01
Identify the gap
See where existing protection stops.Understand the operating risk and the residual that current hedges do not cover.
Previously hard-to-hedge operating risk
Monitor the risk.
Basis is margin stabilization for previously hard-to-hedge operating risk. We quantify the financial exposure and structure the hedge.
Now working with a small group of design partners.
The hedging gap
Traditional hedges leave a gap.
Companies can hedge currencies, rates and major commodities. But many of the shocks that move margins — tariffs, weather, freight disruptions, supply interruptions, demand changes and policy — do not map neatly to those markets.
The leftover used to be hard to hedge. That is the margin Basis is built to stabilize.
In June 2025, the U.S. finalized antidumping and countervailing duties on solar cells from Cambodia, Malaysia, Thailand and Vietnam. Module costs reset for projects that had already locked power-purchase prices. A solar farm’s P&L moved on a policy decision that could have been hedged.
What Basis does
Identify → Quantify → Protect.
Bring one material risk that has been difficult to hedge. We identify it, quantify the P&L, and structure the hedge.
02
Quantify the impact
Put a number on the residual.Translate the uncovered exposure into margin, EBITDA or cash-flow impact under base and stressed cases.
03
Structure the hedge
Match the hedge to the business risk.Evaluate futures, forwards, options, swaps and event contracts against the same exposure.
Margin stabilization
Protect the downside. Preserve the ability to operate and grow.
A hedged margin stays steadier. The competitor that leaves residual risk unhedged can look better in quiet quarters, then take the shock.
Gross margin*
Protection is for a steadier path.Your businessUnhedged competitor
Swipe to inspect the chart →
Who it's for
For manufacturers, distributors and importers.
Built for real-economy businesses whose margins move with operating shocks that standard hedges do not cover well.
Manufacturing
Input costs · supplier terms · energy · pass-through gaps
Distribution
Freight vs benchmark · inventory · fuel · FX
Consumer / FMCG
Seasonal demand · weather · input costs · pricing lag
Importers
Tariffs · landed cost · shipping disruption · FX
Design partners
Start with one exposure.
Bring one live operating exposure that has been difficult to hedge. Basis will map how it hits the business, quantify the financial impact, and structure the hedge.
What the engagement covers
✓How the exposure reaches margin, EBITDA or cash flow
✓Where existing hedges stop
✓The hedge that fits the residual
✓Direct input into the Basis product