Board Financial Scorecard

Solara Cloud | Board Date: Q4 2024
Rule of 40
31 pts
ARR Growth YoY
34%
EBITDA Margin
-3.2%
NDR
112%
Burn Multiple
1.8
Revenue/FTE
$238K

8-Quarter Financial Performance

Rule of 40 Decomposition

Scenario Model

0%
0%
0%
Base
$148M
EBITDA: -3.2%
FCF: -$4.7M
Runway: 18mo
Bull
$162M
EBITDA: 1.8%
FCF: $2.9M
Runway: 24mo
Bear
$118M
EBITDA: -11.2%
FCF: -$13.2M
Runway: 14mo

ARR Waterfall (Trailing 4Q)

Burn Multiple Trend

Covenant Compliance Tracker

Covenant Threshold Current Headroom Status Days to Breach
Minimum Cash ≥$15M $22.4M $7.4M Compliant
Leverage Ratio <3.0x 2.6x 0.4x Watch 127 days
Revenue Milestone ≥$100M ARR $148M $48M Compliant
Minimum EBITDA Margin ≥-5% -3.2% 1.8% Compliant

Gross Margin Trend

Revenue per FTE

Capital Efficiency

Scenario Revenue Projection (3-Year)

Runway Analysis