Bullish risk profile
49 Elevated one input has moved against it
Measured 1 September 2026 from BLSH's filed statements. Recomputed nightly.
49 (Elevated), driven by Cash conversion at 82, over 4 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 77 | Stretched | Volatile | One-year price volatility — 78.3% |
| Operating pressure | Reads cost_of_revenue, operating_expense, operating_income and revenue. No reading is stored for this company. | |||
| Cash conversion | 82 | Acute | Easing | Capital spending against operating cash — 1.81x |
| Leverage and coverage | 80 | Acute | Worsening | Net debt to EBITDA |
| Competitive position | 37 | Normal | Stable | Operating-margin gap against peers — -6.8 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.