Prologue risk profile
62 Stretched several inputs deteriorating together
Measured 1 September 2026 from ALPRG's filed statements. Recomputed nightly.
62 (Stretched), driven by Cash conversion at 100, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 46 | Elevated | Stable | One-year price volatility — 41.1% |
| Operating pressure | 55 | Elevated | Worsening | Costs outgrowing revenue — +4.9 percentage points |
| Cash conversion | 100 | Acute | Worsening | Capital spending against operating cash — -0.10x |
| Leverage and coverage | 4 | Contained | Easing | Current ratio — 3.03x |
| Competitive position | 64 | Stretched | Stable | Revenue-growth gap against peers — -45.9 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.