HIGHOutside partySupplier
three suppliers share of total purchases
“10-K Item 1A: 'three suppliers accounted for 63%, 23%, and 9% of our total purchases.'”
MOVE · Concentration risk · 10-K extracted
Corvex (MOVE) concentration risks
Updated
The most significant concentration Corvex discloses is three suppliers share of total purchases, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Corvex’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH1
MEDIUM0
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-04Movano's disclosed concentration is on the supply side and is a large-share dependency. According to the 10-K, three suppliers accounted for 63%, 23%, and 9% of total purchases. The leading supplier alone therefore carries the majority of the company's purchasing, and the remainder is concentrated in just two further names. This is a dependency rather than a structural feature of the market: it reflects choices about sourcing and the scale of the business, and it is the kind of exposure a company can in principle reduce by qualifying alternates. Until it does, a disruption, price change, or quality issue at the leading supplier would flow straight through to production and margins, and the other two suppliers offer limited cushion. Netting this out, supply concentration is the dominant disclosed risk and one that could plausibly move the verdict, since it is idiosyncratic and within management's power to address but not yet addressed. It is clearly disclosed in the most recent 10-K.
For the engine’s reasoning on MOVE’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Software - Infrastructure
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| APPN | Appian Corporation | 2 | 2 | 0 | 4 |
| AI | C3.ai, Inc. | 1 | 2 | 0 | 3 |
| AEVA | Aeva Technologies, Inc. | 1 | 0 | 0 | 1 |
| MOVE● | Corvex, Inc. | 1 | 0 | 0 | 1 |
| ACIW | ACI Worldwide, Inc. | 0 | 0 | 0 | 0 |
| AKAM | Akamai Technologies, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.