Board pack · September 2026

Board report

Prepared for the board · four readers · numbers as of 30 September

Current

Revenue, Q3€412k▲ 11% on Q2

Costs, Q3€161k▲ 4% on Q2

Runway14 monthsat current burn

Customers238+31 this quarter

Revenue by month

AprMayJunJulAugSep

September was the first month above €140k. Two enterprise renewals landed a month early.

Gross margin held at 61% while support headcount grew by one.
The Nordic pipeline is €90k weighted; two deals close in October or slip to Q1.
We are proposing to bring hiring forward by one quarter (see the decision below).

Decision	Ask	Status
Bring the second engineer hire forward to November	Approve €65k annual	For the meeting
Renew the office lease for 12 months	Approve	Approved by email