-tax income | $16M | 7.70% | $34M | 15.71% | PLOW +8.0pp |
| Net income | $16M | 7.55% | $25M | 11.82% | PLOW +4.3pp |
| Stage | VREX | PLOW | Gap · A − B |
|---|---|---|---|
| Revenue | $211M100.00% | $215M100.00% | PLOW ×1.02 |
| Gross profit | 36.44%$77M | 31.12%$67M | VREX +5.3pp |
| Operating income | 10.83%$23M | 16.51%$35M | PLOW +5.7pp |
| Pre-tax income | 7.70%$16M | 15.71%$34M | PLOW +8.0pp |
| Net income |
| 7.55%$16M |
| 11.82%$25M |
| PLOW +4.3pp |
No disclosed counterparties: PLOW.
None