RuncheyResearch
All Concepts
Signal

Revenue Durability

Is revenue structurally sound or dependent on conditions that could change?

Assessment Spectrum

DURABLE
CONDITIONAL
FRAGILE
ARTIFICIAL
BestWorst
How This Signal Affects Analysis
This signal provides a standardized assessment that makes it easy to compare across different companies. When multiple lenses produce this signal, disagreements surface where the evidence is ambiguous.

Assessment Labels

Every analysis assigns one of 4 categorical labels to this signal. Labels represent a spectrum from best to worst assessment.

DURABLEBest outcome

Revenue streams are structurally sound with diversified sources, long-term contracts, and no material external dependencies.

CONDITIONALPositive outcome

Revenue is solid but depends on specific conditions (customer relationships, regulatory treatment, platform terms) that could change.

FRAGILEConcerning outcome

Revenue depends on fragile conditions — high concentration, short-term contracts, or regulatory dependencies that face active risk.

ARTIFICIALWorst outcome

Revenue is materially inflated by temporary factors, accounting choices, or regulatory loopholes that are likely to close.

What This Signal Captures

Regulatory dependencyCustomer concentrationPlatform riskContract qualitySubsidy dependence

Lenses That Produce This Signal

Multiple lenses can assess the same signal independently. When lenses disagree, we surface the conflict rather than hiding it.

Gravy Gauge

Is this revenue durable, or does it depend on conditions that could change?

Prospectus Probe

Is this a real business or a liquidity exit?

Revenue Revealer

Is revenue structurally sound or dependent on fragile conditions?

Regulatory Reader

Is the company exposed to material regulatory risk?

All ConceptsLearn about Evidence Levels