| Stage | WH | % of rev | WING | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $410M | 100.00% | $185M | 100.00% | WH ×2.21 |
| Gross profit | $253M | 61.71% | $158M | 85.30% | WING +23.6pp |
| Operating income | $172M | 41.95% | $51M | 27.38% | WH +14.6pp |
| Pre-tax income | $135M | 32.93% | $40M | 21.62% | WH +11.3pp |
| Net income | $99M | 24.15% | $29M | 15.72% | WH +8.4pp |
| Stage | WH | WING | Gap · A − B |
|---|---|---|---|
| Revenue | $410M100.00% | $185M100.00% | WH ×2.21 |
| Gross profit | 61.71%$253M | 85.30%$158M | WING +23.6pp |
| Operating income | 41.95%$172M | 27.38%$51M | WH +14.6pp |
| Pre-tax income | 32.93%$135M | 21.62%$40M | WH +11.3pp |
| Net income |
| 24.15%$99M |
| 15.72%$29M |
| WH +8.4pp |
No shared counterparties.