| Stage | WOR | % of rev | IIIN | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $344M | 100.00% | $209M | 100.00% | WOR ×1.64 |
| Gross profit | $91M | 26.43% | $21M | 10.05% | WOR +16.4pp |
| Operating income | $13M | 3.79% | $10M | 4.75% | IIIN +1.0pp |
| Pre-tax income | $56M | 16.17% | $10M | 4.87% | WOR +11.3pp |
| Net income | $43M | 12.38% | $8M | 3.69% | WOR +8.7pp |
| Stage | WOR | IIIN | Gap · A − B |
|---|---|---|---|
| Revenue | $344M100.00% | $209M100.00% | WOR ×1.64 |
| Gross profit | 26.43%$91M | 10.05%$21M | WOR +16.4pp |
| Operating income | 3.79%$13M | 4.75%$10M | IIIN +1.0pp |
| Pre-tax income | 16.17%$56M | 4.87%$10M | WOR +11.3pp |
| Net income |
| 12.38%$43M |
| 3.69%$8M |
| WOR +8.7pp |
No disclosed counterparties: WOR, IIIN.