Beyond the Map

Understanding Where Revenue Actually Lives Across Borders

We built this platform because the old question — where is a company headquartered? — answers almost nothing about where it earns its money. A firm domiciled in Dublin might draw seventy percent of its sales from North America. Another based in Frankfurt could depend on emerging markets. If you are trying to understand exposure, the mailing address is a distraction. We examine cross-sectional foreign sales data so you can see which firms carry genuine geographic diversification and which ones merely look global on paper.

Why We Started This Work

A small team of researchers grew tired of proxy variables that misled more than they clarified
Traditional geographic allocation analysis treats headquarters location as a reliable indicator of revenue origin. We found this assumption produced systematic errors in risk assessment and return predictability models. Our platform was born from a simple observation: cross-sectional foreign sales exposure data reveals patterns that domicile-based classifications obscure entirely. What began as an internal research tool evolved into a shared resource for analysts who refuse to let administrative boundaries dictate their understanding of corporate revenue streams.
Small research team discussing geographic revenue data around a whiteboard

Domicile-Agnostic Classification

We classify firms by where sales occur, not where incorporation paperwork was filed.

Cross-Sectional Comparisons

Compare exposure profiles across hundreds of firms within the same reporting period.

Predictability Research

Investigate how foreign revenue concentration relates to subsequent return patterns.

Transparent Methodology

Every classification rule and data source is documented and open to scrutiny.

What We Believe About Global Exposure Analysis

Transparency Builds Better Models Than Secrecy Ever Could

When classification methodologies are hidden inside proprietary black boxes, nobody can verify whether the output is sound. We publish our assumptions, our data sources, and our limitations. If a classification is uncertain, we say so. If a data point is estimated rather than reported, we flag it.

Investors Deserve Data That Reflects Reality, Not Convention

The investment industry has long accepted headquarters-based geographic labels because they were easy to obtain. We reject convenience as a justification for inaccuracy. Our work is slower, more painstaking, and more useful because it starts from the actual geography of sales rather than the mythology of corporate nationality.

The People Behind the Data

Dr. Ciara Brennan

Dr. Ciara Brennan

Lead Research Analyst

Marcus O'Donnell

Marcus O'Donnell

Data Integrity Director

Dr. Aisha Patel

Dr. Aisha Patel

Senior Quantitative Researcher

Finn Gallagher

Finn Gallagher

Geographic Classification Specialist

Dr. Yuki Tanaka

Dr. Yuki Tanaka

Cross-Sectional Methods Lead

Saoirse Murphy

Saoirse Murphy

Research Operations Manager

Recognition and Citations

Excellence in Research

2023

Data Transparency

2024

Methodology Innovation

2024

Open Research Prize

2025

How We Work

Our daily practice is shaped by commitments to intellectual honesty, methodological care, and respect for the people who use our research.

Source Verification

We trace every data point to its original filing, survey, or regulatory disclosure. Estimates are labeled as such and never presented as reported fact.

Replication Standards

Our analytical steps are documented so that independent researchers can reproduce our classifications and test our conclusions.