Segment labels ≠ industry exposure.
Companies report revenues in ways that suit their own narrative — geographic breakdowns, brand segments, customer type. None of this tells an investor what industry the revenue actually comes from. alphaX extracts the underlying economic activity and maps it to NAICS industry codes, regardless of how the company chose to report.
AI extraction. Human-quality output.
Multilingual PDFs, tables, and narrative disclosures are processed by an AI agent trained specifically on financial report structures. Extracted segments are validated, normalised, and mapped to 6-digit NAICS codes. Annual, quarterly, and half-year cadences are supported.
Evolution Mining reports revenues by metal type: gold, silver, copper. alphaX maps each metal to distinct NAICS codes — gold & silver to NAICS 212220 (primary activity), copper to NAICS 212230. This reveals commodity-level industry exposure for investors.
Airbnb reports geographically — North America, EMEA, APAC — but all regions represent identical economic activity. alphaX's AI identifies the underlying business (traveler accommodation) and maps 100% of revenue to NAICS 721199.
Underlying Activity Classification
We classify the economic activity behind every revenue line — not just the label a company chose to use. The result is cross-company comparability that company-reported data cannot provide.
6-Digit NAICS Precision
Industry classification at the maximum available granularity — enabling precise sector exposure analysis, peer comparison, and regulatory reporting.
Continuous Updates
New filings are processed as they are released. The dataset reflects the most recent published financial information for all 10,300+ covered companies.