ADVENTURE risk profile
46 Elevated one input has moved against it
Measured 1 September 2026 from ADV.MI's filed statements. Recomputed nightly.
46 (Elevated), driven by Cash conversion at 100, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 50 | Elevated | Volatile | One-year price volatility — 83.1% |
| Operating pressure | 76 | Stretched | Worsening | Costs outgrowing revenue — +13.2 percentage points |
| Cash conversion | 100 | Acute | Stable | Capital spending against operating cash — -1.45x |
| Leverage and coverage | 43 | Elevated | Worsening | Net debt to EBITDA — 3.16x |
| Competitive position | 31 | Normal | Stable | Operating-margin gap against peers — -2.4 percentage points |
| Concentration | Reads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company. | |||
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.