Boardroom · September 2026
Your board meeting, already prepared.
Drafted from your close, budget and operating metrics. Review, adjust the narrative, then send it to your Trusteer CFO for a final pass.
The three things your board will care about this month
Burn increased 22% in August
Primarily from three enterprise implementations running with contract delivery support. $184K of the $312K increase is non-recurring.
Enterprise pipeline is up, but concentrated
Qualified pipeline grew 41% quarter over quarter. Two logos represent 58% of that value, and both decisions slip past the board meeting.
You're four months behind the hiring plan
Eight of twelve planned hires are unfilled. That protects burn today and puts the H1 revenue plan at risk.
Draft board package
CEO Summary
Revenue grew 18% to $3.14M for the quarter with net revenue retention at 112%. Margin compressed six points on implementation load. Runway stands at 19 months and the Series A process is targeted for Q1.
Financial Performance
ARR $12.6M (+18% QoQ). Gross margin 66% (72% prior). Operating expense $2.9M against a $2.7M plan. Net burn $780K per month.
What Changed
Delivery costs moved into cost of revenue, contractor spend rose $96K, and one enterprise renewal moved from September to October.
Runway & Forecast
19.4 months at current burn. Reforecast holds 17.2 months if the four open Q4 roles are filled on schedule.
Risks
Customer concentration at 31% of ARR. Margin durability unproven. Hiring pace behind plan for the second consecutive quarter.
Decisions Needed
Approve the revised Q4 hiring sequence, confirm the Series A timing, and sign off on the pricing change for enterprise implementations.
Likely board questions
- “Is the margin decline structural or a delivery staffing choice?”
- “What happens to the plan if the two largest pipeline deals slip a quarter?”
- “Are we under-hiring because of discipline or because we can't close candidates?”
Rehearse my board meeting
I'll play the board. Answer the way you plan to answer in the room.
Boardroom drafts the package. Your Trusteer CFO reviews it before it reaches the board.