01
Connected to operations
Trace external variables through suppliers, bills of materials, facilities, products and contracts—not isolated market tickers.
Operating risk intelligence
Know what can move your margins—
Basis gives CFOs a forward-looking view of how commodities, currencies, energy, freight, weather, policy and discrete events can affect margin, EBITDA and cash flow—then maps each risk to conventional hedges, event contracts and operating responses.
Built for finance leaders in the real economy.
Portfolio analytics
Operating Risk Overview
EBITDA at risk
$4.7M↑ 12% vs. prior periodMaterial exposures
6Across market and event risksActions requiring review
3Next review · FridayMargin risk range
Six-month outlookNowAugSepOctNovDec
ExposureTypeExposure at riskDownside scenarioStatus
CopperMarket$18.4M−$2.1M EBITDAReview
EUR / USDMarket$12.2M−$860K cash flowMonitored
Industrial powerMarket$9.6M−$1.3M EBITDAElevated
Import tariff eventEvent$6.4M−$1.1M EBITDAMatch found
Port disruption before Q4Event$4.2M−$730K cash flowReview
Illustrative data only · Not representative of any company
CommodityForeign exchangePowerFreightWeatherRatesTariffs & policyEvent contracts
A connected operating-risk system
External volatility becomes manageable when it is connected to how the business actually operates.
Basis brings operating plans and external conditions into one model so leadership can see the exposure, understand the financial consequence and evaluate the response.
02
Financially quantified
Translate each exposure into expected and stressed effects on margin, EBITDA, cash flow and runway.
03
Broader hedge universe
Compare futures, options and supplier contracts alongside event markets, insurance, pricing and operational responses.
1.0
Map the exposure
See where risk enters—and where it lands.
Connect market factors to suppliers, bills of materials, facilities and products, then follow the path through to the financial statement.
External factors
Connected to purchasing plans, bills of materials and supplier contracts
Trace selected exposure
Copper exposure path
01Copper cathode
02Motor supplier
03Drive systems
04Gross margin
Forecast spend
$18.4MDownside impact
−$2.1MEBITDA · 6MBasis insight
42% of forecast copper spend is unprotected beyond Q3.2.0
Quantify the impact
Turn volatility into a financial range—and see what may move it next.
Basis combines scenario analysis with an AI intelligence layer that forecasts volatility and surfaces upcoming events, announcements and news signals relevant to each exposure.
Copper+14%
Power+12%
EUR / USD−5%
Customer demand−2%
Gross margin outlook
16.9%
Financial impact
EBITDA impact−$4.7M
Cash-flow impact−$3.1M
Confidence range± $0.9M
Copper and power account for 72% of modeled downside.
Basis intelligence
What may move this exposure next
Six-month volatility outlook
24%Forecast volatilityElevated regime
- Trailing volatility
- 17%
- Expected range
- $4.12–$5.08 / lb
- Model confidence
- 78%
Events on the horizon
Refreshed Today · 8:42 AMEvent
Illustrative Chilean mine labor milestone
Labor calendar · Supply risk
Announcement
Illustrative China industrial-production release
Government calendar · Demand signal
News signal
Illustrative smelter treatment-charge pressure signal
Industry reporting · Tightness watch
AI synthesis
Copper volatility is expected to remain above its trailing range as supply announcements and industrial-demand data converge inside the company’s uncovered purchasing window.Illustrative forecasts and signals only. Dates, ranges and source labels demonstrate the intended intelligence workflow and are not live market information.
3.0
Find the instrument
Hedge risks that do not have a standard futures contract.
Basis searches conventional markets and event-contract venues such as Kalshi and Polymarket, then scores each candidate on payout fit, timing, liquidity, resolution terms and basis risk.
Operating-event risks
All risk values are illustrative.
Selected operating risk
25% tariff on imported components
Estimated probability 38%Exposure window Q3–Q4 2026
KalshiDirect event hedge
Illustrative contract
Will a new 25% tariff on covered imports take effect before October 1?
36¢36% implied probability
- Expiry
- October 1, 2026
- Resolution
- U.S. government publication
- Liquidity
- Moderate
- Payout
- $1.00 if Yes
PolymarketProxy event hedge
Illustrative contract
Will the announced tariff package take effect before Q4?
41¢41% implied probability
- Expiry
- September 30, 2026
- Resolution
- Published government action
- Liquidity
- Higher
- Payout
- $1.00 if Yes
Illustrative contracts and market data only. Basis identifies and evaluates potential risk responses; it does not execute trades or provide legal, tax or investment advice.
4.0
Compare the response
Choose the action with the clearest trade-off.
Evaluate financial hedges and event contracts alongside supplier, pricing and operational changes using a common view of cost, coverage, timing and basis risk.
Available responses
Selected response
Copper futures hedge
Layered futures reduce near-term price exposure while preserving participation below the strike range.
Exposure covered68%
Estimated cost$210K
Time to implement2 weeks
Basis riskMedium
Estimated downside offset$1.42M
Trading workflow
Review, approve and route the selected hedge from Basis. Basis does not currently execute orders.5.0
Track performance
Measure what each hedge contributed when risk moved.
Monitor realized and unrealized P&L, downside offset, costs, basis slippage and hedge effectiveness across the portfolio.
Net hedge P&L+$418K6M illustrative result
Realized P&L+$176K
Unrealized P&L+$242K
Hedge costs$128K
Modeled downside offset$1.06M
Hedge positions
Portfolio performance
Loss and hedge offset
Operating lossHedge offset
Gross operating loss−$1.49M
Modeled downside offset$1.06M
Position impact · Copper futures
Layered copper futures offset most of the modeled raw-material increase, with residual exposure driven by grade differentials and purchases beyond the hedge horizon.Illustrative portfolio and P&L only. Results are not representative of any company, executed trade or guaranteed hedge performance.
Beyond business intelligence
Dashboards describe the business. Basis helps decide what comes next.
Basis explains what changed, where the exposure comes from, how it could affect performance and which actions management should evaluate.
01
Identify
Find material forward-looking exposure.
02
Interpret
Connect it to financial performance.
03
Act
Compare responses and trade-offs.
Use cases
Built for businesses exposed to the real economy.
For companies where external variables flow directly into products, facilities, suppliers and margins.
Manufacturing
Materials · energy · supply disruption
Distribution
Fuel · freight · weather · labor events
Retail & importing
FX · tariffs · policy events
Infrastructure
Power · rates · utilization · permitting
One management view
Finance leads the decision. Every team sees its part of the response.
Basis gives the CFO a single financial view while keeping the operational context needed to act.
Finance
Own the financial view
Treasury
Evaluate financial protection
Procurement
Change commercial exposure
Operations
Adapt the operating plan
Design partners
Build a clearer view of operating risk.
Basis is working with a small group of companies that want to understand their operating exposures and develop a more systematic way to manage them.
Design partners can receive
✓A tailored operating-risk assessment
✓A historical exposure and volatility review
✓A three- and six-month risk forecast
✓Event-risk and hedge-market mapping
✓Scenario, hedge-fit and risk-response analysis
✓Direct input into the Basis product roadmap